Property Accountant
1 month ago
2 days ago Be among the first 25 applicants
Commercial Property Accountant
Our Client is searching for a detail-oriented and analytical Commercial Property Accountant to join their team. The Commercial Property Accountant will be responsible for managing and maintaining accurate lease accounting records, ensuring compliance with tenant agreements, and supporting the overall financial reporting process. A successful candidate possesses strong accounting skills, a deep understanding of real estate accounting principles, and exceptional organizational abilities.
Commercial Property Accountant
Our Client is searching for a detail-oriented and analytical Commercial Property Accountant to join their team. The Commercial Property Accountant will be responsible for managing and maintaining accurate lease accounting records, ensuring compliance with tenant agreements, and supporting the overall financial reporting process. A successful candidate possesses strong accounting skills, a deep understanding of real estate accounting principles, and exceptional organizational abilities. Your success will be defined by your ability to- Review lease documents, enter and maintain lease information into our systems, as well as ensuring accurate and timely recording of tenant lease transactions.
- Collaborate with Leasing and Property Management to obtain necessary lease information, resolve discrepancies, and validate data accuracy.
- Collaborate with Property Management to prepare year end CAM reconciliations, as well as an annual property budget
- Monitor budget performance, including interim review of estimated CAM reconciliations, and provide variance analysis for revenue accounts, also making necessary adjustments as required.
- Assist in the preparation of financial forecasts and projections to support decision-making
- Participate in budget reviews and meetings, providing financial insights and recommendations
- Monitor critical lease events such as renewals, terminations, and modifications, and adjust tenant records in the system accordingly
- Generate financial analyses and insights related to lease activity, cash flows, and variances to forecast
- Assist with audits and provide necessary documentation and explanations related to lease accounting.
- Bachelor’s Degree in Accounting, Finance, or a related field
- A minimum of 5 years of progressive experience in the commercial real estate industry
- Proficiency in using property management software and financial management tools.
- Ability to work independently, manage deadlines, and prioritize tasks in a fast-paced environment.
- Seniority level Entry level
- Employment type Full-time
- Job function Accounting/Auditing and Finance
- Industries Staffing and Recruiting
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