We are seeking an experienced and detail-oriented Property Accountant to join our finance team in Central New Jersey. The ideal candidate will have at least 4 years of accounting experience in commercial real estate, with a strong background in general ledger accounting, month-end close, financial reporting, account reconciliations, and financial analysis.
This role manages accounting and financial reporting for an assigned portfolio of commercial real estate properties, ensuring accurate, reliable financial data and delivering timely information to support business decisions. The Property Accountant will work closely with the Controller, property managers, and senior management to oversee accounting activities and support the portfolio’s financial performance.
Key Responsibilities
- Manage the monthly general ledger close for an assigned portfolio of properties, ensuring accurate, timely financial reporting.
- Prepare and post journal entries, accruals, and other property-level accounting transactions.
- Maintain and reconcile general ledger accounts to ensure accurate, complete financial records.
- Perform bank reconciliations and balance sheet account reconciliations, investigating and resolving discrepancies as needed.
- Prepare, analyze, and report monthly and quarterly property financial statements, including income statements, balance sheets, and cash flow reports.
- Perform variance analysis against budgets, forecasts, and prior-period results, identify significant fluctuations, and provide explanations.
- Prepare monthly property reports and other financial analyses for the Controller’s and senior management’s review.
- Respond to requests for internal management reports and provide financial information to support business decisions.
- Assist in preparing and reviewing annual operating budgets and financial forecasts.
- Track and analyze property-level operating expenses, job costs, and other financial metrics.
- Ensure compliance with GAAP, company accounting policies, and established internal controls.
- Identify opportunities to improve accounting procedures, financial reporting processes, and overall efficiency.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field required.
- Minimum of 4 years of accounting experience, preferably in commercial real estate or property accounting.
- Strong understanding of GAAP, general ledger accounting, account reconciliations, and financial reporting.
- Experience managing month-end close processes and preparing property-level financial statements.
- Advanced Microsoft Excel skills, including complex formulas, spreadsheets, reconciliations, and financial analysis.
- Experience with real estate accounting systems such as Yardi, MRI, or similar platforms preferred.
- Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.
- Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
- Excellent written and verbal communication skills.
- Demonstrated accountability, initiative, and ownership of assigned responsibilities.
Work Location
- This is a full-time, onsite position based in Central New Jersey, requiring attendance in the office five days per week.