Property Accountant

CFS; Boston (MA); Hybrid; USD 65,000 - 80,000; Full time

Job summary

CFS in Boston, MA is seeking a Property Accountant to support budgeting, reporting, and cash management for our real estate portfolio. This hybrid role requires three onsite days per week and offers exposure to development accounting, forecasting, and audit support.

The ideal candidate has 3+ years of relevant accounting experience, a Bachelor’s degree (preferred), and familiarity with MRI or Yardi. Strong communication skills are essential in a collaborative, growth-oriented environment.

Qualifications

• 3+ years of relevant accounting experience.
• Bachelor’s degree preferred.
• Commercial real estate or property accounting experience preferred.
• MRI or Yardi experience preferred.
• Strong written and verbal communication skills.
• Hybrid schedule with 3 days onsite in Boston requested.

Responsibilities

• Prepare annual budgets including revenue projections, operating expenses, and capital improvement programs.
• Prepare monthly financial reports, balance sheets, cash flow analyses, and operating expense analyses.
• Oversee cash management for all entities.
• Prepare and maintain the general ledger and reconcile accounts.
• Prepare bank reconciliations and tenant CAM and real estate tax calculations.
• Review, set up, and maintain property tenants in MRI.
• Maintain knowledge of tenant leases including rent increases, options, special clauses, and letters of credit.
• Prepare distributions and maintain priority return schedules.
• Prepare annual workpapers and support external audits.

Skills

Communication skills

Education

Bachelor’s degree preferred

Tools

MRI

Yardi

Job description

Title: Property Accountant

Salary: 65,000-80,000 + bonus

Location: Boston, MA (Hybrid - 3 days onsite)

Why This Opportunity Stands Out

• Growing yet stable boutique commercial real estate company
• Exposure to various areas outside of pure property accounting, including development accounting, budgeting, forecasting, and analysis
• Strong employee-centric company culture with very little turnover
• Modern office in a great downtown Boston location
• Highly competitive benefits

Property Accountant Key Responsibilities

• Prepare annual building budgets including revenue projections, operating expenses, and capital improvement programs
• Prepare monthly financial reports, balance sheets, cash flow analyses, and operating expense analyses
• Oversee cash management for all entities
• Prepare and maintain the general ledger and reconcile accounts
• Prepare bank reconciliations and tenant CAM and real estate tax calculations
• Review, set up, and maintain property tenants in MRI
• Maintain knowledge of tenant leases including rent increases, options, special clauses, and letters of credit
• Prepare distributions and maintain priority return schedules
• Prepare annual workpapers and support external audits

Property Accountant Qualifications

• 3+ years of relevant accounting experience
• Bachelor’s degree preferred
• Commercial real estate or property accounting experience preferred
• Experience with MRI or Yardi preferred
• Strong written and verbal communication skills
• Ability to work a hybrid schedule with 3 days onsite in Boston