LHH | Senior Property Accountant | houston, tx

4 weeks ago


houston, United States LHH Full time

Senior Property Accountant


LHH is seeking a Senior Project Accountant for a client in Central Houston. The Senior Project Accountant will play a crucial role in ensuring the financial integrity and compliance of our client projects. This senior-level position is ideal for an experienced professional with a deep understanding of accounting and a strong background in the real estate or construction industry. The successful candidate will collaborate closely with project managers and the finance team to maintain accurate financial records, oversee invoice processing, and ensure adherence to company and regulatory requirements.


Schedule: Onsite Monday – Friday


Responsibilities:

  • Prepare property reconciliations and budgets, including mid-year CAM reconciliations for vacating tenants.
  • Generate monthly and quarterly financial reports for properties.
  • Coordinate refunds or process collections on outstanding escrow, reconciliation, and direct pass-through amounts.
  • Audit and analyze ledgers for accuracy.
  • Verify correct coding of all bills.
  • Prepare necessary journal entries.
  • Create and maintain schedules for amortization, improvements, and escrows.
  • Review budgets and provide variance explanations.
  • Track payments for all capital expenditures.
  • Prepare operating expense invoices.
  • Follow up on insurance claim.
  • Fund operating accounts for contracted third-party managers.
  • Collaborate with acquisitions and legal teams to analyze and verify contracts and costs.
  • Coordinate with individuals to obtain necessary documents for smooth property turnover.
  • Review budgets and determine appropriate billing amounts.


Requirements:

  • Degree in Accounting or Finance required; CPA preferred.
  • Proficiency with Yardi or MRI
  • Experience with development draws is advantageous.
  • Understanding of construction finance agreements.
  • Experience in commercial real estate property accounting.
  • 3-5+ years of accounting experience.
  • Experience in accounting for development and operating properties.
  • Commercial office experience in traditional property management and development properties.


Compensation Starting: $90K



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