Property Accountant

Property Accountant (Staff Accountant – Real Estate)

Position Summary

We are seeking a detail-oriented Property Accountant (Staff Accountant) with experience in real estate accounting to join our growing finance team. The ideal candidate will be responsible for managing the day-to-day accounting functions for a portfolio of commercial and/or residential properties while ensuring accurate financial reporting and compliance with accounting standards. This position requires a strong understanding of property accounting, financial reporting, reconciliations, and general ledger management.

Key Responsibilities

• Prepare monthly, quarterly, and annual financial statements for assigned properties.
• Maintain the general ledger and ensure all transactions are recorded accurately.
• Perform monthly bank reconciliations and balance sheet reconciliations.
• Record journal entries, accruals, and account adjustments.
• Reconcile tenant accounts, security deposits, CAM charges, and rental income.
• Assist with month-end and year-end close processes.
• Review and process accounts payable and accounts receivable transactions related to assigned properties.
• Prepare budget-to-actual variance reports and assist with annual budgeting.
• Coordinate with property managers to resolve accounting discrepancies and provide financial support.
• Assist with external audits and tax preparation by providing required documentation.
• Ensure compliance with GAAP and company accounting policies.
• Maintain accurate financial records and supporting documentation.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field (required).
• 2+ years of accounting experience, including experience in real estate or property accounting.
• Strong understanding of GAAP and general accounting principles.
• Experience with property management/accounting software such as Yardi, MRI, AppFolio, RealPage, or similar systems is preferred.
• Proficiency in Microsoft Excel, including formulas, pivot tables, and data analysis.
• Excellent analytical, organizational, and problem-solving skills.
• Strong attention to detail and ability to manage multiple priorities.
• Excellent written and verbal communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.

Preferred Qualifications

• Experience accounting for commercial and/or multifamily real estate portfolios.
• Knowledge of CAM reconciliations, lease accounting, and fixed assets.
• CPA or CPA candidate is a plus, but not required.

Benefits

• Competitive salary
• Medical, dental, and vision insurance
• 401(k)
• Paid time off and company holidays
• Career growth and professional development opportunities