Senior Property Accountant

Macdonald & Company; Chapel Hill (NC); On-site; USD 85,000 - 110,000; Full time

Job summary

Macdonald & Company is seeking a Senior Property Accountant in the Raleigh-Durham, North Carolina area to own full-cycle property accounting across a portfolio of commercial assets. You will oversee monthly closes, assist with budgeting and audits, and mentor a junior Property Accountant while ensuring accurate lease-related accounting like CAM estimates and rent calculations.

The role reports to the Controller and offers leadership responsibilities within a growing accounting function, with

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5–7+ years of progressive accounting experience, preferably in real estate.
• Experience with property management systems (Yardi or MRI) is advantageous.
• Strong Excel skills and attention to detail.
• Supervisory or mentoring experience is beneficial.

Responsibilities

• Take ownership of full-cycle accounting and financial reporting for a portfolio of commercial properties.
• Manage monthly close processes, including journal entries, accruals, reconciliations, and financial statement preparation.
• Prepare annual CAM estimates, reconciliations, and related tenant reporting.
• Review lease agreements and ensure accurate accounting treatment, including straight-line rent and percentage rent calculations.
• Analyze financial performance, identify variances, and provide insights to senior management.
• Support annual budgeting, forecasting, and external audit processes.
• Identify opportunities to improve accounting processes, internal controls, and reporting efficiencies.
• Provide oversight, training, and mentorship to a junior Property Accountant.

Skills

Full-cycle accounting

Month-end close

Leadership

Excel skills

Communication

Education

Bachelor's degree in Accounting/Finance

Tools

Yardi

MRI

Job description

Macdonald & Company has been exclusively retained by an established and highly regarded real estate owner/operator to appoint a Senior Property Accountant to its growing accounting team in Raleigh-Durham, North Carolina.

Find out if this opportunity is a good fit by reading all of the information that follows below.

This is an excellent opportunity for an experienced accounting professional to take ownership of the financial reporting and accounting functions across a portfolio of commercial real estate assets, while gaining exposure to leadership responsibilities and the continued development of the wider accounting function.

Reporting directly to the Controller, the successful candidate will oversee full-cycle property accounting, lead month-end close processes, and provide day-to-day guidance and mentorship to a Property Accountant.

Key Responsibilities

• Take ownership of full-cycle accounting and financial reporting for a portfolio of commercial properties.
• Manage monthly close processes, including journal entries, accruals, reconciliations, and financial statement preparation.
• Prepare annual CAM estimates, reconciliations, and related tenant reporting.
• Review commercial lease agreements and ensure accurate accounting treatment, including straight-line rent and percentage rent calculations.
• Analyze financial performance, identify variances, and provide meaningful insights to senior management.
• Support annual budgeting, forecasting, and external audit processes.
• Identify opportunities to improve accounting processes, internal controls, and reporting efficiencies.
• Provide oversight, training, and mentorship to a junior Property Accountant.

Candidate Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• 5–7+ years of progressive accounting experience.
• Previous commercial real estate or property accounting experience preferred.
• Familiarity with property management accounting systems such as Yardi or MRI is advantageous.
• Strong Microsoft Excel skills, including pivot tables, lookups, and advanced formulas.
• Previous supervisory or mentoring experience is beneficial, although not essential. xzgxqkn
• Excellent attention to detail, communication skills, and the ability to manage competing deadlines.