Property Accountant

The Property Accountant will be responsible for overseeing the financial operations of a portfolio of properties, ensuring accurate and timely accounting, reporting, and compliance. This role will work closely with property management, senior leadership, and external auditors to ensure financial integrity, monitor budgets, and prepare reports in alignment with company standards.

• Perform full-cycle accounting for an assigned portfolio of properties, including monthly and annual closings, accruals, amortization, depreciation, and preparation of journal entries.
• Review, analyze, and reconcile general ledger accounts to ensure accuracy and completeness.
• Monitor property cash balances, prepare wire transfers, and complete monthly bank reconciliations.
• Calculate tenant-related charges such as percentage rent and CAM in accordance with lease terms, and prepare annual reconciliations.

• Assist with preparation of property budgets and forecasts, including review of operating expenses, revenue assumptions, and variance commentary.
• Conduct monthly variance analysis and communicate financial insights to property management teams.
• Support year-end closing activities and coordinate audit and tax-related requests.

• Coordinate with Accounts Payable and Accounts Receivable teams to ensure timely processing of invoices, payments, and tenant billings.
• Review billing inputs and cash applications for accuracy and compliance.
• Address financial discrepancies, resolve accounting issues, and collaborate with property managers to maintain accurate property records.

• Partner with property management and corporate staff to ensure financial accuracy and operational efficiency.
• Respond to inquiries from internal teams, external auditors, and tax preparers.

• Demonstrate company core values consistently.
• Participate in cross-functional initiatives and support broader Accounting functions as needed.

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum of 2-3 years of accounting experience, preferably in real estate or property management.
• Strong understanding of accounting principles and financial reporting.
• Proficiency in Microsoft Excel and accounting software (e.g., Yardi, MRI, or similar).
• Experience with accounts payable, accounts receivable, and general ledger reconciliation.
• Knowledge of property accounting and reporting standards.
• Strong attention to detail, with the ability to work efficiently under tight deadlines.
• Excellent organizational and time management skills.
• Strong communication skills to interact effectively with internal and external teams.
• The role requires prolonged periods of sitting at a desk and working on a computer. Occasional standing, walking, and light lifting (up to 10 pounds) may be necessary for filing or organizing documents.

• Ability to focus on accuracy and consistency in financial data.
• Strong problem-solving skills and ability to analyze financial data.
• Efficiently prioritize tasks and manage deadlines.
• Strong verbal and written communication skills.
• Ability to collaborate with multiple departments and contribute to the team's success.