Property Accountant - Hybrid
Who: An accounting professional with 2+ years of public accounting or commercial real estate experience.
What: Manage general ledgers, financial reporting, budgeting, forecasting, cash management, and audit support for a portfolio of properties.
When: Immediate full-time opportunity.
Where: Raleigh, NC.
Why: Join a leading real estate organization with a large, diverse portfolio and opportunities for growth.
Office Environment: Professional, collaborative, and fast-paced setting.
Salary: Commensurate with experience.
Position Overview:
The Property Accountant is responsible for providing accurate and timely reporting of the financial operations for an assigned portfolio of properties. This includes monthly and quarterly reporting, budget preparation, forecasting, and cash flow analysis while ensuring compliance with GAAP and internal controls.
Key Responsibilities:
Maintain general ledgers for assigned properties, including journal entries, accruals, true-ups, GAAP adjustments, and bank reconciliations.
Understand AP, AR, cash receipts, and lease administration functions and their impact on property financials.
Prepare monthly and quarterly reporting packages, including balance sheet analyses and variance explanations.
Review annual expense reconciliations and tenant billings.
Support interim and year-end audits, preparing working papers, schedules, and draft financial statements.
Assist with budgeting and forecasting, including revenue, expense, and capital components.
Prepare monthly cash forecasts.
Provide support for ad hoc requests and special projects.
Qualifications:
Bachelor’s degree in Accounting preferred; CPA a plus but not required.
2+ years of public accounting or commercial real estate accounting experience.
Strong knowledge of GAAP, specifically as it applies to real estate.
Familiarity with property management accounting, recoveries, budgeting, and forecasting.
Experience with MRI, Yardi, Skyline, JD Edwards, or CTI systems preferred.
Proficiency with Microsoft Excel and PC-based software.
Strong communication, organizational, and analytical skills.
Ability to manage multiple priorities and work independently.
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