Property Accountant

Overview

• Manage financial operations for commercial properties, ensuring accuracy in accounting and compliance with industry standards.
• Collaborate with cross-functional teams to optimize financial processes and support strategic decision-making.
• Prepare detailed financial reports and reconciliations to provide actionable insights for property management.
• Analyze accounts and perform audits to ensure precise recording of financial data.
• Maintain schedules for depreciation, amortization, and other financial aspects to ensure regulatory compliance.
• Utilize advanced accounting software for efficient general ledger management and property accounting tasks.
• Contribute to budget preparation and forecasting to support operational and financial planning.
• Support audits and ensure adherence to financial regulations and industry standards.

Key Responsibilities & Duties

• Prepare monthly financial schedules, variance reports, and income statements to ensure accurate property accounting.
• Manage general ledger entries and reconcile accounts to maintain compliance and accuracy.
• Assist in audit preparation, analyze accounts, and resolve discrepancies effectively.
• Maintain detailed schedules for depreciation, accruals, and other financial aspects.
• Prepare and file sales tax returns in compliance with relevant regulations.
• Import budget data into accounting software and assist in reforecasting processes.
• Perform bank reconciliations for cash and reserve accounts to ensure accuracy.
• Track utility expenses and payments for capital projects, ensuring proper allocation.
• Review tenant work orders for accuracy and compliance with sales tax regulations.

Job Requirements

• Bachelor’s degree in Accounting or related field is required.
• Minimum of three years of experience in real estate accounting preferred.
• Proficiency in Excel and property management software is essential.
• Strong organizational skills and ability to prioritize tasks under pressure.
• Effective verbal and written communication skills for interactions at all levels.
• Knowledge of commercial real estate accounting practices is advantageous.
• Experience with general ledger management and financial reconciliations.
• Ability to analyze financial data and prepare detailed reports.
• Familiarity with audit processes and regulatory compliance requirements.