Senior Property Accountant

Piedmont Realty Trust; Atlanta (GA); On-site; USD 70,000 - 90,000; Full time

Job summary

Piedmont Realty Trust is seeking a Senior Property Accountant to support property management and perform monthly closings, ensuring timely and accurate REIT financial reporting.

The role requires 3+ years in real estate accounting, with a Bachelor's in Accounting preferred, and proficiency in MS Office; MRI and Nexus experience is a plus. Ability to work independently and in teams is essential.

Qualifications

• Bachelor's degree in Accounting or equivalent.
• 3+ years of experience, real estate accounting preferred.
• Proficient in Microsoft Office; MRI and Nexus a plus.
• Detail-oriented with strong organization and analytical skills.
• Strong written and verbal communication.
• Ability to work independently and in teams to meet deadlines.

Responsibilities

• Manage general ledger responsibilities within MRI for assigned properties, monthly closings (40%).
• Prepare/review entries: straight-line rent, AR, allowance for doubtful accounts, depreciation, amortization, prepaid rent, taxes, insurance, accruals (15%).
• Maintain supporting work papers and monthly closing checklist (10%).
• Review AP/cash disbursements, cash receipts, fixed assets handled by others (15%).
• Collaborate with property managers on variances, accruals, budgets, forecasts, and operating expense recoveries (15%).
• Assist Real Estate Accounting Group with audit support and other duties (5%).

Skills

Real estate accounting

Written communication

Analytical

Independent and team work

Education

Bachelors in Accounting

Tools

MRI

Nexus

MS Office

Job description

At Piedmont, our mission is to build and transform workspaces that enhance connection and collaboration for tenants, while remaining committed to our stakeholders, employees, and local communities. Going beyond Piedmont's commitment to a best-in-class built environment, we have dedicated ourselves to fostering a diverse and inclusive culture by empowering employees to share their experiences and ideas to create a culture where there is shared pride, passion, and commitment to excellence, innovation, and respect. Culture is more than just a buzzword to us, our employees are what make Piedmont such a dynamic and rewarding place to work and remain our most valuable resource to work together, be successful, grow the company, and make an impactful difference in the office experience.

The Senior Property Accountant supports Property Management as an accounting resource providing positive and timely client service and to perform property monthly closings in a timely and accurate manner to support the preparation of the REIT financial information.

JOB REQUIREMENTS

• Bachelor's degree in Accounting preferred or equivalent experience
• A minimum of 3 years' experience, real estate accounting preferred
• Proficient in Microsoft Office, experience with MRI and Nexus a plus
• Detail-oriented with strong organization and analytical skills
• Strong in both written and verbal communication
• Ability to work independently and in teams to meet deadlines while maintaining a positive attitude
• Physical requirements involve sitting to perform general office work at computer, and mobility between departments or office area to facilitate work.
• Routine travel is not required for the position.

JOB RESPONSIBILITIES

1. 1) All general ledger responsibilities within MRI for assigned group of properties including closing the books on a monthly basis. (40% of Time)
2. 2) Prepare/review the following specific accounting entries and related analysis: straight line rent, accounts receivable and related allowance for doubtful accounts, depreciation, amortization of leasing costs, prepaid rent, accrued property tax and the related expense, prepaid insurance and the related expense, other accrued liabilities and other account reconciliation. (15% of Time)
3. 3) Maintain supporting work papers and account analysis for assigned properties, including a monthly closing checklist. (10% of Time)
4. 4) Review the following related responsibilities performed by others for assigned properties (15% of Time): accounts payable/cash disbursements, cash receipts, and fixed assets.
5. 5) Work with property managers to review variance explanations and monthly accruals, review/prepare portions of property annual budgets, review forecasts, and assist with operating expense recovery reimbursements. (15% of Time)
6. 6) Other duties as assigned from time to time to assist the Real Estate Accounting Group, including but not limited to audit support. (5% of Time)

Equal Opportunity Employer

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