Senior Property Accountant

Macdonald & Company; Raleigh (NC); On-site; USD 70,000 - 110,000; Full time

Job summary

Macdonald & Company has exclusive mandate to appoint a Senior Property Accountant for a growing portfolio of commercial assets in the Raleigh-Durham, North Carolina area. You will own the financial reporting and full-cycle property accounting, reporting to the Controller and enabling stronger controls.

The role covers month-end closes, journal entries, accruals, reconciliations, CAM estimates, and lease-level accounting.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5–7+ years progressive accounting experience.
• Commercial real estate accounting experience preferred.
• Yardi or MRI knowledge is advantageous.
• Strong Excel skills with pivot tables, lookups, and advanced formulas.
• 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 CAM estimates, reconciliations, and tenant reporting; review lease accounting.
• Analyze financial performance, identify variances, and provide insights to senior management.
• Support budgeting, forecasting, and external audits; identify process improvements.
• Provide mentorship to a junior Property Accountant.

Skills

Advanced Excel

Communication skills

Deadline management

Supervisory experience

Education

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

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.

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.