Senior Accountant

StevenDouglas; Glen Allen (VA); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

401(k) match

Annual bonus

ESOP participation

Onboarding and training

Work from home on Fridays (after 90‑d)

Job summary

StevenDouglas is hiring a Senior Property Accountant in Glen Allen, VA to support a growing third-party property accounting team for institutional clients.

You will work with 9‑12 accountants on monthly statements, reconciliations, journal entries, and cash forecasting. The first 90 days are onsite for training, after which Fridays may be remote. A clear promotion path and strong benefits are highlighted.

Qualifications

• 3+ years of accounting experience with strong GAAP reporting.
• Advanced Excel skills and experience with financial planning or cash forecasting.
• Ability to work independently and communicate clearly with owners and asset managers.

Responsibilities

• Prepare monthly financial statements and schedules for commercial and multifamily properties.
• Complete monthly bank reconciliations and resolve reconciling items.
• Reconcile mortgage escrow and balance sheet accounts.
• Prepare journal entries including accruals, depreciation, and amortization.
• Record transactions from closing statements.
• Calculate owner distributions and validate monthly management fee calculations.
• Monitor cash flow and accounts payable.
• Build cash forecasts to support liquidity analysis and distribution planning.
• Assist onboarding of new properties and monitor vendors.
• Assist owners with year-end audit and tax reporting.
• Respond to questions from owners and asset managers.
• Partner with property management and accounting teams for process improvements.

Skills

Advanced Excel

Clear communication

Independent worker

Education

Bachelor's degree in Accounting

CPA preferred

Job description

Our client, a well-established commercial real estate services firm, is growing its third-party property accounting team and adding institutional clients. They are hiring a Senior Property Accountant to join a collaborative team of 9–12 accountants in Glen Allen, VA.

For the first 90 days, this position will be fully onsite for training and onboarding, and will then move to 4 days onsite.

Why This Role

• Growth: The firm is actively adding institutional clients, so you will work on larger, more complex portfolios.
• Promotion from within: There is a clear ladder and a recent track record of people moving up it.
• Real training: You spend your first 90 days onsite for hands‑on training and mentorship, then move to work from home on Fridays.
• Strong benefits: Robust benefits package, 401(k) match, annual bonus, and ESOP participation.

What You’ll Do

• Prepare monthly financial statements and supporting schedules for commercial and multifamily properties
• Complete monthly bank reconciliations, including master accounts, and research and resolve reconciling items
• Reconcile mortgage escrow accounts and balance sheet accounts
• Prepare journal entries, including accruals, depreciation, and amortization
• Record transactions from closing statements
• Calculate owner distributions and validate monthly management fee calculations
• Monitor cash flow and accounts payable
• Build and update short- and long-term cash forecasts to support liquidity analysis and distribution planning
• Support onboarding of new properties, including recording prior‑manager activity and monitoring utility, mortgage, and other sensitive vendors
• Assist owners with year‑end audit and tax reporting
• Respond to questions and information requests from owners and asset managers
• Partner with the property management and accounting teams, recommend process improvements, and support special projects

Who Should Apply

We welcome applicants from several backgrounds. If you have 3+ years of accounting experience and come from one of the following, we want to hear from you:

• Third‑party property accountants at other full‑service commercial real estate firms, especially those who support institutional or fund‑owned portfolios
• Owner/operator and developer accountants with experience in straight‑line rent, lease administration, and acquisitions accounting
• Public accounting professionals (senior associate level) with real estate audit experience, including straight‑line rent, ASC 842, and purchase price allocation, who are ready to step away from busy season
• Fund and investment accountants who understand how property‑level results roll up into funds and pension investors
• Corporate GAAP accountants outside real estate with strong ASC 842 experience at multi‑site or lease‑heavy companies, such as retail, distribution, or restaurant organizations

Other Qualifications

• Bachelor’s degree in Accounting; CPA preferred
• 3+ years of accounting experience with strong GAAP reporting, bank reconciliations, and journal entries
• Advanced Excel skills and experience with financial planning or cash forecasting
• Ability to work independently and communicate clearly with owners and asset managers