Sr. Commercial Property Accountant

We are looking for a skilled Property Accountant to oversee financial activities for a commercial real estate portfolio in Newport News, Virginia. This position plays a key role in maintaining accurate books, producing timely reporting, and delivering insights that support property and asset performance. The ideal candidate brings strong accounting knowledge, experience working across multiple properties or entities, and the ability to collaborate effectively with operational partners in a deadline-driven setting.

Responsibilities:
• Manage day-to-day accounting for a portfolio of commercial assets, ensuring transactions are recorded accurately and in a timely manner.
• Produce monthly financial reports and review results to confirm completeness, consistency, and proper account treatment.
• Prepare journal entries such as accruals, reallocations, and adjusting entries to support month-end close activities.
• Reconcile bank accounts and balance sheet accounts each month, researching and resolving outstanding items as needed.
• Monitor tenant-related financial activity, including billing details, recoverable expenses, and lease-driven charges.
• Contribute to budgeting, forecasting, and variance review by analyzing property performance and explaining key changes.
• Support ownership and management reporting by assembling financial packages, distribution details, and performance summaries.
• Partner with property management and other internal stakeholders to align accounting records with operational activity.
• Compile audit support and documentation for financial reviews, tax preparation, and other reporting requirements.
• Assist with accounting for property acquisitions, dispositions, lease events, and other special projects or process improvements.

Qualifications:

• At least 3 years of accounting experience, with preference for experience in commercial real estate or property management environments.
• Ability to manage accounting responsibilities across multiple properties, entities, or reporting groups.
• Strong working knowledge of general ledger accounting, month-end close, and accrual-based accounting practices.
• Proficiency with Excel and accounting software, including experience with property accounting platforms such as Yardi or similar systems.
• Familiarity with lease structures, tenant recoveries, and reporting related to commercial real estate operations.
• Bachelor’s degree in Accounting or a related discipline is preferred.
• Strong analytical skills, attention to detail, and the ability to prioritize deadlines independently.
• Effective communication skills and comfort working with cross-functional teams to address financial questions and reporting needs.

Compensation

$90,000.00-$115,000.00 Yearly

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