Property Accountant

We are looking for a detail-oriented Property Accountant to support the financial operations of a real estate portfolio in Houston, Texas. This role is responsible for maintaining accurate property-level accounting records, assisting with period-end close, and preparing reporting required for lenders and other stakeholders. The ideal candidate brings strong general ledger knowledge, sound accrual accounting experience, and the ability to work effectively with internal teams and external partners.

Responsibilities:
• Record and review journal entries to maintain accurate financial activity for assigned properties and contribute to timely month-end close completion.
• Perform balance sheet reconciliations and bank account reconciliations, resolving discrepancies and ensuring supporting documentation is complete.
• Monitor short-term cash requirements for each asset and work closely with accounts payable and on-site teams to align funding needs with scheduled payments.
• Assemble quarterly compliance submissions by collecting financial data and organizing documentation according to lender reporting standards.
• Calculate ownership distributions and process related schedules with a high level of accuracy and attention to deadlines.
• Partner with cross-functional teams to obtain the information needed for recurring financial reports and compliance-related deliverables.
• Prepare organizational reconciliations and supporting calculations to validate account activity and reporting accuracy.
• Serve as a point of contact for auditors, financial institutions, and other external business partners by providing requested records and follow-up information.
• Create draw packages, monitor construction or project-related spending, and maintain accurate job cost tracking records.
• Contribute to workflow improvements and assist management with ad hoc financial reviews, analysis, and special projects as needed.

Qualifications:

• At least 3 years of experience in property accounting or a closely related real estate accounting role.
• Hands-on experience with month-end close processes, including journal entries and account reconciliations.
• Strong understanding of accrual accounting principles and general ledger activity.
• Ability to prepare and analyze balance sheet reconciliations and bank reconciliations with accuracy.
• Experience supporting lender reporting, compliance packages, or similar financial documentation is preferred.
• Proficiency in coordinating with internal departments and external stakeholders in a detail-focused business environment.
• Strong organizational skills with the ability to manage multiple deadlines across a portfolio of properties.

Compensation

$85,000.00-$95,000.00 Yearly

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