Job Description

The Commercial Property Accountant will be responsible for full-cycle accounting for an assigned portfolio of commercial properties, including office, retail, and/or industrial assets. This role will manage month-end close, CAM reconciliations, tenant billings, and financial reporting, while partnering closely with property management teams to ensure accurate and timely financial results.

Key Responsibilities

• Manage full-cycle accounting for an assigned portfolio of commercial properties, including office, retail, and/or industrial assets
• Prepare monthly and annual financial statements, including supporting schedules and variance analysis
• Perform month-end and year-end close activities, including journal entries, accruals, and prepaids
• Prepare and process CAM (common area maintenance) reconciliations, ensuring accurate billing of operating expenses and tenant recoveries
• Manage tenant billing, including base rent, percentage rent, escalations, and recovery charges
• Perform balance sheet reconciliations, fixed asset accounting, and depreciation schedules
• Manage accounts payable and cash management functions for assigned properties
• Reconcile mortgage and loan schedules, including debt service and covenant compliance tracking
• Prepare budget-to-actual variance reports and assist with annual property budgets
• Collaborate with property managers, asset managers, and leasing teams to ensure accurate financial reporting and lease administration
• Support internal and external audit requests, preparing schedules and documentation as needed
• Ensure compliance with lease agreements, GAAP, and company accounting policies
• Assist with special projects, including property acquisitions, dispositions, and system implementations

Qualifications

• Bachelor's degree in Accounting or Finance required
• 2-4+ years of property accounting experience, preferably in commercial real estate
• Experience with CAM reconciliations and tenant billing required
• Proficiency in property management/accounting software (Yardi Voyager, MRI, or similar) strongly preferred
• Strong knowledge of GAAP and real estate accounting principles
• Advanced Microsoft Excel skills (pivot tables, VLOOKUP/XLOOKUP, SUMIFS)
• Strong analytical, organizational, and communication skills
• Ability to manage multiple properties and deadlines in a fast-paced environment

Preferred Attributes

• Experience with lease administration and lease abstraction
• Familiarity with debt covenant compliance and lender reporting
• Experience supporting property acquisitions or dispositions
• CPA or progress toward CPA a plus