Property Accountant

Job Description

Job Description

Salary:

A Property Accountant is responsible for the day-to-day accounting of commercial real estate assets. This position is generally responsible for closing the books and records for approximately 10-12 properties and all ancillary accounting related to these assets.

Essential Duties:

Maintain the financial statements for a portfolio of assets

Monthly bank reconciliations

Monthly variance analysis

Weekly cash management which includes weekly check runs, tenant outreach on rent timing

Monthly partnership distribution/cash call analysis

Monthly meeting with property managers to discuss and report on property issues/financials

Quarterly Balance Sheet reconciliations

Quarterly review of capital expenditures within the property portfolio

Quarterly cash flow reforecast

Assist in annual property budgets

Assist in annual CAM Reconciliations for tenants within the property portfolio

Assist in annual tax returns/audits within the property portfolio

Assist in Ad hoc projects within accounting and property management

Requirements:

Bachelors Degree in Accounting or Finance

2-3 years of accounting experience, preferably in the Commercial Real Estate industry

Detail-oriented

Analytical

Strong verbal and written communication skills

Ability to work in a fast-paced environment and meet deadlines

Understanding of variance analysis when comparing actual to budget

Strong Microsoft computer skills

MRI experience is a plus

Ad Hoc projects as assigned

Additional Comments:

Typical portfolio size 13-17 low to medium tier assets, generally single-tenant NNN, land entities, vacant buildings

Some involvement in tax returns and audits, mainly file uploading/scanning.

Generally, a person with 1-4 years of experience in commercial real estate

Would not be a practice leader within the department

IRG Realty Advisors, LLC is an equal opportunity employer for employment without regard to their protected veteran or disabled status.