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We are looking for a meticulous Senior Property Accountant to oversee the financial management of industrial real estate portfolios. This role requires a strong grasp of property-level accounting, advanced analytical skills, and the ability to work seamlessly with accounting software. The ideal candidate will thrive in a collaborative environment while ensuring accuracy and compliance in financial reporting.
Job Responsibility:
Prepare accurate monthly, quarterly, and annual financial statements for assigned properties
Manage accounts payable and receivable processes, including tenant billing, rent posting, and vendor payments
Perform general ledger entries, bank reconciliations, and balance sheet reconciliations
Analyze operating expenses, common area maintenance charges, and year-end reconciliations
Process journal entries and make necessary adjustments to ensure accuracy
Collaborate with property managers to provide timely financial insights and address discrepancies
Conduct variance analyses and prepare detailed monthly reporting packages
Assist with audit preparations by providing documentation, schedules, and responses to inquiries
Maintain compliance with industry standards for cash-based real estate accounting
Support system updates and contribute to improvements in accounting processes
Requirements:
Bachelor’s degree in Accounting, Finance, or a related field
At least 3 years of experience in property or real estate accounting, preferably in industrial or commercial settings
Proficiency in using MRI or similar real estate accounting software
Solid understanding of real estate accounting principles and practices
Advanced skills in Microsoft Excel, including pivot tables and financial formulas
Exceptional attention to detail and ability to meet multiple deadlines
Strong communication skills and a team-oriented mindset
Familiarity with California real estate regulations and financial requirements is preferred
Nice to have:
Familiarity with California real estate regulations and financial requirements is preferred