Property Asset Accountant – Federal Leases & Valuation

XLA; Washington (District of Columbia); On-site; USD 65,000 - 85,000; Full time

Job summary

XLA is seeking an Accountant (Property Logistics Division) to manage property accounting and financial reporting for federal assets. The role emphasizes asset valuation, capitalization, depreciation, and lease identification in accordance with federal standards.

The successful candidate will reconcile balances between subsidiary records and the general ledger, support construction-in-progress and disposals, and maintain audit-ready documentation for internal and external reviews.

Qualifications

• Requires a bachelor's degree and a minimum of three (3) years of experience in federal accounting principles and practices, with emphasis in property accounting.
• Experience with financial management systems, property accounting applications, and data analysis tools.
• Have the skills to reconcile balances, support capitalization and depreciation, review lease documentation, and maintain audit-ready property documentation.

Responsibilities

• Reconcile real and personal property balances between subsidiary records and the general ledger, identify discrepancies and prepare recommended adjustments.
• Support capitalization and financial reporting of property assets, including construction-in-progress, asset transfers, impairments, disposals, and depreciation calculations.
• Review lease documentation and assist in determining appropriate accounting treatments for capital and operating leases in accordance with federal accounting standards.
• Maintain audit-ready property documentation, support internal and external audit requests, and assist in developing corrective actions for identified deficiencies.
• Analyze property and asset-related financial data to ensure accurate valuation, classification, and reporting consistent with FASAB and DOJ financial requirements.

Skills

Federal accounting

Asset valuation

Lease accounting

Data analysis

Education

Bachelor's degree

Tools

Property accounting software

Data analysis tools

Job description

XLA is seeking an Accountant (Property Logistics Division) to manage property accounting and financial reporting for federal assets. The role emphasizes asset valuation, capitalization, depreciation, and lease identification in accordance with federal standards.

The successful candidate will reconcile balances between subsidiary records and the general ledger, support construction-in-progress and disposals, and maintain audit-ready documentation for internal and external reviews.