Property Accountant

Core Executive Recruiting LLC.; Seattle (WA); On-site; USD 85,000 - 120,000; Full time

Job summary

Core Executive Recruiting LLC is seeking a detail-oriented Property Accountant for a retail commercial real estate team in Seattle. The role focuses on full-cycle property accounting, including monthly reporting, accruals, CAM reconciliations, and variance analysis.

Strong knowledge of lease terms and revenue recognition is essential. The ideal candidate has experience with commercial real estate accounting, GAAP, and property management systems such as Yardi or MRI, plus solid Excel skills and

Qualifications

• Proficiency in accounting for complex office leases, including non-standard rent structures and recovery mechanisms.
• Strong understanding of GAAP and real estate accounting principles, especially for commercial portfolios.
• Experience with property management systems (Yardi, MRI, or similar) and intermediate Excel skills.
• Ability to work independently and communicate effectively across finance, operations, and leasing teams.

Responsibilities

• Manage full-cycle property accounting for a portfolio of retail assets, including monthly financial reporting, accruals, CAM reconciliations, and variance analysis.
• Interpret and apply complex lease terms (e.g., rent escalations, abatements, expense caps, and recovery structures) to ensure accurate revenue recognition.
• Collaborate with property managers and asset teams to support budgeting, forecasting, and operational decision-making.
• Maintain general ledger integrity and ensure compliance with internal controls and accounting policies.

Skills

GAAP knowledge

Lease accounting

Interdepartmental communication

Independent work

Education

Bachelor’s degree in accounting/finance

Tools

Yardi

MRI

Excel

Job description

We are seeking a Property Accountant for a retail commercial real estate team managing a diverse portfolio of retail properties. We’re seeking a detail-oriented Property Accountant with a strong foundation in commercial real estate accounting and a sharp eye for lease intricacies beyond straight-line rent. This is an on site role. THIS POSITION REQUIRES A BACKGROUND IN COMMERCIAL PROPERTY ACCOUNTING.

Key Responsibilities

• Manage full-cycle property accounting for a portfolio of retail assets, including monthly financial reporting, accruals, CAM reconciliations, and variance analysis.
• Interpret and apply complex lease terms (e.g., rent escalations, abatements, expense caps, and recovery structures) to ensure accurate revenue recognition.
• Collaborate with property managers and asset teams to support budgeting, forecasting, and operational decision-making.
• Maintain general ledger integrity and ensure compliance with internal controls and accounting policies.

Candidate Requirements

• Proficiency in accounting for complex office leases, including non-standard rent structures and recovery mechanisms.
• Strong understanding of GAAP and real estate accounting principles, especially as applied to commercial portfolios.
• Experience with property management systems (e.g., Yardi, MRI, or similar) and intermediate Excel skills.
• Ability to work independently and communicate effectively across finance, operations, and leasing teams.

Preferred Background

• 3+ years of experience in commercial real estate property accounting, ideally with retail assets.
• Bachelor’s degree in accounting, Finance, or related field.
• Exposure to lease abstraction and interpreting legal lease documents for accounting impact.
• Familiarity with CAM, tax, insurance reconciliations and tenant billing processes.