Property Accountant
$82,000 - 125,000 annually
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Posted 4 days ago
SENIORITY
Senior
SALARY
$82,000 - 125,000 annually
About the role
- Oversee day-to-day accounting for real estate development projects, from initial setup through completion
- Track project expenditures, construction costs, capital improvements, budgets, and financial commitments
- Maintain accurate accounting records for contracts, subcontractor payments, purchase orders, change orders, and retainage
- Prepare lender draw requests, supporting financial schedules, and project reconciliations
- Partner with project managers to monitor budgets, evaluate variances, and update cost forecasts
- Support property accounting activities, including general ledger maintenance, receivables, rent rolls, and related financial transactions
- Assist with monthly and quarterly close, including journal entries, accruals, and balance sheet reconciliations
- Prepare project-level financial statements, investor reports, and lender compliance documentation
- Monitor cash requirements, project funding schedules, and potential financial risks
- Coordinate with development, construction, accounting, and treasury teams to ensure accurate and timely financial reporting
- Assist with audit documentation, project closeout, and tax-related cost schedules
- Project accounting records are accurate, organized, and consistently maintained
- Development leadership receives timely, reliable information on budgets, expenditures, and financial performance
- Lender draw packages, reconciliations, and reporting are completed accurately and on schedule
- Potential budget overruns and financial discrepancies are identified and communicated proactively
- Development and accounting teams have dependable financial support throughout the project lifecycle
- Required Qualifications
- At least 3 years of relevant real estate accounting experience, ideally within development or property accounting, with flexibility for candidates bringing meaningful related experience
- Currently have experience with real estate accounting activities such as property financial transactions, capital expenditures, contracts, or project costs
- Currently have experience with general ledger accounting, accounts receivable, and financial reconciliations
- Bachelor's degree in Accounting, Finance, or a related field
- Strong organizational skills, attention to detail, and the ability to manage competing deadlines
- Effective communication skills and the ability to collaborate with accounting and operational teams
- Proficiency in Microsoft Excel
- Experience with RealPage, Yardi, or comparable real estate accounting software
- Exposure to construction accounting, development budgets, lender draws, and subcontractor payment processes
- Familiarity with rent rolls, capital expenditures, and property accounting operations
- Advanced Excel skills or Excel certificationMBA or additional relevant accounting education
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A number in mind
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Your notice period
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Once you apply, someone reads it and calls you before anything reaches the employer — usually within two working days.
