Property Accountant
NorthPoint Search Group Inc
Property Accountant - Metro Atlanta Job Summary:
The Property Accountant is responsible for the full lifecycle of property-related accounting, including leases, capital expenditures, tenant improvements, and reconciliations. This role partners closely with the Real Estate team, oversees expense allocations, supports budgeting and forecasting, and ensures compliance with ASC 842 and GAAP standards. The position requires analytical rigor, strong organizational skills, and the ability to collaborate across departments. Key Responsibilities:
The Property Accountant is responsible for the full lifecycle of property-related accounting, including leases, capital expenditures, tenant improvements, and reconciliations. This role partners closely with the Real Estate team, oversees expense allocations, supports budgeting and forecasting, and ensures compliance with ASC 842 and GAAP standards. The position requires analytical rigor, strong organizational skills, and the ability to collaborate across departments. Key Responsibilities:
- Maintain and reconcile general ledger accounts for rent, CAM, taxes, and utilities
- Record monthly rent payments and manage tenant improvements, capital expenditures, and property-related assets/liabilities
- Reconcile security deposits, landlord statements, and lease escalations
- Prepare monthly, quarterly, and annual property financial statements and variance analyses
- Support budgeting and forecasting for real estate costs across multiple locations
- Produce ad hoc analyses for relocations, expansions, or lease renegotiations
- Review leases and amendments for proper accounting treatment
- Allocate real estate costs to departments, practice groups, or cost centers
- 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, maintaining supporting documentation
- Develop and maintain internal controls over property accounting
- Ensure compliance with GAAP and firm policies
- Bachelor's degree in Accounting
- 3-5 years of property or lease accounting experience
- Strong understanding of GAAP and ASC 842 lease accounting standards
- Experience with accounting systems (e.g., Aderant or similar) and Excel
- High attention to detail and accuracy
- Strong analytical, problem-solving, and organizational skills
- Ability to manage multiple priorities and meet deadlines
- Experience in professional services or law firm environment preferred
- Familiarity with multi-office, multi-state lease portfolios
- Professionalism and confidentiality when handling sensitive financial information
- Competitive salary
- Comprehensive medical, dental, and vision insurance
- HSA and FSA plans
- 401(k) with 3% employer contribution
- Paid maternity/paternity leave
- Paid time off and holiday programs
- Firm-paid life insurance and long-term disability
- Employee Assistance Program
- Year-end bonuses and referral fee programs
Vacancy posted 2 days ago
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