Senior Property Accountant
1 month ago
Robert Half is partnering with a dynamic organization looking for their next Senior Property Accountant. In this role you will take ownership of key property accounting functions and help shape the financial success of their portfolio. If you’re detail-oriented, love solving complex problems, and thrive in a collaborative environment, this role offers the opportunity to make an impact while working with a dynamic team.
Key Responsibilities:
- Lead the monthly rent process, ensuring accuracy in rental income and prompt resolution of discrepancies
- Perform bank reconciliations, ensuring all transactions are recorded accurately
- Reconcile Common Area Maintenance (CAM) charges, tenant expenses, and operating costs
- Address tenant inquiries and work closely with property management and accounts receivable to resolve issues promptly
- Monitor and reconcile prepaid rent and percentage rent postings
- Manage the property tax process, overseeing accruals, payments, and tenant tax reconciliations
- Collaborate with tax professionals, tenants, and property managers to ensure efficient tax management
- Review and verify tax payment reports for accuracy and compliance
- Maintain and update key financial schedules, including the Foregone Lease Cost schedule
- Review quarterly transactions and ensure accurate recording and reporting
- Prepare general ledger entries and quarterly reports for tenant revenue and expenses
- Conduct quarterly reconciliations to ensure compliance with accounting standards
- Oversee quarterly payments related to operations, ensuring timely and accurate processing
- Draft memos related to lease acquisitions, modifications, and dispositions
- Perform in-depth financial analysis on tenant rent collections, base rent percentages, and deferral agreements
- Prepare and present detailed collections reports, ensuring timely follow-up on outstanding payments
Collaboration and Communication:
- Work alongside teams in Acquisition, Property Management, Asset Management, and Legal to enhance our financial operations
- Communicate effectively with both internal teams and external stakeholders
What We're Looking For:
- Bachelor’s degree in Accounting, Finance, or related field
- 4-6 years of experience in property accounting
- Strong understanding of GAAP and lease accounting standards
- Proficient in accounting software and Microsoft Excel
- Detail-oriented, with excellent analytical and problem-solving skills
- A team player with strong communication and interpersonal skills
- Experience with publicly traded companies, REITs, or the real estate industry is a plus
- Familiarity with internal controls and SOX requirements is preferred
- Experience with property management software
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