Senior Property Accountant

A well-established real estate organization is seeking a Senior Property Accountant to join its accounting team. This role will oversee the financial reporting and accounting activities for a portfolio of commercial properties, ensuring accurate financial statements, tenant billing, reconciliations, and month-end close activities.

The ideal candidate will have property accounting experience, a strong understanding of real estate financials, and the ability to manage multiple properties while partnering closely with property managers, asset managers, and leadership.

Key Responsibilities

• Manage full-cycle accounting for a portfolio of commercial, retail, industrial, or office properties
• Prepare monthly, quarterly, and annual property financial statements
• Perform month-end close activities, including journal entries, accruals, and account reconciliations
• Analyze income statements and balance sheet activity and investigate variances
• Prepare and review tenant billings, CAM reconciliations, and operating expense recoveries
• Reconcile bank accounts, property operating accounts, and escrow accounts
• Monitor and record fixed asset additions, disposals, and depreciation
• Assist with annual budgets, forecasts, and reforecasts
• Review lease agreements and ensure proper accounting treatment
• Prepare workpapers and schedules for external auditors and tax professionals
• Partner with property managers to analyze property performance and operating expenses
• Assist with acquisitions, dispositions, and property transitions as needed
• Ensure compliance with GAAP and company policies

Qualifications:

• Bachelor's degree in Accounting or Finance required
• 4+ years of accounting experience
• 2+ years of property accounting or real estate accounting experience strongly preferred
• Experience with month-end close, accruals, financial reporting, and account reconciliations
• Strong understanding of CAM reconciliations, tenant billings, and lease administration
• Advanced Microsoft Excel skills including Pivot Tables, VLOOKUPs, and financial analysis
• Experience with MRI, Yardi, RealPage, JD Edwards, SAP, NetSuite, or similar ERP/property management systems
• Strong analytical and problem-solving skills
• Excellent attention to detail and organizational abilities

Preferred Qualifications

• Commercial real estate experience
• CPA or CPA candidate preferred
• Experience supporting multi-property portfolios
• Exposure to acquisitions, dispositions, and property transitions
• Experience with owner reporting and lender reporting requirements

What We're Looking For

• A proactive accountant who can independently manage a property portfolio
• Someone comfortable working directly with property managers and leadership
• Strong financial reporting and analytical capabilities
• Ability to meet deadlines in a fast-paced environment
• A professional who takes ownership and enjoys improving processes and efficiencies

Compensation

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