Property Accountant

4 days ago

Fort Lauderdale, Florida, United States LHH Recruitment Solutions Full time
Job Summary

We are seeking a highly skilled Property Accountant to join our team at LHH Recruitment Solutions. As a key member of our commercial real estate team, you will be responsible for preparing and maintaining monthly, quarterly, and annual financial statements for a portfolio of commercial real estate properties.

Key Responsibilities:

  • Manage the general ledger, including journal entries, reconciliations, and financial statement preparation.
  • Oversee accounts payable and accounts receivable functions related to property management, ensuring timely payment of vendors and accurate tenant billing.
  • Conduct Common Area Maintenance (CAM) reconciliations, ensuring proper expense allocation and tenant billing adjustments.
  • Prepare and review property budgets and provide variance analysis to property managers and senior leadership.
  • Collaborate with property managers and leasing teams to ensure accurate financial reporting and compliance with lease agreements.
  • Reconcile bank accounts and tenant ledgers on a regular basis to ensure accuracy in cash management and tenant billings.
  • Assist with the month-end and year-end close processes, ensuring all financial transactions are accurately recorded.
  • Prepare and provide supporting documentation for audits, tax filings, and other regulatory requirements.
  • Maintain accurate and organized accounting records for each property in accordance with company policies and industry standards.
  • Work closely with senior management to provide financial insights and recommendations to improve profitability and operational efficiency.

Requirements:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • 5+ years of accounting experience, with a focus on commercial real estate.
  • Strong knowledge of GAAP and commercial property accounting principles.
  • Proficiency in property management accounting software (e.g., Yardi, MRI, or similar) and Microsoft Excel.
  • Experience with CAM reconciliations and tenant billings is required.
  • Excellent analytical, problem-solving, and organizational skills.
  • Strong attention to detail and ability to meet deadlines in a fast-paced environment.
  • Effective communication skills, with the ability to collaborate with property managers, senior leadership, and external stakeholders.

Pay Details: $90,000.00 to $100,000.00 per year

Equal Opportunity Employer: LHH Recruitment Solutions is an equal opportunity employer and welcomes applications from diverse candidates.

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