Property Accountant

Job Description

Job Description We are looking for a Property Accountant to oversee financial reporting and day-to-day accounting activities for a portfolio of properties in Dallas, Texas. This role partners closely with property and asset management teams to deliver accurate financial results, support budgeting efforts, and maintain strong controls across accounting processes. The ideal candidate brings solid real estate accounting experience, sound judgment, and the ability to manage deadlines in a detail-focused environment.

Responsibilities:
• Direct the monthly, quarterly, and year-end close cycle for assigned properties, ensuring timely and accurate completion of all accounting activities.
• Produce and evaluate financial reports, including the balance sheet, income statement, and cash flow statements, and investigate notable fluctuations in results.
• Reconcile general ledger accounts, verify supporting documentation, and maintain the integrity of accounting records across the portfolio.
• Partner with asset management and property management stakeholders to reflect operating performance accurately and resolve accounting issues affecting property results.
• Examine lease documentation and confirm the accuracy of rent schedules, tenant charges, and related reconciliations tied to property activity.
• Record and review accruals, fixed asset activity, and depreciation entries at the property level to support complete and reliable reporting.
• Contribute to annual budgeting and periodic forecast updates by compiling financial inputs, comparing actuals to plan, and identifying needed adjustments.
• Monitor bank transactions, complete cash reconciliations, and assist with cash flow planning and funding requests for operating and capital needs.
• Support compliance, audit, and lender reporting requirements by preparing schedules, maintaining documentation, and following established accounting policies and controls.• Bachelor’s degree in Accounting, Finance, or a related discipline; CPA designation or progress toward certification is preferred.
• At least 5 years of progressive accounting experience, including 3 or more years focused on property accounting or real estate accounting.
• Strong understanding of U.S. GAAP and core real estate accounting concepts, including accruals, tenant-related costs, and fixed asset activity.
• Hands-on experience with Yardi or a similar property accounting or property management platform.
• Advanced proficiency in Excel, with the ability to analyze data, build schedules, and support reporting needs.
• Demonstrated knowledge of month-end close processes, general ledger management, and account reconciliation practices.
• Strong communication and interpersonal skills, with the ability to work effectively across accounting, asset management, and property management teams.