Property Accountant

ABC Imaging
  • Annandale, VA
    11 days ago

    Job Description

    Property Accountant (Staff Accountant – Real Estate)

    Position Summary

    We are seeking a detail-oriented Property Accountant (Staff Accountant) with experience in real estate accounting to join our growing finance team. The ideal candidate will be responsible for managing the day-to-day accounting functions for a portfolio of commercial and/or residential properties while ensuring accurate financial reporting and compliance with accounting standards. This position requires a strong understanding of property accounting, financial reporting, reconciliations, and general ledger management.

    Key Responsibilities

    • Prepare monthly, quarterly, and annual financial statements for assigned properties.
    • Maintain the general ledger and ensure all transactions are recorded accurately.
    • Perform monthly bank reconciliations and balance sheet reconciliations.
    • Record journal entries, accruals, and account adjustments.
    • Reconcile tenant accounts, security deposits, CAM charges, and rental income.
    • Assist with month-end and year-end close processes.
    • Review and process accounts payable and accounts receivable transactions related to assigned properties.
    • Prepare budget-to-actual variance reports and assist with annual budgeting.
    • Coordinate with property managers to resolve accounting discrepancies and provide financial support.
    • Assist with external audits and tax preparation by providing required documentation.
    • Ensure compliance with GAAP and company accounting policies.
    • Maintain accurate financial records and supporting documentation.

    Qualifications

    • Bachelor's degree in Accounting, Finance, or a related field (required).
    • 2+ years of accounting experience, including experience in real estate or property accounting.
    • Strong understanding of GAAP and general accounting principles.
    • Experience with property management/accounting software such as Yardi, MRI, AppFolio, RealPage, or similar systems is preferred.
    • Proficiency in Microsoft Excel, including formulas, pivot tables, and data analysis.
    • Excellent analytical, organizational, and problem-solving skills.
    • Strong attention to detail and ability to manage multiple priorities.
    • Excellent written and verbal communication skills.
    • Ability to work independently and collaboratively in a fast-paced environment.

    Preferred Qualifications

    • Experience accounting for commercial and/or multifamily real estate portfolios.
    • Knowledge of CAM reconciliations, lease accounting, and fixed assets.
    • CPA or CPA candidate is a plus, but not required.

    Benefits

    • Competitive salary
    • Medical, dental, and vision insurance
    • 401(k)
    • Paid time off and company holidays
    • Career growth and professional development opportunities

    Numbers & Facts

    LocationAnnandale, VA

    Skills

    • Accountingunmatched
    • Accounting Closeunmatched
    • Accounting Policiesunmatched
    • Accounting Softwareunmatched
    • Accounting Standards and Regulationsunmatched
    • Accounts Payableunmatched
    • Accounts Receivableunmatched
    • Analysis Skillsunmatched
    • Balance Sheetunmatched
    • Budgetingunmatched
    • CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing)unmatched
    • Certified Public Accountant (CPA)unmatched
    • Communication Skillsunmatched
    • Corporate Policiesunmatched
    • Data Analysisunmatched
    • Dental Insuranceunmatched
    • Detail Orientedunmatched
    • Documentationunmatched
    • External Auditunmatched
    • Financeunmatched
    • Financial Complianceunmatched
    • Financial Reportingunmatched
    • Financial Statementsunmatched
    • Financial Supportunmatched
    • Fixed Asset Managementunmatched
    • General Ledger Accountingunmatched
    • Generally Accepted Accounting Principles (GAAP)unmatched
    • Journal Entriesunmatched
    • Magnetic Resonance Imaging (MRI)unmatched
    • Maintain Complianceunmatched
    • Microsoft Excelunmatched
    • Multitaskingunmatched
    • Organizational Skillsunmatched
    • Pivot Tablesunmatched
    • Presentation/Verbal Skillsunmatched
    • Problem Solving Skillsunmatched
    • Property Managementunmatched
    • Real Estateunmatched
    • Reconciliationunmatched
    • Record Keepingunmatched
    • Regulatory Complianceunmatched
    • Rental Ratesunmatched
    • Residential Real Estateunmatched
    • Tax Returnsunmatched
    • Variance Analysisunmatched
    • Vision Planunmatched
    • Writing Skillsunmatched

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