We’re recruiting for our client in the commercial real estate industry seeking a Senior Property Accountant to take ownership of the accounting and financial reporting for a portfolio of commercial real estate assets.
This position offers broad exposure across property-level accounting, financial reporting, budgeting, cash management, tenant reconciliations, and operational finance. The ideal candidate has a strong accounting foundation, experience managing the financial activity of multiple properties or entities, and the ability to work independently while partnering closely with Property Management, Asset Management, and Operations.
Responsibilities
- Manage the full-cycle accounting and month-end close process for an assigned portfolio of commercial real estate properties.
- Prepare and review journal entries, general ledger activity, and account reconciliations.
- Produce monthly, quarterly, and annual property-level financial statements and reporting packages.
- Perform detailed account analysis and budget-to-actual variance reporting.
- Prepare and review CAM, real estate tax, insurance, and other tenant reconciliations.
- Manage property-level accounts receivable, tenant billing, collections, accounts payable, and cash activity.
- Support annual property budgets, forecasts, and ongoing financial analysis.
- Account for tenant improvements, leasing commissions, capital expenditures, and other property-related activity.
- Prepare bank reconciliations, lender draw packages, ownership reporting, and other required financial reports.
- Maintain and reconcile fixed assets, depreciation schedules, security deposits, escrow accounts, and restricted cash.
- Review lease documentation and ensure tenant charges, recoveries, and other financial calculations are accurately reflected.
- Research and resolve accounting discrepancies and complex property-level accounting issues.
- Partner with Property Management, Asset Management, and Operations teams to provide financial insight and support property performance.
- Identify opportunities to improve accounting processes, reporting, and internal efficiencies.
- Assist with special projects and other accounting initiatives as needed.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field preferred.
- 4+ years of progressive accounting experience preferred.
- Property accounting, commercial real estate accounting, or other relevant real estate experience strongly preferred.
- Demonstrated experience managing month-end close, reconciliations, and financial reporting for multiple properties or entities.
- Experience preparing CAM, tax, insurance, or other tenant reconciliations preferred.
- Experience with Yardi or similar property management/accounting software preferred.
- Strong understanding of GAAP and general accounting principles.
- Advanced proficiency with Microsoft Excel.
- Strong analytical, organizational, and problem-solving skills.
- Ability to independently manage multiple priorities and deadlines in a fast-paced environment.
- Strong communication skills and the ability to work cross-functionally with accounting and operational teams.