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 Prism Places, Inc.