Pay: $80K-$94K/yr
Reports To: Accounting Manager
Position Summary
The Wilder Companies, a leading real estate development and management firm in New England, is seeking a detail-oriented Property Accountant to join its accounting team.
The Wilder Companies specializes in the development, management, and redevelopment of retail properties. The Property Accountant will be responsible for managing financial reporting, general ledger accounting, account reconciliations, and tenant billing activities for an assigned portfolio of commercial real estate properties.
The ideal candidate will have a strong foundation in accounting principles, experience with property accounting and financial reporting, and proficiency with real estate accounting software such as MRI or Yardi.
This position offers the opportunity to collaborate with property management and accounting professionals while supporting the financial operations of a diverse commercial real estate portfolio.
Key Responsibilities
Property Accounting & Financial Reporting
- Prepare monthly financial statements for an assigned portfolio of commercial real estate properties.
- Maintain accurate general ledger records and prepare supporting accounting workpapers.
- Compile, analyze, and reconcile financial data to ensure accuracy and completeness.
- Prepare, review, and audit journal entries and general ledger accounts.
- Perform account reconciliations and investigate discrepancies.
- Prepare client-specific financial workpapers in accordance with established client guidelines and reporting requirements.
- Support accurate and timely month-end and year-end accounting activities.
Tenant Billing & Reconciliations
- Prepare quarterly and/or annual Common Area Maintenance (CAM) tenant billings and reconciliations.
- Prepare quarterly and/or semiannual Real Estate Tax tenant billings.
- Prepare quarterly and/or semiannual water and utility-related tenant billings.
- Calculate and prepare Percentage Rent billings for applicable tenants.
- Review tenant accounts and assist property management teams with identifying and resolving billing discrepancies.
- Respond to tenant and property management inquiries regarding charges, reconciliations, and account balances.
- Ensure tenant billings are prepared accurately and in accordance with applicable property and lease requirements.
General Ledger & Account Analysis
- Analyze general ledger accounts and supporting financial documentation.
- Prepare and audit journal entries to ensure proper financial reporting.
- Identify and research accounting discrepancies and recommend appropriate adjustments.
- Maintain organized accounting records and supporting documentation.
Property Management Collaboration
- Partner with property management teams to review and analyze tenant accounts.
- Assist with resolving tenant billing questions and financial discrepancies.
- Provide financial information and accounting support to property management personnel.
- Support the financial administration of assigned commercial properties.
Audit & Year-End Support
- Prepare supporting schedules, reconciliations, and financial documentation for year-end reporting.
- Respond to inquiries from external auditors regarding properties within the assigned portfolio.Assist with audit requests and provide supporting accounting documentation.
- Ensure financial records and workpapers are complete, accurate, and properly maintained.
Qualifications
Required
- Bachelor's degree in Accounting, Finance, or a related field.
- 2-4 years of related accounting experience.
- Strong understanding of general ledger accounting, journal entries, account reconciliations, and financial reporting.
- Proficiency in Microsoft Excel and Microsoft Word.
- Experience with real estate accounting software, specifically MRI or Yardi.
- Strong analytical skills and attention to detail.
- Excellent organizational and time management skills.
- Ability to manage multiple priorities and meet recurring reporting deadlines.
- Strong written and verbal communication skills.Ability to work independently while collaborating with accounting and property management teams.
Preferred
- Previous experience in commercial real estate or property accounting.
- Experience preparing CAM reconciliations and tenant billings.
- Familiarity with commercial leases, percentage rent calculations, and real estate tax reconciliations.
- Experience preparing monthly property financial statements.
- Exposure to multi-property accounting or portfolio-level financial reporting.
- Experience supporting external audits and year-end accounting processes.
Why Join The Wilder Companies?
- Join a well-established real estate development and management company with a strong presence throughout New England.
- Gain exposure to a diverse portfolio of commercial retail properties.
- Collaborate with experienced accounting and property management professionals.
- Work in an environment that values professional development and career growth.
- Receive a competitive compensation and benefits package.
- Contribute to the financial operations of a respected commercial real estate organization.
About The Wilder Companies
The Wilder Companies, Ltd. is one of New England's leading real estate development and management companies, specializing in the development, management, and redevelopment of retail properties.
As a diversified real estate organization, Wilder is committed to delivering high-quality property management services while fostering a collaborative work environment that values both personal and professional growth.