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Job ID#: 41191
Property Accountant (2 Positions Available)
Direct Hire; $70K – $80K with discretionary bonus
Houston, TX 77042
Key Responsibilities:
Property Accounting & Financial Reporting
- Perform full-cycle accounting for residential and commercial real estate properties.
- Prepare monthly financial statements, supporting schedules, and management reports.
- Complete month-end close activities, including journal entries, accruals, prepaid expenses, depreciation, and account reconciliations.
- Review general ledger activity for accuracy and proper account coding.
- Prepare and maintain balance sheet reconciliations.
- Perform bank reconciliations and resolve outstanding discrepancies.
Tenant Accounting & Property Operations
- Review tenant billings, rent charges, collections, and account activity.
- Reconcile tenant accounts and security deposits.
- Process approved adjustments, write-offs, and reclassifications.
- Support Property Management with accounting-related questions.
Commercial Real Estate Accounting
- Assist with CAM, property tax, and insurance reconciliations.
- Review tenant recoveries and operating expense reimbursements.
- Analyze lease-related charges, escalations, and recoveries for accuracy.
- Support CAM audits and tenant inquiries.
Intercompany & Consolidation Support
- Prepare and reconcile intercompany transactions between related entities.
- Record management fees, shared expenses, reimbursements, and other intercompany activity.
- Assist with entity-level reporting and consolidation schedules.
- Research and resolve accounting discrepancies.
Audit & Process Improvement
- Support annual audits and lender reporting requirements.
- Prepare audit schedules and supporting documentation.
- Maintain compliance with GAAP and internal accounting controls.
- Identify opportunities to improve accounting processes and efficiencies.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or related field preferred.
- 3+ years of property accounting experience.
- Experience with residential and/or commercial real estate accounting.
- Strong understanding of month-end close and financial statement preparation.
- Experience with bank reconciliations, accrual accounting, and general ledger accounting.
- Experience with CAM reconciliations and tenant recoveries preferred.
- Experience with multiple entities, intercompany accounting, and consolidations preferred.
- Proficiency with Microsoft Excel, including PivotTables, VLOOKUP/XLOOKUP, and financial analysis.
- Experience with MRI, Yardi, RealPage, or similar property accounting systems preferred. But MRI is a big plus.
