Property Accountant

Responsibilities

• Prepare journal entries, including recurring, accrual, and adjusting entries in support of month-end and quarter-end close
• Own the preparation and review of balance sheet workpapers, ensuring completeness, accuracy, and proper support for key accounts (e.g., receivables, accruals, tax payable, CAM escrows)
• Perform comprehensive variance analysis (month-over-month, quarter-over-quarter, and year-over-year) across income statement and balance sheet accounts, identifying drivers and resolving discrepancies
• Lead CAM and real estate tax analysis, including:
• Analyzing recovery income vs. actual expenses
• Preparing and reviewing true-ups and prior-year adjustments
• Identifying recovery leakage and driving resolution
• Reviewing and validating property-level trial balances to ensure accurate classification of operating expenses, recoverable vs. non-recoverable costs, and alignment with lease terms
• Partner cross-functionally with Lease Administration, Property Management, Asset Management, and Tax to explain financial results, resolve variances, and ensure billing accuracy
• Maintain and enhance supporting schedules, workpapers, and audit documentation to support financial reporting and internal controls
• Leverage AI tools and data platforms to automate reconciliations, streamline variance analysis, and improve the accuracy and efficiency of close processes
• Utilize large data sets to identify trends, anomalies, and opportunities for process improvement and recovery optimization
• Contribute to process redesign initiatives focused on automation, standardization, and scalability of property accounting and recoveries workflows

Requirements

• Bachelor’s degree in Accounting or related field
• 2+ years of commercial real estate or public accounting experience, with exposure to CAM and tax recoveries preferred
• Experience with variance analysis and balance sheet reconciliations
• Proficiency in MRI (or similar ERP) preferred
• Advanced proficiency with Microsoft Office applications (Word, Excel, Outlook)
• Demonstrated ability to analyze large data sets and clearly communicate financial insights
• Experience with or strong interest in AI tools, automation, and data-driven process improvements
• Strong organizational skills and ability to manage multiple deadlines in a fast-paced environment

Pay

The expected salary range for this position is between $65,000 and $75,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.