Property Accountant
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Job Description
Property Accountant responsible for accounting and financial reporting within the real estate portfolio. Ensuring accurate accounting for rental revenue and expenses following GAAP and company policies.
Responsibilities:
- Prepare journal entries including accruals, amortization, and allocations
- Reconcile balance sheet accounts, including bank reconciliations, and resolve discrepancies
- Assist with monthly, quarterly, and year-end close processes
- Record rental income and tenant billings
- Prepare and reconcile CAM and tenant recoveries
- Track prepaid expenses, security deposits, and escrows
- Maintain fixed asset schedules and depreciation records
- Monitor rent collections and AR aging
- Assist with delinquency reporting and follow-up
- Review and process property-related invoices
- Prepare property-level financial statements
- Perform budget-to-actual variance analysis
- Assist in annual budget preparation and reforecasting
Requirements:
- Bachelor’s degree in Accounting or Finance
- 2–5 years accounting experience; real estate preferred
- Knowledge of property accounting principles
- Experience with Yardi Voyager or comparable property accounting software
- Experience booking equity entries and intercompany transactions
- Understanding of entity hierarchies and their accounting treatment across real estate ownership structures
- Comfortable with fixed asset accounting and depreciation methodologies
- Strong analytical skills and attention to detail
- Advanced Excel skills, including pivot tables, VLOOKUP/XLOOKUP, and financial modeling
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