Property Accountant

Our client, a leading player in the competitive landscape of commercial real estate, specializing in property management, leasing, development, and investment, is looking to add a Property Accountant to the team. With a rich history, They have established a strong reputation for excellence, integrity, and innovation in the industry.

Salary/Hourly Rate:

$85k plus 5% – 10% Bonus

Position Overview:

We are seeking a meticulous and experienced Property Accountant to join our client’s team in the dynamic field of commercial real estate. As a Property Accountant, you will play a pivotal role in managing financial transactions and reporting for a diverse portfolio of commercial properties. Your primary responsibilities will include maintaining accurate accounting records, analyzing financial data, and ensuring compliance with industry standards and regulations.

Responsibilities of the Property Accountant:

• Prepare monthly, quarterly, and annual financial statements for assigned properties.
• Analyze financial data to assess property performance and identify areas for improvement.
• Generate variance reports and provide insights to stakeholders on financial trends and projections.
• Maintain the general ledger for assigned properties in accordance with GAAP principles.
• Perform monthly reconciliations of bank accounts and other balance sheet accounts.
• Ensure proper coding and classification of transactions to facilitate accurate financial reporting.
• Assist in the development and implementation of property budgets.
• Monitor budget performance and provide recommendations for cost-saving initiatives.
• Prepare financial forecasts and projections to support strategic decision-making.

Qualifications for the Property Accountant:

• Previous experience as a Property Accountant within the commercial or residential real estate industry is highly preferred.
• Proficiency in accounting software (e.g., Yardi and MRI) and Microsoft Excel.
• Strong understanding of GAAP and financial reporting standards.
• Excellent analytical skills with attention to detail and accuracy.
• Ability to prioritize tasks and manage deadlines effectively.

Education Requirements:

• Bachelor’s degree in Accounting, Finance, or a related field is required.

Benefits:

• 19 days PTO (year 5: 24 days).
• 401k put in 5% get 4% match.
• Medical, dental, and vision.
• Paid holidays.