Sr. Property Accountant (Real Estate)
$80k - $100kJobot
Sr. Property Accountant (Real Estate)
$80,000 - $100,000
Cleveland, OH
Take Ownership of a Diverse Commercial Real Estate Portfolio
Expand your expertise in property accounting, financial analysis, budgeting, and asset performance.
Our client is a leading commercial real estate advisory and management organization with a substantial, diversified portfolio spanning markets across the United States. The organization specializes in complex real estate assets and provides integrated solutions throughout the investment lifecycle. With a strong focus on innovation, community improvement, and exceeding client expectations, they offer an environment where motivated professionals can develop their expertise while contributing to sophisticated real estate projects.
Why Join Us?
- Gain hands-on responsibility for a diverse portfolio of commercial real estate assets.
- Expand your expertise across financial reporting, forecasting, budgeting, CAM reconciliations, and asset-level analysis.
- Collaborate directly with property management and other real estate professionals in a fast-paced, team-oriented environment.
- Build your career with an organization that values professional development, innovation, and exceptional client results.
Job Details
Our client is seeking a Senior Property Accountant to oversee the day-to-day accounting activities for a portfolio of commercial real estate assets. This role is responsible for maintaining accurate financial records, analyzing property performance, managing cash activity, and supporting key reporting requirements. The assigned portfolio may vary based on property complexity, transaction volume, and business needs. Essential Duties
- Maintain accurate financial statements for an assigned portfolio of commercial real estate assets.
- Prepare monthly bank reconciliations and variance analyses.
- Manage weekly cash activities, including check runs and tenant communication regarding rent timing.
- Perform monthly partnership distribution and cash call analyses.
- Partner with property managers to review property financials, performance, and outstanding issues.
- Complete quarterly balance sheet reconciliations.
- Review capital expenditures across the assigned property portfolio.
- Prepare quarterly cash flow forecasts.
- Assist with annual property budgeting.
- Support annual CAM reconciliations for tenants.
- Assist with annual tax return preparation and audit requirements.
- Contribute to ad hoc accounting and property management projects as needed.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field.
- 37 years of accounting experience, preferably within commercial real estate.
- Strong analytical skills and attention to detail.
- Excellent written and verbal communication skills.
- Ability to manage competing priorities, meet deadlines, and succeed in a fast-paced environment.
- Strong understanding of actual-to-budget variance analysis.
- Proficiency with Microsoft Outlook, Word, Excel, and PowerPoint.
- Experience with MRI or similar property accounting software is a plus.
Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws.
Jobot$90k
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