High-Value Property Financial Specialist
5 days ago
We are a growing commercial real estate firm in The Woodlands, Texas, seeking an experienced Property Accountant to manage our financial portfolio.
Key Responsibilities:
- Financial Management: Oversee the accounting for multiple commercial properties, including general ledger entries, accounts payable/receivable, and tenant billing.
- Financial Reporting: Prepare monthly financial statements, ensuring accurate income, expense, and property performance metrics reporting.
- Lease Administration: Track lease agreements, ensuring accurate rent, CAM (Common Area Maintenance), and other reimbursable charges billing.
- Reconciliation: Perform monthly bank account, tenant deposit, and balance sheet account reconciliations.
- Budgeting & Forecasting: Assist with annual property budget preparation and forecasts, ensuring accurate financial projections.
- Variance Analysis: Provide detailed variance analysis between actual and budgeted financials, highlighting performance insights and cost-saving opportunities.
- Tax Compliance: Support property tax filings and regulatory compliance activities as needed.
- Audit Support: Assist in preparing materials for internal and external audits, providing documentation and explanations as required.
Requirements:
- Experience: At least 2-3 years of accounting experience in commercial real estate or property management accounting.
- Education: Bachelor's degree in Accounting, Finance, or a related field.
- Knowledge: Strong understanding of accounting principles, real estate financials, and property accounting software (Yardi, MRI, or similar).
- Attention to Detail: High level of accuracy and attention to detail in all accounting aspects.
- Analytical Skills: Strong analytical abilities to identify issues, provide solutions, and improve processes.
- Communication: Excellent written and verbal communication skills, with ability to interact effectively with teams and partners.
- Time Management: Ability to manage multiple priorities, meet deadlines, and work under pressure in a fast-paced environment.
- Proactivity: Self-motivated, with strong desire to contribute to team success and improve operations.
Compensation:
- The estimated salary for this position is approximately $90,000 per year, based on industry standards and market conditions.
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