Senior Real Estate Accountant - Dallas, TX (100k-110k + 10%)

LHH; Dallas (TX); On-site; USD 75,000 - 85,000; Full time

Job summary

LHH is seeking a Senior Executive Recruiter to join a real estate firm in Dallas. This mid-senior level position involves managing accounting functions related to properties, overseeing financial reports, and working with accounting software like MRI and Yardi. Candidates should possess strong accounting skills and have experience in property management accounting, with a competitive salary range of $75,000 to $85,000 annually, based on expertise.

Qualifications

• Minimum of 4+ years of recent experience in fee-based property management accounting.
• Experience with budget reporting requirements and participation in annual budget preparation.
• Strong knowledge of GAAP.

Responsibilities

• Prepare and review tenant billings and cash receipt batches.
• Conduct monthly bank reconciliations and analyze income statements.
• Monitor aged delinquency reports and prepare monthly financial reports.

Skills

Financial terms and principles

Proficiency in real estate accounting software

Microsoft Excel

Education

Bachelor’s degree in accounting or finance

Tools

MRI

Yardi

Job description

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This range is provided by LHH. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Senior Executive Recruiter at LHH/Parker and Lynch

LHH is working with a real estate company in the Dallas area that is seeking a new Senior Accountant. This person will be responsible for managing accounting functions related to designated properties, including preparing financial reports, recording accrual and cash journal entries, reviewing operating statements and variance reports, conducting escalation and payable reviews, and performing reconciliations. Proficiency with real estate accounting software (e.g., MRI, Yardi) is essential for performing client accounting tasks.

Job Responsibilities:

• Prepare and review tenant billings and adjustments for review and posting.
• Oversee and post cash receipt batches managed by the Client Accounting Associate. Maintain accurate property cash balances.
• Review and approve significant accounts payable disbursements (e.g., Weekly A/P batches). Prepare weekly Open A/P reports for check-run processing.
• Conduct monthly bank reconciliations for all assigned bank accounts.
• Review monthly Rent Roll postings by property management and verify changes from the prior month, including new move-ins/outs and rent adjustments.
• Monitor aged delinquency reports for necessary adjustments and ensure accurate application of cash receipts to tenant accounts.
• Review and revise supporting schedules for monthly charges as required by the Owner. Ensure sub-ledgers and schedules align with the general ledger.
• Analyze the general ledger and income statement for additional adjusting entries. Confirm with the PM before booking the entries.
• Validate that financial statements and monthly reports are consistent with supporting schedules. Submit monthly financial reports to the accounting manager.
• Monitor cash balances of property bank accounts.
• Assist with the review of prior year CAM and real estate tax escalation reconciliations and respond to auditor queries as needed.
• Prepare calculations for owner distributions according to owner requirements and schedules. Initiate monthly owner distributions as per the Property Management Agreement.
• Prepare and post monthly rent-up reports after receiving property manager approvals. Make necessary corrections or adjustments to tenant ledgers as directed.

Job Requirements:

• Bachelor’s degree in accounting, finance, or a related field preferred.
• Minimum of 4+ years of recent experience in fee-based property management accounting.
• Strong knowledge of financial terms and principles, including current accounting methods (cash and basic accruals) and generally accepted accounting principles (GAAP).
• Experience with budget reporting requirements and participation in annual budget preparation with property management teams.
• Proficiency in real estate accounting software, preferably MRI and/or Yardi.
• Skilled in Microsoft Word, Excel, and Adobe.

If you are interested in this opportunity, or any other career opportunities from LHH Recruitment Solutions please send your resume to: [e-mail]

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

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