Property accountant
$87k - $95kRandstad
job summary:
Position Overview
- Full-Cycle Property Accounting: Manage monthly, quarterly, and annual financial closes for assigned real estate assets in accordance with US GAAP.
- General Ledger & Reconciliations: Prepare journal entries, perform monthly bank reconciliations, and maintain balance sheet schedules (accruals, prepayments, fixed assets, and mortgage liabilities).
- Lease Administration & Billing: Review lease agreements to calculate rent, tenant billing schedules, utility re-billings, and real estate tax escalations.
- CAM & Operating Reconciliations: Perform annual Common Area Maintenance (CAM), tax, and insurance reconciliations (true-ups) across commercial lease structures (NNN, Modified Gross).
- Accounts Receivable & Payable Oversight: Monitor rent collections, track tenant delinquencies, process vendor invoices, and manage property disbursements.
- Budgeting & Variance Analysis: Partner with property managers to assemble annual property operating budgets and provide monthly variance analysis against budget and prior periods.
- Cash Management & Debt Service: Track property cash flows, forecast capital needs, process mortgage debt payments, and manage distributions to investors/owners.
- Audit & Compliance Support: Assist external auditors during annual reviews and ensure compliance with lender covenants, tax filings, and local regulations.
- Education: Bachelor's degree in Accounting, Finance, or Business Administration.
- Experience: 2-5+ years of dedicated property accounting experience in commercial, residential, or industrial real estate.
- Software Expertise: Proficiency in property management platforms (e.g., Yardi, RealPage, MRI, or AppFolio).
- Technical Skills: Strong understanding of US GAAP, lease accounting structures, and CAM reconciliation methodology. Advanced Microsoft Excel capabilities (PivotTables, XLOOKUP, data modeling).
- Soft Skills: Excellent written and verbal communication skills; ability to interact effectively with property managers, tenants, and lenders.
- Certified Public Accountant (CPA) or candidate actively pursuing CPA certification.
- Experience with real estate acquisition/disposition accounting or debt refinancing transitions.
- Familiarity with Yardi Voyager or MRI Software modules.
- Comprehensive Medical, Dental, and Vision coverage.
- 401(k) retirement savings plan with company match.
- Paid Time Off (PTO), sick leave, and paid holidays.
- Professional development and continuing education support.
job type: Permanent
salary: $87,000 - 95,000 per year
work hours: 9 to 5
education: Bachelor's degree
experience: 4 Years
responsibilities:
Key Responsibilities
- Full-Cycle Property Accounting: Manage monthly, quarterly, and annual financial closes for assigned real estate assets in accordance with US GAAP.
- General Ledger & Reconciliations: Prepare journal entries, perform monthly bank reconciliations, and maintain balance sheet schedules (accruals, prepayments, fixed assets, and mortgage liabilities).
- Lease Administration & Billing: Review lease agreements to calculate rent, tenant billing schedules, utility re-billings, and real estate tax escalations.
- CAM & Operating Reconciliations: Perform annual Common Area Maintenance (CAM), tax, and insurance reconciliations (true-ups) across commercial lease structures (NNN, Modified Gross).
- Accounts Receivable & Payable Oversight: Monitor rent collections, track tenant delinquencies, process vendor invoices, and manage property disbursements.
- Budgeting & Variance Analysis: Partner with property managers to assemble annual property operating budgets and provide monthly variance analysis against budget and prior periods.
- Cash Management & Debt Service: Track property cash flows, forecast capital needs, process mortgage debt payments, and manage distributions to investors/owners.
- Audit & Compliance Support: Assist external auditors during annual reviews and ensure compliance with lender covenants, tax filings, and local regulations.
Qualifications & Requirements
- Education: Bachelor's degree in Accounting, Finance, or Business Administration.
- Experience: 2-5+ years of dedicated property accounting experience in commercial, residential, or industrial real estate.
- Software Expertise: Proficiency in property management platforms (e.g., Yardi, RealPage, MRI, or AppFolio).
- Technical Skills: Strong understanding of US GAAP, lease accounting structures, and CAM reconciliation methodology. Advanced Microsoft Excel capabilities (PivotTables, XLOOKUP, data modeling).
- Soft Skills: Excellent written and verbal communication skills; ability to interact effectively with property managers, tenants, and lenders.
- Certified Public Accountant (CPA) or candidate actively pursuing CPA certification.
- Experience with real estate acquisition/disposition accounting or debt refinancing transitions.
- Familiarity with Yardi Voyager or MRI Software modules.
- Comprehensive Medical, Dental, and Vision coverage.
- 401(k) retirement savings plan with company match.
- Paid Time Off (PTO), sick leave, and paid holidays.
- Professional development and continuing education support.
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status. At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact View email address on click.appcast.io.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including health, an incentive and recognition program, and 401K contribution (all benefits are based on eligibility).
This posting is open for thirty (30) days. Any consideration of a background check would be an individualized assessment based on the applicant or employee's specific record and the duties and requirements of the specific job.
Vacancy posted 1 day ago
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