Senior Property Accountant

The Senior Property Accountant is responsible for managing property-level accounting, financial reporting, budgeting, forecasting, and financial analysis for a portfolio of real estate entities and properties. This role ensures the accuracy and completeness of financial records, supports monthly and annual financial close activities, identifies financial discrepancies, and provides management with insights into property performance. The position also supports cash flow planning, operating expense analysis, loan monitoring, and owner reporting while coordinating with internal team members and property management stakeholders.

• Prepare monthly property-level income statements, balance sheets, and financial reporting packages.

• Prepare preliminary financial statements and complete monthly close checklists.

• Review general ledger transactions to identify miscoding, unusual balances, and accounting discrepancies.

• Explain variances related to accruals, account coding, billing periods, and property operating results.

• Prepare monthly and quarterly financial reports, rent rolls, and supporting schedules for property owners, lenders, and management.

• Review trailing 12-month financial results to identify unusual or missing revenue and expenses.

• Monitor property tax, insurance, utility, and other operating expenses.

• Prepare monthly cash flow forecasts.

• Compile historical financial data to support annual budgeting.

• Prepare annual property operating budgets in coordination with relevant

• stakeholders.

• Forecast utilities, property taxes, insurance, repairs, and other significant operating

• expenses.

• Prepare actual-versus-budget reports and investigate material variances.

• Analyze net operating income (NOI) and trailing 12-month operating performance.

• Identify missing recurring expenses, including quarterly water bills, taxes, and insurance payments.

• Review general ledger activity and investigate discrepancies.

• Ensure financial transactions are recorded accurately and supported by appropriate documentation.

• Reconcile mortgage balances against lender statements on a quarterly basis.

• Monitor loan maturity dates, interest rate resets, and covenant deadlines.

• Evaluate whether qualifying expenditures should be capitalized or recorded as repair expenses.

• Maintain accurate accounting schedules, supporting workbooks, and financial

• Records.

• Record property-related customer payments, ancillary income, reimbursements, and other charges in QuickBooks Online.

• Process tenant credits, adjustments, concessions, and approved late-fee removals.

• Record and review bank transactions for assigned companies and properties.

• Prepare owner-requested workbooks covering concessions, management fees,

• mortgage payments, utilities, and capital expenditures.

• Collect and organize invoices related to capital projects.

• Review capital expenditures and assess appropriate accounting treatment

• Maintain supporting documentation for property improvements and related financial transactions.

• Coordinate with accounting team members and property management stakeholders to resolve outstanding accounting issues.

• Support the timely completion of monthly, quarterly, and annual reporting requirements.

• Identify potential financial risks, reporting discrepancies, and opportunities to improve accounting processes.

• Maintain accurate, organized, and audit-ready financial records.

• Perform other related accounting and financial analysis duties as required.

• Bachelor's degree in Accounting, Finance, or a related field.

• At least 3 to 5 years of relevant accounting experience, preferably in property management, real estate, or US-based accounting operations.

• Strong experience in general ledger accounting, financial statement preparation, account reconciliations, and monthly close processes.

• Experience with budgeting, cash flow forecasting, and actual-versus-budget analysis.

• Working knowledge of property-level financial reporting, operating expenses, mortgage accounting, and capital expenditure treatment.

• Proficiency in QuickBooks Online and Microsoft Excel, including financial reporting

• and data analysis.

• Strong analytical, organizational, and problem-solving skills.

• Excellent written and verbal communication skills.

• Ability to manage recurring deadlines and work independently in a remote or outsourced accounting environment

• Experience supporting US real estate investors, property managers, or multi-entity

• property portfolios.

• Familiarity with net operating income, commercial tenant recoveries, CAM reconciliations, and real estate tax reconciliations.

• Experience preparing annual property budgets and analyzing operating performance.

• CPA or equivalent professional certification is an advantage.

At Clark Outsourcing, we’re redefining what it means to work in a BPO. This isn’t your regular office setup - it’s where careers flourish, friendships grow, and fun is always part of the deal. Our culture is unmatched (seriously, our team swears by it), and we promise you’ll have to experience it yourself to believe it.

Here’s what’s in store for you:

At CO, it’s not just about work - it's about loving where you work. Ready to experience the best workplace ever? We can’t wait to welcome you to the team!