Senior Property Accountant

The Senior Property Accountant is responsible for the accurate and timely financial reporting of a designated real estate portfolio. This includes managing property budgets and forecasts, ensuring compliance with accounting standards, and working closely with property managers to optimize operational efficiency. The ideal candidate will possess strong analytical and problem-solving skills, excellent attention to detail, and the ability to meet tight deadlines.

Responsibilities:

Complete, review and research property management transactions, including schedule charges and billing adjustments

Review and understand tenant lease language and ensure it is input properly to the designated accounting software

Maintain and review Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports monthly

Maintain and review cash/accrual/tax/GAAP based property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed

Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client.

Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy and make corrections as needed monthly

Review and fully understand the CAM Reconciliation process

Work closely with the property management team to create and review annual operating budgets

Prepare monthly construction project draws, review job cost & intercompany reconciliations.

Partnership accounting to include reconciliation of administrative service fees, recording of contribution/distributions, and preparation of journal entries for sales or acquisitions.

Review AP invoices for accurate coding and proper documentation prior to posting

Review daily Cash Receipt batches for proper documentation and correct application prior to posting

Monitor all cash requirements

Provide ownership funding requests/cash distributions as required

Support other team members as needed

Special projects as needed

Desired Competency, Experience and Skills:

Bachelor degree (Master's a plus)

CPA or CAP Candidate preferred

+5 years direct Commercial Property Accounting experience (can be less if CPA or Master's Degree)

Great oral and written communication skills

Detailed oriented with a drive for excellence

Ability to work independently and collaboratively

Able to meet tight deadlines

Pride in accuracy

High level of professionalism and a service attitude