Senior Property Accountant

Overview

• Manage financial accounting for multiple real estate properties and assets, ensuring accurate reporting and compliance with accounting standards.
• Collaborate with property management, leasing, and construction teams to support financial operations and decision-making.
• Prepare financial statements, budgets, and variance analyses to provide insights into property performance.
• Perform complex reconciliations of general ledger accounts and transactions, ensuring accuracy and completeness.
• Analyze revenues and expenses, providing detailed reports to stakeholders and management.
• Ensure timely and accurate tenant billing, collection, and receipt application processes.
• Maintain organized work papers and documentation to support financial analyses and audits.
• Provide financial information and analyses to owners, management, and external auditors as required.

Key Responsibilities & Duties

• Collaborate with departments to analyze revenues, expenses, and financial transactions for assigned properties.
• Prepare interim and annual reconciliations for common area maintenance, real estate taxes, and insurance.
• Develop annual budgets and perform monthly variance analyses to monitor financial performance.
• Ensure compliance with technical accounting standards, including capitalization and amortization.
• Conduct complex reconciliations of general ledger accounts and transactions.
• Verify tenant billings, ensuring timely collection and accurate receipt applications.
• Produce monthly financial reports and schedules for distribution to stakeholders.
• Maintain organized documentation and support for financial analyses and audits.
• Respond to inquiries and resolve accounting issues from management and clients.

Job Requirements

• Bachelor’s degree in accounting or finance is required.
• Minimum of 4 years of accounting experience, with 6 years preferred.
• Strong understanding of GAAP, accrual, and cash accounting methods.
• Proficiency in Microsoft Office applications, particularly Excel for data analysis and reporting.
• Ability to analyze large datasets and utilize advanced Excel functions effectively.
• Excellent written and verbal communication skills to interact with stakeholders.
• Self-motivated, detail-oriented, and organized with strong time management skills.
• Capability to prioritize tasks and meet deadlines in a dynamic environment.
• Adaptability to change and a proactive approach to problem-solving.