Property Accountant
$75k - $90kLedgent
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$75,000.00/yr - $90,000.00/yr
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We are seeking a detail-oriented and experienced Property Accountant to join our client's growing real estate accounting team. This role is responsible for the financial management of a portfolio of commercial properties. The ideal candidate has a solid background in property accounting and understands the intricacies of tenant leases, operating expenses, and reconciliation processes.
Key ResponsibilitiesWe are seeking a detail-oriented and experienced Property Accountant to join our client's growing real estate accounting team. This role is responsible for the financial management of a portfolio of commercial properties. The ideal candidate has a solid background in property accounting and understands the intricacies of tenant leases, operating expenses, and reconciliation processes.
Key Responsibilities-
Maintain and manage accounting records for a portfolio of commercial properties (retail, office, or industrial).
Prepare and analyze CAM reconcliations in accordance with tenant leases.
Collaborate with property managers and leasing teams to ensure lease terms are accurately reflected in the accounting system.
Calculate and bill tenants for monthly recurring charges, including rent, CAM, and other pass-throughs.
Investigate and resolve tenant disputes related to reconciliations or billings.
Prepare monthly and quarterly financial reports, including income statements and balance sheets.
Assist with annual budgets and property audits.
Support month-end close activities, including journal entries, accruals, and variance analysis.
Ensure compliance with GAAP and internal controls.
Liaise with external auditors as needed.
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Bachelor's degree in Accounting, Finance, or a related field.
3+ years of experience in property accounting, preferably in commercial real estate.
Strong understanding of lease agreements and real estate terminology.
Proficient in accounting software (e.g., Yardi, QuickBooks, RealPage, or similar).
Advanced Excel skills and high attention to detail.
Excellent analytical, organizational, and communication skills.
Ability to manage multiple deadlines and prioritize workload.
All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county , to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.
Seniority level
Seniority level
Entry level
Employment type
Employment type
Full-time
Job function
Job function
Accounting/Auditing
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