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Our client is adding to their team! The Property Accountant is responsible for managing the financial reporting and accounting functions for a portfolio of residential properties. This role ensures accurate financial records, timely reporting, compliance with accounting standards, and support for property management operations. The ideal candidate is detail-oriented, analytical, and experienced in real estate accounting practices.
Job Responsibility
Prepare and maintain monthly, quarterly, and annual financial statements for assigned properties
Perform month-end and year-end closing activities, including journal entries, account reconciliations, and accruals
Reconcile bank accounts, operating accounts, security deposits, and escrow accounts
Review and analyze property income, expenses, and variances against budgets and forecasts
Prepare and distribute owner, investor, and management financial reports
Assist with annual budgeting and periodic forecasting processes
Process tenant billings, rent adjustments, common area maintenance (CAM) reconciliations, and other lease-related accounting activities
Coordinate with property managers to ensure accurate recording of property transactions
Support accounts payable and accounts receivable functions as needed
Assist with audits, tax preparation, and compliance reporting
Maintain accurate fixed asset records and depreciation schedules
Ensure compliance with company policies, accounting standards, and regulatory requirements
Identify opportunities to improve accounting processes and internal controls
Requirements
At least 3-5 years of accounting experience, preferably in property accounting or a related real estate environment
Hands-on experience with month-end close procedures and full-cycle general ledger accounting
Strong ability to prepare and review journal entries with a high level of accuracy
Proven experience completing account reconciliations and resolving discrepancies efficiently
Knowledge of bank reconciliation processes and cash balancing practices
Solid organizational skills with the ability to manage multiple priorities and meet reporting deadlines
Proficiency with accounting systems and spreadsheet tools used for financial analysis and reporting
What we offer
Medical, vision, dental, and life and disability insurance
Enrollment in our company 401(k) plan (for contract/temporary professionals)