Senior Property Accountant

Centennial; Dallas (TX); On-site; USD 95,000 - 125,000; Full time

Job summary

Centennial is seeking a financial expert to manage a portfolio of properties with a focus on accurate monthly reporting and collaboration with property managers to improve operations.

You will handle transaction reviews, leasing inputs, ledgers, budgeting, and monthly reporting packages, ensuring GAAP compliance and timely closes. Strong communication and detail orientation are essential for success in this role.

Qualifications

• Bachelor's degree in Accounting; Master’s a plus.
• CPA or CPA Candidate preferred but not required.
• 5+ years of direct Commercial Property Accounting experience.
• Excellent oral and written communication skills.
• Detail-oriented with a drive for accuracy and deadlines.
• Ability to work independently and with teams under tight timelines.

Responsibilities

• Complete, review and research property management transactions and charges.
• Review lease language and input into accounting software.
• Maintain Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports.
• Maintain ledgers, balance sheets and income statements; prepare journal entries.
• Prepare and distribute monthly financial reporting packages and variance reports.
• Reconcile balance sheet accounts and perform GL accuracy checks monthly.
• Understand CAM Reconciliation process.
• Assist in annual operating budget development with the property management team.
• Prepare monthly construction draws and review job costs.
• Handle partnership accounting including service fees and journal entries.
• Review AP invoices for correct coding and documentation.
• Review daily cash receipts for proper documentation.
• Monitor cash requirements and supporting distributions as needed.
• Support other team members and participate in special projects as required.

Skills

Communication skills

Detail-oriented

Independent & collaborative

Service mindset

Education

Bachelor's in Accounting

CPA or CPA Candidate (preferred)

Job description

In this critical role, you will assume the role of financial expert for a designated portfolio of our properties, which are often complex in nature. You'll ensure the accuracy and timeliness of monthly financial reporting, working collaboratively with property managers to optimize operational efficiency.

Responsibilities:

• Complete, review and research property management transactions, including schedule charges and billing adjustments
• Review and understand tenant lease language and ensure it is input properly to the designated accounting software
• Maintain and review Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports monthly
• Maintain and review cash/accrual/tax/GAAP based property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed
• Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client
• Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy and make corrections as needed monthly
• Review and fully understand the CAM Reconciliation process
• Work closely with the property management team to create and review annual operating budgets
• Prepare monthly construction project draws, review job cost & intercompany reconciliations
• Partnership accounting to include reconciliation of administrative service fees, recording of contribution/distributions, and preparation of journal entries for sales or acquisitions
• Review AP invoices for accurate coding and proper documentation prior to posting
• Review daily Cash Receipt batches for proper documentation and correct application prior to posting
• Monitor all cash requirements
• Provide ownership funding requests/cash distributions as required
• Support other team members as needed
• Special projects as needed

Desired Competency, Experience and Skills:

• Bachelor’s degree in Accounting (Master’s a plus)
• CPA or CPA Candidate preferred, but not required
• 5+ years direct Commercial Property Accounting experience (can be less if CPA or Master’s Degree)
• Great oral and written communication skills
• Detail-oriented with a drive for excellence; pride in accuracy
• Ability to work independently and collaboratively to meet tight deadlines
• High level of professionalism and a service-oriented mindset