
Commercial Property Accountant
1 day ago
Property Accounting Specialist
About the Role:
We are seeking an experienced property accounting specialist to oversee a portfolio of commercial properties. The ideal candidate will have strong knowledge of accounting principles and practices, as well as excellent analytical and problem-solving skills.
Key Responsibilities:
- Manage overall property-level accounting including rent rolls, lease maintenance, cash management, financial reports, annual budgets, and quarterly budget re-projections.
- Review and analyze financial statements and reports to ensure accuracy and compliance with regulations.
- Collaborate with third-party property teams to ensure consistency and accuracy in accounting practices.
- Prepare unaudited financial reports and audited financial statements with footnotes.
Skill & Experience:
- 5-8 years of experience in property accounting, preferably in commercial real estate.
- Familiarity with fair value GAAP, tax accounting, TRS (Taxable REIT Subsidiaries), and IFRS.
- Proficiency in tenant recoveries (CAM) and understanding of waterfall calculations.
- Experience in year-end audits, loan compliance, and preparation of financial statements and footnotes.
- Ability to work independently, communicate effectively, and multitask in a fast-paced environment.
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