Senior Property Accountant

Macdonald & Company; Durham (NC); On-site; USD 90,000 - 115,000; Full time

Job summary

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

This role owns full-cycle property accounting, leads month-end closes, and mentors a junior Property Accountant while delivering accurate financial reporting across a commercial portfolio and supporting budgeting and audits.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5-7+ years of progressive accounting experience, preferably in real estate.
• Experience with commercial real estate accounting and property accounting is preferred.
• Familiarity with Yardi or MRI is advantageous; strong Excel skills.
• Prior 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 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 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

5-7+ years accounting experience

Supervisory experience

Attention to detail

Strong communication skills

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Yardi

MRI

Excel

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.

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.
• Excellent attention to detail, communication skills, and the ability to manage competing deadlines.