Senior Property Accountant

Cherry Bekaert Recruiting is currently seeking a highly skilled and experienced Senior Property Accountant. As a Senior Property Accountant, you will be responsible for overseeing the financial aspects of our property portfolio, ensuring accuracy, compliance, and efficiency in all accounting processes.

Responsibilities:

• Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements for assigned properties, ensuring accuracy and compliance with accounting standards.
• Budgeting and Forecasting: Collaborate with property managers to develop property budgets and forecasts. Monitor financial performance against budgets and provide variance analysis reports.
• Accounts Receivable/Payable: Manage accounts receivable and accounts payable processes for assigned properties, including rent invoicing, collections, vendor payments, and reconciliation.
• General Ledger Maintenance: Maintain and reconcile general ledger accounts, ensuring accuracy and completeness of financial data.
• Tax and Audit Support: Assist in the preparation of schedules and documentation for tax filings and audits. Work with external auditors and tax consultants as needed.
• Lease Administration: Review lease agreements and ensure accurate setup of lease terms in the accounting system. Calculate and process tenant rent escalations and other lease-related charges.
• Compliance: Stay up to date with accounting regulations and standards. Ensure compliance with GAAP and other relevant accounting guidelines.

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 7 of experience in property accounting or real estate finance.
• Proficiency in real estate accounting software (Yardi, MRI, etc.).
• Strong knowledge of GAAP and lease accounting standards.
• Excellent analytical and problem-solving skills.
• Detail-oriented with a high level of accuracy in work.
• Strong communication and interpersonal skills.
• Ability to work independently and collaboratively in a team environment.

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