Senior Property Accountant

The Senior Property Accountant is responsible for the full-cycle accounting for an assigned portfolio of commercial properties, including the accurate and timely preparation of property-level financial statements in accordance with US GAAP and Company policy. The role prepares and analyzes monthly and quarterly closing actuals, leads CAM and lease-related accounting, supports the budget and reforecast process in collaboration with property management and asset management, and serves as the primary point of contact for client and property-level accounting questions. The Senior Property Accountant works independently with minimal day-to-day supervision, exercising sound accounting judgment to identify and resolve issues, and escalating appropriately when matters fall outside established policy or authority. Key Responsibilitie sMonth-End Close & Financial Reportin gPerform the full month-end close for an assigned portfolio: prepare and post journal entries, bank reconciliations, GL account reconciliations, and monthly accrual entries .Prepare and analyze the monthly financial reporting package for each property, including balance sheet, income statement, supporting schedules, and variance analysis comparing actuals to budget .Maintain property-specific general ledgers, ensuring all transactions are accurately recorded, classified, and reconciled .Ensure all activity for the period, including expenses, receipts, owner distributions, and funding requests, is accurately and completely posted before close .Calculate owner distributions and/or funding requests as required .Maintain the overall integrity of financial records for the assigned portfolio .Daily Accounting & Cash Managemen tCreate batches for tenant receipts, post tenant billing adjustments, and apply prepayments to open charges .Review and approve vendor invoices; monitor payables to ensure timely, accurate processing .Monitor and maintain property cash balances daily, flagging shortfalls or irregularities proactively .Lease Administration & CA MSet up and terminate leases in Yardi, including rent schedules and tenant recovery pools/profiles .Prepare annual and quarterly CAM reconciliations and estimates in accordance with lease terms .Review lease agreements and abstracts to ensure billing, recoveries, and commission calculations are correctly reflected in the accounting system .Budgeting & Forecastin gParticipate in the annual budget process and quarterly reforecasts for the assigned portfolio, in close collaboration with property management and asset management .Prepare monthly income statement analyses comparing actuals to budget and explain material variances .Support capital planning and reforecast cycles within the property management system .Client & Cross-Functional Communicatio nRespond promptly and accurately to requests from property managers, asset managers, and clients on property accounting questions or issues .Support the annual financial statement audit and tax return preparation with accurate, well-documented workpapers .Process Improvemen tContinuously evaluate property accounting processes for efficiency and accuracy; identify opportunities to streamline workflows .Take on additional responsibilities and special projects as needed .Qualificatio nsBachelor's degree in Accounting or Finance require d.CPA certification preferred, not require d.Minimum 4+ years of commercial property accounting experience, with meaningful exposure to retail assets required; office or mixed-use experience a plu s.Experience with Yardi Voyager or MRI required; Yardi Voyager preferre d.Strong working knowledge of US GAAP as applied to commercial real estat e.Advanced Microsoft Excel skills (SUMIFS, INDEX/MATCH, Pivot Tables); proficiency across the Microsoft Office suit e.Demonstrated ability to work both independently and effectively within a team environmen t.Strong written and verbal communication skills; comfortable communicating directly with clients and property-level stakeholder s.Self-directed, organized, and detail-oriented, with sound judgment on when to resolve an issue independently versus escalat #J-18808-Ljbffr