Senior Property Accountant
We are looking for an experienced Senior Property Accountant to support a real estate portfolio (Development side) in Plano, Texas. This role is suited for an accounting specialist who can manage complex property financials, deliver accurate reporting, and partner effectively with operational teams. The ideal candidate will bring strong expertise in month-end close, reconciliations, and property accounting systems while maintaining a high standard of accuracy in a fast-paced environment.
Responsibilities:
• Oversee core accounting activities for assigned properties, including ledger analysis, account reconciliations, accrual entries, financial statement preparation, and meaningful explanations of monthly results and forecast changes.
• Review rent-related accounting records to confirm completeness and accuracy, performing analytical checks each month to identify discrepancies and resolve issues promptly.
• Manage fixed asset accounting by identifying assets ready for capitalization, recording them in the appropriate system, calculating depreciation, and validating balances for reasonableness.
• Produce monthly reporting packages for joint venture stakeholders, ensuring financial information is complete, timely, and aligned with partnership requirements.
• Prepare property funding requests and loan draw documentation, supporting cash needs and lender reporting obligations for applicable assets.
• Maintain accounts associated with purchase price allocations and related financial instruments, monitoring activity and recording required accounting entries.
• Support external audit and tax processes by assembling requested schedules, preparing financial statement support, and organizing documentation for annual filings.
• Process specialized billing transactions such as manual charges, adjustments, and refunds, while maintaining supplemental ledgers and reconciling daily cash activity.
• Administer expense participation and lease-related accounting by setting up customer data, preparing billings and true-ups, reviewing lease terms, and assisting with budgets and reforecasts.
• Partner with property management and internal teams to research accounting questions, resolve issues, and manage job cost activity and pay applications for tenant improvement and capital projects.
Qualifications:
• Demonstrated experience in property accounting within the real estate or property management industry.
• Strong working knowledge of general ledger accounting, accrual-based accounting, and month-end close procedures.
• Proficiency with Yardi software and confidence using accounting systems to manage property-level financial activity.
• Ability to prepare financial statements, reconcile balance sheet accounts, and analyze variances with a high degree of accuracy.
• Experience supporting audits, tax package preparation, and detailed reporting for owners, lenders, or joint venture partners.
• Strong organizational skills with the ability to manage multiple deadlines and shifting priorities effectively.
• Clear written and verbal communication skills for collaborating with management offices and responding to accounting inquiries professionally.
Additional Requirements:
- Bachelor's Degree Required
- Must come from Commercial Real Estate, NOT residential
- Must possess strong Excel skills
Resume via LinkedIn to Hemant Dahya
Compensation
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