Senior Accountant - Plano, TX (95k-100k + Bonus)

LHH; Plano (TX); On-site; USD 80,000 - 110,000; Full time

Job summary

LHH is seeking a Senior Property Accountant to support the financial operations of a diversified commercial real estate portfolio. The ideal candidate will lead full-cycle property accounting, GAAP reporting, budgeting, and joint venture reporting, partnering with property management teams and internal stakeholders.

Responsibilities include GL management, monthly statements, variance analysis, fixed assets, leases, and annual audits, with strong attention to accuracy and independence.

Qualifications

• Bachelor's degree in Accounting or Finance required.
• CPA designation strongly preferred.
• 3-5+ years of commercial real estate accounting experience or comparable accounting experience.
• Strong understanding of GAAP accounting and full-cycle general ledger processes.
• Experience preparing monthly financial statements, balance sheet reconciliations, accruals, budgets, and financial forecasts.
• Familiarity with commercial lease structures, including NNN, CAM, lease abstracts, and tenant expense reconciliations.
• Experience with fixed assets, depreciation, amortization schedules, and capital project accounting.
• Exposure to joint venture reporting, property funding, loan draws, and annual audit preparation preferred.

Responsibilities

• Manage full-cycle general ledger accounting, including monthly accruals, journal entries, balance sheet reconciliations, financial statement preparation, and general ledger reviews.
• Prepare monthly financial statements and provide variance analysis, identifying trends and explaining significant fluctuations in financial performance.
• Maintain accurate GAAP-based rental revenue calculations and perform monthly analytical reviews.
• Manage fixed asset accounting, including placing assets in service, recording disposals, calculating depreciation, and maintaining supporting schedules.
• Prepare monthly financial reporting packages for joint venture partners, including supporting schedules and reconciliations.
• Prepare property funding requests, loan draws, and related financial documentation.
• Maintain purchase price allocation (PPA) accounts and related derivative accounting as needed.
• Coordinate annual audit requirements, including preparing audit schedules, PBC documentation, and GAAP financial statements.
• Support annual tax reporting by preparing required financial schedules and supporting documentation.
• Process property billings, billing adjustments, refunds, daily cash activity, and cash reconciliations.
• Manage expense participation (EP) accounting, including tenant billing, pre-bills, annual reconciliations, budgets, and reforecasts.
• Review commercial leases and lease abstracts to ensure accurate accounting treatment and expense allocations.

Skills

GAAP knowledge

Independent worker

Stakeholder communication

Education

Bachelor's degree in Accounting or Finance

CPA designation preferred

Job description

LHH is seeking a Senior Property Accountant on behalf of an established commercial real estate organization seeking an experienced accounting professional to support the financial operations of a diverse property portfolio. This is an excellent opportunity for someone with a strong foundation in commercial real estate accounting who enjoys taking ownership of full-cycle property accounting, financial reporting, budgeting, and joint venture reporting. The ideal candidate will bring strong GAAP knowledge, attention to detail, and the ability to work independently while partnering with property management teams and other internal stakeholders.

Job Responsibilities

• Manage full-cycle general ledger accounting, including monthly accruals, journal entries, balance sheet reconciliations, financial statement preparation, and general ledger reviews.
• Prepare monthly financial statements and provide variance analysis, identifying trends and explaining significant fluctuations in financial performance.
• Maintain accurate GAAP-based rental revenue calculations and perform monthly analytical reviews.
• Manage fixed asset accounting, including placing assets in service, recording disposals, calculating depreciation, and maintaining supporting schedules.
• Prepare monthly financial reporting packages for joint venture partners, including supporting schedules and reconciliations.
• Prepare property funding requests, loan draws, and related financial documentation.
• Maintain purchase price allocation (PPA) accounts and related derivative accounting as needed.
• Coordinate annual audit requirements, including preparing audit schedules, PBC documentation, and GAAP financial statements.
• Support annual tax reporting by preparing required financial schedules and supporting documentation.
• Process property billings, billing adjustments, refunds, daily cash activity, and cash reconciliations.
• Manage expense participation (EP) accounting, including tenant billing, pre-bills, annual reconciliations, budgets, and reforecasts.
• Review commercial leases and lease abstracts to ensure accurate accounting treatment and expense allocations.

Job Requirements

• Bachelor's degree in Accounting or Finance required.
• CPA designation strongly preferred.
• 3-5+ years of commercial real estate accounting experience, public accounting audit experience, or comparable accounting experience.
• Strong understanding of GAAP accounting and full-cycle general ledger processes.
• Experience preparing monthly financial statements, balance sheet reconciliations, accruals, budgets, and financial forecasts.
• Familiarity with commercial lease structures, including Triple Net (NNN), Common Area Maintenance (CAM), lease abstracts, and tenant expense reconciliations.
• Experience with fixed assets, depreciation, amortization schedules, and capital project accounting.
• Exposure to joint venture reporting, property funding, loan draws, and annual audit preparation preferred.