Senior Property Accountant

Legacy Search Advisors; Baltimore (MD); Hybrid; USD 85,000 - 105,000; Full time

Job summary

Legacy Search Advisors is seeking a seasoned property accountant in Baltimore to own the accounting and reporting for a diversified real estate portfolio. You will manage monthly closes, journal entries, reconciliations and prepare property-level statements with close collaboration to property and asset managers.

You will participate in acquisitions and dispositions, optimize processes and mentor junior staff, reporting to an excellent accounting leadership team in a growth-focused environment.

Qualifications

• Bachelor’s degree in Accounting, Finance or related field.
• Approximately 5+ years of progressive accounting experience.
• Property accounting or commercial real estate experience preferred.
• Strong GAAP knowledge and financial reporting.
• Advanced Excel skills; MRI or similar software is a plus.

Responsibilities

• Own accounting and reporting for a real estate portfolio.
• Monthly, quarterly and annual close processes.
• Journal entries, accruals and balance sheet reconciliations.
• Prepare property-level financial statements and reporting packages.
• Budget-to-actual analysis and variance explanations.
• Cash management and property-level accounting.
• Collaborate with Property Management and Asset Management teams.
• Assist with acquisitions, dispositions and financing events.
• Provide mentorship to junior accounting resources.

Skills

Ownership mindset

Accountability

Continuous improvement

Stakeholder communication

Independence

Education

Bachelor's degree in Accounting/Finance or related

Tools

Excel

MRI or similar real estate software

Job description

Baltimore, MD | $85,000–$105,000 Base Salary

If you're a property accountant who enjoys real estate but feels like you've outgrown simply "closing the books," this is the kind of opportunity worth exploring.

We are partnering with one of Baltimore's most prominent and sophisticated real estate organizations as it continues to invest in and upgrade its Property Accounting team. The company operates a large, diverse real estate platform and offers the opportunity to work alongside accomplished professionals across Property Management, Asset Management, Investments, Development and Finance.

Even better: the accounting leadership here is excellent.

This team is being built under a highly regarded Director of Property Accounting who is focused on developing people, improving processes and creating a best-in-class accounting function.

This isn't an environment where you'll disappear into a large accounting department. You'll have visibility, ownership and the opportunity to become an important part of a growing team.

Why This Opportunity Stands Out

You’ll gain exposure to a sophisticated portfolio spanning commercial, development and residential real estate rather than accounting for the same type of asset every month.

Work directly with the business.

You’ll partner with Property Managers, Asset Managers and other stakeholders, giving you exposure well beyond traditional accounting.

Real ownership.

You’ll independently manage the accounting and financial reporting for an assigned portfolio and become a go-to accounting resource for the properties you support.

Exposure to transactions.

As the portfolio evolves, you’ll participate in the accounting surrounding acquisitions, dispositions, refinancings and property onboarding.

A team that’s investing in talent.

Leadership is actively strengthening the Property Accounting organization, creating an excellent opportunity to join while the team is being built and position yourself for continued advancement.

Strong leadership and mentorship.

You’ll work for people who understand accounting, value good work and want their team members to develop.

What You’ll Be Doing

You’ll own the accounting and reporting for a portfolio of real estate assets, including:

• Monthly, quarterly and annual close
• Journal entries, accruals and balance sheet reconciliations
• Property-level financial statements and reporting packages
• Budget-to-actual analysis and variance explanations
• Cash management and property-level accounting
• Partnering with Property Management and Asset Management
• Acquisition and disposition accounting support
• Lender, ownership and investor reporting
• Audit and year-end support
• Process improvement and accounting systems initiatives
• Providing guidance and mentorship to more junior accounting resources

What We’re Looking For

We’re targeting an experienced accountant who can take ownership of a portfolio and operate with a high degree of independence.

Ideally, you’ll bring:

• Bachelor’s degree in Accounting, Finance or a related discipline
• Approximately 5+ years of progressive accounting experience
• Property accounting or commercial real estate experience strongly preferred
• Strong understanding of GAAP and financial reporting
• Advanced Excel skills
MRI or comparable real estate accounting software experience is a plus
• Ability to communicate effectively with accounting and non-accounting stakeholders
A mindset of ownership, accountability and continuous improvement

Compensation & Schedule

The position is based in Baltimore and offers a consistent schedule of Monday–Thursday in the office with Fridays remote, subject to business needs.