Property Accountant (Real estate Industry)

Mohr Talent • Perth Amboy, NJ

419d • $90,000 - $115,000

About The Position

The Property Accountant is responsible for managing the financial operations of a real estate portfolio, focusing on financial reporting, budgeting, and variance analysis. This role demands high accuracy and attention to detail while working in a fast-paced environment. The Property Accountant collaborates with property managers and team members to ensure financial information is accurate and compliant with company standards.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• CPA or equivalent certification preferred but not required.
• 2+ years of accounting experience, preferably within real estate or property management.
• Familiarity with property accounting software (e.g., Yardi, MRI, or RealPage) is highly desirable.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements for each property.
• Perform month-end and year-end closings, including journal entries, accruals, and account reconciliations.
• Analyze and explain financial variances and trends.
• Process invoices, review tenant billings, and monitor collections.
• Maintain accurate records of tenant lease agreements and billing schedules.
• Ensure timely payment of property expenses and accurate recording of receipts.
• Assist in preparing property budgets and reforecasts, including analysis of past trends and future expectations.
• Collaborate with property management to develop annual operating budgets and capital expenditure forecasts.
• Reconcile bank accounts and monitor daily cash balances.
• Track and manage cash flow to ensure sufficient funds are available for property operations and obligations.
• Review lease agreements and amendments to ensure compliance with terms.
• Assist with lease audits and implement adjustments as needed.
• Prepare supporting documents for internal and external audits.
• Provide information and assistance to tax preparers for property-related tax filings.
• Continuously seek process improvements for efficiency and accuracy.
• Participate in special projects as assigned by management.

Benefits

• Competitive salary ranging from $90,000 to $115,000 per year.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree