Property Accountant

Vaco by Highspring; Bridgewater (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

Vaco by Highspring is seeking a Senior Property Accountant to join a growing accounting team. The role focuses on applying cash, accrual, and full GAAP to a complex real estate portfolio, including multifamily properties.

You will prepare financial statements, budgets, and tenant CAM reconciliations while collaborating with management and external partners. The ideal candidate is detail-oriented, takes ownership, and has extensive real estate accounting experience, especially in multifamily

Qualifications

• Bachelor's degree in Accounting required.
• 5+ years real estate accounting experience required, multifamily preferred.
• CPA license preferred.
• Experience with Yardi or other real estate accounting software strongly preferred.
• Strong knowledge of GAAP and federal tax regulations.
• Understanding of cash, accrual, GAAP, and tax accounting methods.
• Proven experience preparing, reviewing, and analyzing financial statements and property-level reporting.
• Strong understanding of property accounting, reconciliations, and financial reporting.
• Experience with CAM charges and reconciliations.

Responsibilities

• Complete and oversee advanced accounting transactions in preparation of client financial statement packages.
• Prepare and post journal entries, ensuring transactions are accurately recorded.
• Ensure expenses, receipts, owner distributions, funding requests, and other period transactions are properly posted.
• Prepare and review monthly financial reporting packages for accuracy and completeness.
• Ensure financial packages are prepared and delivered timely to investors, lenders, and management teams.
• Prepare funding and payment requests, ensuring appropriate documentation and authorization.
• Reconcile bank accounts and fixed asset ledgers to supporting documentation.
• Respond to and resolve accounting questions and requests from property management teams, clients, and internal stakeholders.
• Research outstanding accounting issues, identify potential discrepancies, and take corrective action as needed.
• Review complex property budgets and forecasts for assigned portfolios.
• Partner with external audit and tax professionals to support required financial statements and reporting.
• Prepare and analyze tenant CAM charges and reconciliations.
• Provide ad hoc financial reporting and analysis as needed.

Skills

Real estate accounting

GAAP knowledge

Analytical skills

Communication skills

Education

Bachelor's degree in Accounting

CPA certification preferred

Tools

Yardi

Job description

Location: Bridgewater, NJ Area
Job Type: Full-Time
Industry: Commercial & Multifamily Real Estate

Location: Bridgewater, NJ Area
Job Type: Full-Time
Industry: Commercial & Multifamily Real Estate

About the Opportunity

Senior Property Accountant

A leading, privately held real estate development, investment, and management organization is seeking an experienced Senior Property Accountant to join its growing accounting team.

The company has an extensive portfolio spanning commercial, residential, retail, mixed-use, and industrial properties. This role will be responsible for applying cash, accrual, and full GAAP accounting principles to prepare, analyze, maintain, and deliver accurate financial reporting for a complex portfolio of properties.

The ideal candidate is a self-starter who is highly detail-oriented, takes ownership of their work, and has a strong background in real estate accounting, particularly multifamily properties.

Key Responsibilities

• Complete and oversee advanced accounting transactions in preparation of client financial statement packages.
• Prepare and post journal entries, ensuring transactions are accurately recorded.
• Ensure expenses, receipts, owner distributions, funding requests, and other period transactions are properly posted.
• Prepare and review monthly financial reporting packages for accuracy and completeness.
• Ensure financial packages are prepared and delivered timely to investors, lenders, and management teams.
• Prepare funding and payment requests, ensuring appropriate documentation and authorization.
• Reconcile bank accounts and fixed asset ledgers to supporting documentation.
• Respond to and resolve accounting questions and requests from property management teams, clients, and internal stakeholders.
• Research outstanding accounting issues, identify potential discrepancies, and take corrective action as needed.
• Review complex property budgets and forecasts for assigned portfolios.
• Partner with external audit and tax professionals to support required financial statements and reporting.
• Prepare and analyze tenant CAM charges and reconciliations.
• Provide ad hoc financial reporting and analysis as needed.

Qualifications

• Bachelor's degree in Accounting required.
• 5+ years of real estate accounting experience required, with a strong concentration in multifamily properties preferred.
• Active CPA license preferred.
• Experience with Yardi or other real estate accounting software strongly preferred.
• Strong knowledge of GAAP and federal tax regulations.
• Understanding of cash, accrual, GAAP, and tax accounting methods.
• Proven experience preparing, reviewing, and analyzing financial statements and property-level reporting.
• Strong understanding of property accounting, reconciliations, and financial reporting.
• Experience with CAM charges and reconciliations.
• Excellent written and verbal communication skills.
• Strong analytical, organizational, and problem-solving abilities.
• Ability to manage multiple priorities and meet reporting deadlines in a fast-paced environment.

What Makes This Opportunity Exciting?

This is an excellent opportunity for a seasoned Property Accountant to take ownership of a sophisticated real estate portfolio while working with an established organization and experienced real estate professionals. The position offers exposure to complex property accounting, financial reporting, budgeting, forecasting, and client-facing responsibilities.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.

the individual's skill sets, experience and training;

licensure and certification requirements;

office location and other geographic considerations;

other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).

Equal Opportunity Notice

Highspring LLC (d/b/a Vaco by Highspring) and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") are committed to the full inclusion of all qualified individuals and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by applicable law. The company is also committed to ensuring that persons who need them are provided with reasonable accommodations; if an accommodation is needed to participate in the job application or interview process, please contact [e-mail] .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

Representation Notice

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. Additionally, you agree to be included in our talent pool for future hiring for similarly qualified positions. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. Lastly, you agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR and UK GDPR may access our policies here.

Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring's use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client's use of AI products in hiring.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to:

the individual's skill sets, experience and training;

licensure and certification requirements;

office location and other geographic considerations;

other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses and/or participation in medical, dental, and vision benefits as well as the company's retirement plan (or similar retirement benefits).