Property Accountant

TBG | The Bachrach Group; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

The Bachrach Group is seeking a Senior Property Accountant for their New York portfolio. You will own monthly financial reporting, close the general ledger, perform reconciliations, and analyze variances to guide decisions across a diversified commercial/industrial property portfolio.

You will manage cash flow, banking activity, and forecasting while coordinating with property managers, ownership, lenders, and internal teams. This role emphasizes accuracy, analytical rigor, and timely reporting.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 3+ years of accounting experience.
• Commercial/industrial real estate or property accounting experience preferred.
• Strong understanding of GAAP and financial reporting principles.
• Experience with financial statement preparation and analysis.
• Strong cash management, forecasting, and reconciliation skills.
• Proficiency in Microsoft Excel.
• Experience with Yardi, MRI, RealPage, or similar property accounting software is a plus.
• Strong analytical, organizational, communication, and problem-solving skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Self-motivated, detail-oriented, and comfortable working independently.

Responsibilities

• Prepare and review monthly financial statements and reporting packages for multiple properties.
• Manage monthly general ledger close, journal entries, accruals, reclasses, and balance sheet reconciliations.
• Analyze financial results, budget variances, and property performance and provide meaningful commentary.
• Manage property-level cash flow, forecasting, distributions, and banking activity.
• Prepare and review monthly bank reconciliations and resolve outstanding items.
• Monitor critical property obligations, including real estate taxes, insurance, debt service, and other significant expenses.
• Monitor debt balances, loan covenants, lender escrows, and replacement reserves.
• Oversee AP activity and ensure timely payment of property expenses.
• Support annual budgeting, reforecasting, acquisitions, and dispositions.
• Prepare audit schedules and supporting documentation for year-end reporting.
• Partner with property managers, asset managers, ownership, lenders, and internal teams to resolve accounting and financial reporting matters.
• Assist with training team members and improving accounting processes and procedures.

Skills

GAAP knowledge

Financial reporting

Cash forecasting

General ledger

Excel

Communication

Problem solving

Multitasking

Independent work

Education

Bachelor's degree in Accounting

Tools

Yardi

MRI

RealPage

Job description

Join a growing commercial and industrial real estate team where your expertise directly impacts the financial performance of a diverse property portfolio.

We are seeking a Senior Property Accountant to take ownership of financial reporting, cash management, reconciliations, budgeting, and accounting operations for an assigned portfolio of commercial and industrial properties.

This is an excellent opportunity for an experienced property accountant who enjoys working closely with property management, ownership, lenders, and internal teams while providing accurate, insightful financial information.

What You’ll Do

• Prepare and review monthly financial statements and reporting packages for multiple commercial and industrial properties.
• Manage monthly general ledger close, journal entries, accruals, reclasses, and balance sheet reconciliations.
• Analyze financial results, budget variances, and property performance and provide meaningful commentary.
• Manage property-level cash flow, forecasting, distributions, and banking activity.
• Prepare and review monthly bank reconciliations and resolve outstanding items.
• Monitor critical property obligations, including real estate taxes, insurance, debt service, and other significant expenses.
• Monitor debt balances, loan covenants, lender escrows, and replacement reserves.
• Oversee AP activity and ensure timely payment of property expenses.
• Support annual budgeting, reforecasting, acquisitions, and dispositions.
• Prepare audit schedules and supporting documentation for year-end reporting.
• Partner with property managers, asset managers, ownership, lenders, and internal teams to resolve accounting and financial reporting matters.
• Assist with training team members and improving accounting processes and procedures.

What You Bring

• Bachelor’s degree in Accounting, Finance, or a related field required.
• 3+ years of accounting experience.
• Commercial real estate, industrial real estate, or property accounting experience strongly preferred.
• Strong understanding of GAAP and financial reporting principles.
• Experience with financial statement preparation and analysis.
• Strong cash management, forecasting, and reconciliation skills.
• Proficiency in Microsoft Office, particularly Excel.
• Experience with Yardi, MRI, RealPage, or similar property accounting software is a plus.
• Strong analytical, organizational, communication, and problem-solving skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Self-motivated, detail-oriented, and comfortable working independently.

Why This Opportunity?

You’ll have the opportunity to play a key role in the financial management of a commercial and industrial real estate portfolio, collaborate with experienced professionals across property management and investment operations, and make a measurable impact on the performance of the assets you support.

If you’re ready to take the next step in your commercial real estate accounting career, we’d love to hear from you.