Property Accountant

Overview

• Manage financial operations for commercial properties, ensuring accurate accounting and reporting to support strategic property management decisions.
• Collaborate with internal teams and external stakeholders to maintain financial compliance and operational efficiency.
• Prepare detailed financial schedules, reports, and reconciliations to support decision-making processes.
• Analyze accounts, perform audits, and ensure precise financial data recording and reporting.
• Maintain schedules for depreciation, amortization, and other financial aspects to ensure compliance.
• Utilize advanced accounting software for efficient general ledger and property management tasks.
• Contribute to budget preparation and forecasting processes to optimize property operations.
• Support audits and ensure adherence to financial regulations and standards.

Key Responsibilities & Duties

• Prepare monthly financial schedules, variance reports, and income statements for property accounting.
• Manage general ledger entries and reconcile accounts to ensure accuracy and compliance.
• Assist in audit preparation, analyzing accounts, and resolving discrepancies effectively.
• Maintain detailed schedules for financial aspects such as depreciation and accruals.
• 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.