Property Accountant

About This Role

This role is responsible for providing timely and accurate financial reporting for assigned properties, including general ledger management, budgeting, forecasting, and cash management for commercial real estate.

Responsibilities

• Manage general ledgers for assigned properties, including monthly journal entries, income and expense accruals, and bank reconciliations
• Understand accounts payable, accounts receivable, cash receipts, and lease administration functions in commercial real estate
• Prepare monthly and quarterly reporting packages with analyses of balance sheet accounts and variance explanations
• Review annual expense reconciliation schedules and tenant billings
• Prepare detailed interim and year-end working papers for auditors
• Work with external auditors and prepare draft annual financial statements
• Assist with audits through research, analysis, documentation, and response
• Manage the annual property budget and quarterly forecast review, including lease and expense data analysis
• Assist in preparation of budget/forecast packages with detailed analysis
• Prepare monthly cash forecasts
• Assist Managers and Controllers with ad hoc requests and special projects

Requirements

• 2+ years of commercial real estate accounting experience
• Knowledge of GAAP (specifically real estate)
• Understanding of property management relation to financial accounting, recoveries, budgeting and forecasting
• Proficiency in PC-based software such as Microsoft Excel

Qualifications

• Bachelor`s degree in Accounting preferred
• 2+ years of public accounting and/or commercial real estate accounting experience preferred

Nice to Have

• Public accounting experience
• CPA
• Experience in MRI, Yardi, Skyline, JD Edwards, CTI systems

Skills

* Required skills