Property Accountant

Key Responsibilities

• Prepare and analyze monthly financial statements (GAAP, cash basis, or other applicable reporting methods)
• Ensure accuracy, timeliness, and compliance in all reporting
• Support year-end audits, tax returns, and CPA deliverables
• Budgeting, Forecasting & Analysis
• Partner with Operations to develop annual budgets, reforecasts, and cash flow projections
• Maintain and enhance financial models and analysis tools
• Monitor portfolio performance using KPIs and financial metrics
• Lease & Revenue Management
• Calculate expense recoveries, rent escalations, and CPI adjustments
• Analyze lease terms, renewals, expansions, and terminations
• Evaluate the financial impact of leasing activity on asset performance
• Asset & Portfolio Management
• Track and manage capital expenditures, reserves, payables, and receivables
• Interpret financing agreements and investment structures
• Monitor debt covenants and financial performance metrics

Qualifications

• Bachelor’s degree in Accounting or Finance
• 3+ years of commercial real estate accounting experience
• Experience with MRI or similar property accounting software (preferred)

Preferred Skills & Competencies

• Strong knowledge of real estate accounting, financial reporting, and portfolio management
• Understanding of financial concepts: IRR, NPV, ROE, and debt service coverage ratio
• Excellent analytical, critical thinking, and problem-solving skills
• Strong communication skills (written and verbal)
• High attention to detail with strong business judgment
• Ability to manage multiple priorities and meet deadlines
• Ability to work independently and collaboratively