Property Accountant
About the Opportunity
We are seeking a Property Accountant to manage the accounting and financial reporting for a portfolio of commercial properties, including office, retail, and mixed-use assets. This role is ideal for someone with commercial real estate accounting experience who enjoys owning the monthly close process, lease accounting, and partnering with property management teams.
Key Responsibilities for the Property Accountant
Commercial Property Accounting
- Prepare monthly financial statements for assigned properties
- Perform CAM reconciliations, tenant billings, percentage rent, and lease-related accounting
- Maintain lease abstracts and ensure billing accuracy
- Monitor tenant receivables, delinquencies, and security deposits
Month-End Close & Reporting
- Prepare journal entries, accruals, and account reconciliations
- Complete bank reconciliations and maintain supporting schedules
- Analyze budget-to-actual variances
- Assist with annual budgets and forecasts
- Maintain fixed asset and depreciation schedules
Portfolio Support
- Review AP and AR activity for assigned properties
- Support Market Rate and LIHTC portfolios as needed
- Partner with Property Management and Operations to resolve accounting issues
- Assist with process improvements and system enhancements
Qualifications for the Property Accountant
Required:
- Bachelor’s degree in Accounting, Finance, or related field
- 3–5+ years of property accounting experience
- Experience with commercial real estate accounting, including CAM reconciliations and lease administration
- Strong knowledge of GAAP and real estate accounting
- Strong Excel skills
Preferred:
- Experience with Yardi, MRI, RealPage, AppFolio, or similar systems
- Market Rate or LIHTC accounting experience
- Budgeting and forecasting experience
Why This Role?
- Manage a diverse portfolio of commercial real estate assets
- Exposure to commercial, market-rate, and affordable housing properties
- Full-cycle accounting ownership and visibility
- Collaborative team environment with strong leadership
- Opportunity to grow within a respected property management organization
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