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Property Accountant

Addison Group

Benefits: This position is eligible for medical, dental, vision and 401(K). Job Description: Maintain and reconcile all general ledger accounts related to real estate, including rent, CAM, taxes, and utilities Record monthly rent payments Manage accounting for tenant improvements, capital expenditures, and property related assets and liabilities Reconcile security deposits, landlord statements, and lease escalations Prepare monthly, quarterly, and annual property related financial statements and variance analyses Support budgeting and forecasting for real estate costs across multiple office locations Produce ad hoc financial analyses to support real estate strategy, relocations, expansions, or lease renegotiations Review leases and amendments to ensure proper accounting treatment Maintain accurate schedules and documentation for all lease obligations Partner with Real Estate team to track occupancy changes and office space allocations Allocate real estate costs to departments, practice groups, or cost centers as required Review and validate landlord CAM reconciliations and escalate discrepancies Work with Accounts Payable to ensure timely processing of property related invoices Assist with internal and external audits, providing documentation related to leases and property assets Ensure compliance with GAAP and company policies Other duties as assigned Education & Skills Requirements: Bachelor’s degree in Accounting 3 to 5 years of relevant property accounting or lease accounting experience Strong understanding of GAAP and ASC 842 lease accounting standards Proficiency with accounting systems and Excel High attention to detail and accuracy Familiarity with multi office, multi state lease portfolios Strong analytical, organizational, and communication skills #J-18808-Ljbffr Addison Group

Vacancy posted 6 days ago
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