Our client in the Real Estate Industry is seeking an experienced professional to join their team as a Property Accountant.
Base Pay Range
$80,000.00/yr - $100,000.00/yr
Responsibilities:
- Prepare and analyze monthly, quarterly, and annual financial statements and tax returns for assigned properties.
- Perform bank reconciliations, journal entries, and general ledger maintenance.
- Apply GAAP-based accounting principles in all reporting and analysis.
- Develop and manage budgets and financial forecasts for each property.
- Ensure compliance with tax regulations, accounting standards, and internal policies.
- Maintain a strong understanding of bonus depreciation and tax accounting.
- Complete CAM (Common Area Maintenance) reconciliations and communicate results to tenants.
- Review leases to confirm accurate billing, recoveries, and expense allocations.
- Collaborate with property managers to identify and resolve financial discrepancies.
- Prepare and submit monthly and quarterly financial reports to stakeholders.
- Manage debt compliance reporting and documentation.
- Support annual audits and coordinate the preparation of required materials.
- Maintain and reconcile fixed asset and depreciation schedules.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field required.
- 2 to 5 years of relevant experience.
- Proven experience in property accounting within commercial real estate.
- Strong knowledge of GAAP and real estate accounting principles.
- Proficiency with accounting software such as Yardi, MRI, or QuickBooks.
- Experience with budgeting and financial forecasting.
- Familiarity with lease administration and tenant reconciliations.
- Ability to manage multiple properties and meet deadlines.
- Knowledge of construction accounting and job cost modules.
Seniority Level
Associate
Employment Type
Full-time
Job Function
Accounting/Auditing