Property Accountant - Commercial Real Estate

We are seeking a detail-oriented Staff Accountant to support our commercial real estate accounting team. The role focuses on CAM (Common Area Maintenance) reporting and budgeting, lease abstracting, and day-to-day accounting tasks to ensure accurate financial reporting and efficient property management accounting.

Responsibilities

• Prepare and manage monthly CAM reconciliations and reporting for commercial properties, ensuring accuracy and timely delivery to property owners and tenants.
• Develop and maintain CAM budgets, prepare variance analyses, and support budget forecasting for property portfolios.
• Perform lease abstracting and maintain lease databases, extracting key financial terms, critical dates, and responsibilities to support accounting and property management.
• Record and reconcile general ledger transactions related to property operations, tenant billings, rent, recoveries, and CAM allocations.
• Prepare monthly, quarterly, and annual financial statements and schedules in accordance with company policies and GAAP.
• Coordinate with property managers, asset managers, and third-party vendors to obtain supporting documentation and resolve discrepancies.
• Assist with audit preparation and provide support for external auditors as needed.
• Support accounts receivable and accounts payable processes tied to property operations, including tenant invoicing and vendor payments.
• Continuously improve accounting processes and controls related to CAM reporting and lease administration.
• Utilize accounting systems to maintain accurate property and tenant records and produce management reports.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field preferred or equivalent work experience.
• 2+ years of accounting experience, preferably in commercial real estate or property management.
• Demonstrated experience with CAM reporting, CAM budgeting, and reconciling CAM accounts.
• Experience with lease abstracting and familiarity with common commercial lease terms and structures.
• Strong general ledger accounting skills, including journal entries, reconciliations, and financial statement preparation.
• Excellent attention to detail, organizational skills, and the ability to manage multiple properties and deadlines.
• Proficient with Microsoft Excel and comfortable working with accounting software; experience with Yardi is a plus.
• Strong communication skills and the ability to collaborate cross-functionally with property and operations teams.
• Knowledge of GAAP and basic tax/tenant charge concepts related to property operations.

Benefits

• Vacation/PTO
• Medical
• Dental
• Vision
• 401k

This is a new role. You must be currently authorized to work in the United States without the need for sponsorship for a non-immigrant visa.