Property Accountant
Key Responsibilities
- Prepare and analyze property-level financial statements, identifying trends and fluctuations to support external reporting, operations management, and strategic planning.
- Investigate and explain significant variances compared to budgets and prior periods.
- Reconcile balance sheets, calculate accruals, post journal entries, review trial balances for accuracy, and ensure alignment with commercial management systems.
- Maintain rent rolls, update lease abstracts, and handle tenant billing, including credits, adjustments, and security deposit refunds.
- Address tenant and property manager inquiries regarding billing, monitor accounts receivable aging reports, address delinquencies, and analyze accounts receivable and payable transactions to resolve discrepancies and ensure proper coding.
- Process accounts payable invoices, distribute revenue charge summaries to property management teams, analyze revenue reimbursements versus expenses, and complete annual CAM reconciliations.
- Reconcile straight-line rent calculations, perform balance sheet tie-outs, and provide timely reporting on financial performance and metrics to stakeholders. Assist with special accounting and financial reporting projects as needed.
Education & Experience
- Bachelor’s degree required (Accounting preferred).
- 3+ years of property accounting or corporate accounting/financial reporting experience, (commercial real estate preferred).
- Strong understanding of accrual accounting, journal entries, and capitalization concepts.
- Proficiency in GAAP, real estate accounting, financial analysis, reporting, and accounting systems (MRI a plus).
- Advanced Microsoft Excel skills and adaptability to financial software
The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.
