Property Accountant
Professional Alternatives
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Job ID#: 38902
Property Accountant
Direct Hire; up to 80K
Vintage Park area
Duties:
- Manage day-to-day accounting functions for a portfolio of commercial real estate assets, ensuring accurate financial reporting, efficient cash management, and timely analysis of property performance
- Work closely with accounting leadership, property management, leasing, and asset management
- Record and reconcile tenant rent receipts, including allocation of base rent and tenant expense reimbursements
- Reconcile property cash accounts to bank statements and the general ledger on a monthly basis
- Prepare accurate and timely monthly financial statements for assigned properties
- Maintain consolidated reporting schedules for investment entities and ownership groups
- Analyze and maintain monthly accounting schedules, including property accruals, prepaid insurance, real estate taxes, fixed assets and bad debt reserves
- Review property-level financial performance and identify variances from budget
- Manage property accounts payable processing through AP automation platform
- Review vendor invoices for proper coding, approvals, and compliance with company policies
- Ensure timely payment of vendors and proactive resolution of payment-related issues
- Coordinate and assist with annual property budgeting process; collaborate with PM, Leasing, and Asset Management teams to develop comprehensive property budgets and business plans
- Prepare quarterly and annual NNN (Triple Net) reconciliations for analysis, tenant billing, and collections
- Support forecasting efforts and financial analysis related to property operations
- Assist with annual financial statement audits and tax return preparation
- Maintain accurate accounting records and supporting documentation
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field
- 1–2 years of accounting experience; commercial real estate or property accounting experience preferred
- Strong knowledge of accounting principles, financial reporting, and account reconciliations
- Experience with CAM/NNN reconciliations and commercial real estate financial reporting preferred
- Proficiency in MRI, Yardi, or similar property accounting software
- Experience with accounts payable processes and AP automation systems
- Advanced Microsoft Excel skills, including financial analysis and reporting
- Ability to prepare accurate financial records and support month-end and quarter-end close processes
- Strong analytical, problem-solving, and variance analysis skills
- Excellent organizational skills with the ability to manage multiple priorities and deadlines
- Effective verbal and written communication skills
- Detail-oriented with a strong commitment to accuracy and accountability
- Self-motivated team player with a high level of professionalism and integrity
- Ability to improve processes and thrive in a fast-paced, entrepreneurial environment
Other Info:
- Reports to Controller and Sr. Accountant
- Annual bonus based on individual and company performance
- Medical and dental insurance; 401(k) retirement plan participation
- Professional development and continuing education support
- Reimbursement of approved travel, licensing, and educational expenses
- Offers significant growth potential as company continues to expand its real estate portfolio and accounting operations
Founded in 1998, Professional Alternatives is an award-winning recruiting and staffing agency that utilizes technology and relationships to deliver top talent. Connect with us today!
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*Due to the high volume of applications we receive, we are not able to personally respond to all applicants. However, if you are selected to move forward in the hiring process, you will be contacted regarding next steps.