Property Accountant

Property Accountant

About the Role

We are seeking an experienced Property Accountant to join our growing commercial real estate portfolio. This role is ideal for a detail-oriented accounting professional with strong commercial property experience who thrives in a fast-paced environment managing multiple assets. Experience with industrial/warehouse properties is a significant plus.You will be responsible for the full-cycle accounting of a portfolio of commercial properties, ensuring accurate financial reporting, timely tenant billing and collections, and proactive variance analysis. This position plays a key role in supporting property operations, investor reporting, and strategic decision-making.

Key Responsibilities

• Manage day-to-day accounting for a portfolio of commercial properties (office, retail, and industrial/warehouse assets).
• Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow reports.
• Handle tenant billing, rent collections, CAM (Common Area Maintenance) reconciliations, and lease administration accounting.
• Process accounts payable and receivable, including vendor invoices, tenant bill-backs, and security deposit accounting.
• Perform bank reconciliations, general ledger maintenance, and month-end/year-end close processes.
• Develop and monitor property-level budgets and forecasts; prepare variance analysis and explain deviations to management.
• Track capital expenditures, tenant improvements, and lease incentives; maintain fixed asset and depreciation schedules.
• Assist with annual property tax accruals, insurance allocations, and real estate tax appeals support.
• Prepare supporting schedules for external audits, lenders, and investor reporting packages.
• Ensure compliance with GAAP, internal controls, and company accounting policies.
• Collaborate with property management teams, asset managers, and leasing teams to resolve tenant disputes and optimize financial performance.
• Analyze property performance metrics (e.g., occupancy, NOI, tenant retention) and provide actionable insights.
• Support ad-hoc projects such as property acquisitions, dispositions, or refinancing.

Qualifications & Requirements

• Bachelor s degree in Accounting, Finance, or a related field required.
• CPA license or CPA candidate is strongly preferred.
• Minimum 4+ years of progressive accounting experience, with at least 2 3 years specifically in commercial real estate property accounting.
• Strong understanding of commercial lease structures, CAM reconciliations, tenant improvements, and real estate-specific accounting.
• Experience with industrial/warehouse properties is a plus (e.g., triple-net leases, warehouse operating expenses, square-footage-based allocations).
• Proficiency in Yardi, MRI, RealPage, or similar property management accounting software.
• Advanced Excel skills (pivot tables, VLOOKUPs, complex formulas, data analysis).
• Solid knowledge of GAAP and real estate financial reporting standards.
• Excellent organizational skills with the ability to manage multiple properties and deadlines.
• Strong communication and interpersonal skills; ability to collaborate across departments.

Preferred Skills & Attributes

• Experience with multiple property types (especially industrial/warehouse, office, and retail).
• Familiarity with construction-in-progress accounting and lease accounting under ASC 842.
• Working knowledge of Power BI, Tableau, or other financial reporting tools.
• Proactive, solution-oriented mindset with high attention to detail and accuracy.
• Ability to work independently while contributing to a team environment.