Real Estate Accounting Analyst

Level 3 BOS; Karachi Division; On-site; PKR 893,000 - 1,786,000; Full time

Job summary

Level 3 BOS is seeking a detail-oriented Property Accountant to manage the financial operations of a commercial real estate portfolio. The role includes tenant billing, AR/AP, lease accounting, bank reconciliations, and financial reporting, ensuring compliance with lease agreements and accurate records in Yardi.

The ideal candidate has 2–5 years of accounting experience, strong Excel skills (VLOOKUP, XLOOKUP, Pivot Tables), and the ability to analyze accounts and support month-end close.

Qualifications

• Bachelor's degree in Accounting or related field.
• 2–5 years of accounting experience, preferably in commercial real estate or property management.
• Experience using Yardi Property Management/ERP software.
• Strong understanding of Accounts Receivable, Accounts Payable, bank reconciliations, and lease accounting.
• Proficiency in Microsoft Excel, including VLOOKUP, XLOOKUP, Pivot Tables, SUMIFS, and basic formulas.

Responsibilities

• Manage tenant billing, recurring charges, and rent schedules within Yardi ERP.
• Process and reconcile tenant payments received through ACH, checks, wire transfers, lockbox, and online payment platforms.
• Monitor Accounts Receivable (AR) aging and follow up on overdue tenant balances.
• Ensure tenant billings accurately reflect lease terms and contractual obligations.
• Review and interpret commercial lease agreements; prepare and maintain lease abstracts.
• Set up and maintain lease terms, rent escalations, recoveries, and recurring charges in Yardi.
• Process vendor invoices and property-related Accounts Payable transactions.
• Allocate expenses to properties and tenants based on lease provisions.
• Maintain accurate coding and documentation for all AP transactions.
• Perform daily cash receipt postings.
• Reconcile bank accounts and investigate discrepancies.
• Assist in CAM reimbursements calculations and reconciliations.
• Assist in the preparation of CAM reconciliations.
• Prepare and analyze AR, AP, and property financial reports.
• Assist with month-end close activities.
• Maintain accurate financial records and supporting documentation.
• Identify discrepancies and recommend corrective actions.
• Ensure accounting transactions comply with company policies and accounting standards.

Skills

Tenant billing

Accounts receivable

Lease accounting

Bank reconciliations

Analytical skills

Communication skills

Problem solving

Financial reporting

Education

Bachelor's degree in Accounting, Finance, Commerce

Tools

Yardi ERP

Excel (VLOOKUP, XLOOKUP)

Job description

Description

We are seeking a detail-oriented and analytical Property Accountant to manage the financial operations of a commercial real estate portfolio. The ideal candidate will be responsible for tenant billing, accounts receivable and payable, lease accounting, bank reconciliations, and financial reporting while ensuring compliance with lease agreements. Experience with Yardi Property Management Software and strong Microsoft Excel skills are essential for success in this role.

Key Responsibilities

Tenant Accounting

• Manage tenant billing, recurring charges, and rent schedules within Yardi ERP.
• Process and reconcile tenant payments received through ACH, checks, wire transfers, lockbox, and online payment platforms.
• Monitor Accounts Receivable (AR) aging and proactively follow up on overdue tenant balances.
• Ensure tenant billings accurately reflect lease terms and contractual obligations.

Lease Administration

• Review and interpret commercial lease agreements.
• Prepare and maintain lease abstracts.
• Set up and maintain lease terms, rent escalations, recoveries, and recurring charges in Yardi.

Accounts Payable & Expense Management

• Process vendor invoices and property-related Accounts Payable transactions.
• Allocate expenses to properties and tenants based on lease provisions.
• Maintain accurate coding and documentation for all AP transactions.
• Perform daily cash receipt postings.
• Reconcile bank accounts and investigate discrepancies.
• CAM & Tenant Recoveries
• Assist in the preparation of annual Common Area Maintenance (CAM) reconciliations.
• Calculate tenant recoveries in accordance with lease agreements.

Financial Reporting

• Prepare and analyze AR, AP, and property financial reports.
• Assist with month-end close activities.
• Maintain accurate financial records and supporting documentation.
• Identify discrepancies and recommend corrective actions.
• Ensure accounting transactions comply with company policies and accounting standards.

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, or a related field.
• 2–5 years of accounting experience, preferably in commercial real estate or property management.
• Experience using Yardi Property Management/ERP software.
• Strong understanding of Accounts Receivable, Accounts Payable, bank reconciliations, and lease accounting.
• Experience interpreting commercial lease agreements is preferred.
• Proficiency in Microsoft Excel, including VLOOKUP, XLOOKUP, Pivot Tables, SUMIFS, and basic formulas.
• Strong analytical, organizational, and problem-solving skills.
• Effective written and verbal communication skills.

Preferred Skills

• Knowledge of commercial property accounting practices.
• Familiarity with month-end and year-end closing processes.
• Ability to manage multiple properties and priorities simultaneously.
• Strong ERP and financial reporting experience.

Location DHA Phase 5

Shift: 7pm-4am (Mon-Fri)