Job Description
Job Description
We are looking for a detail-oriented Property Accountant to support the financial operations of a commercial real estate portfolio in Germantown, Maryland. This role works closely with property management and accounting leadership to deliver accurate reporting, maintain reliable records, and provide insight into property performance. The ideal candidate brings a strong foundation in accounting, experience with property-level financial activity, and the ability to manage multiple priorities in a deadline-driven environment.
Responsibilities:
• Prepare and deliver monthly financial statements and related reports to owners, property managers, and other stakeholders, ensuring information is timely and accurate.
• Analyze property results, investigate budget-to-actual differences, and communicate financial trends and recommendations to support operating decisions.
• Partner with accounting leadership and property teams to assist with investor, owner, partner, and lender reporting requirements throughout the year.
• Support the annual budgeting process and periodic forecasting by coordinating with property managers and updating assumptions based on operational performance.
• Record journal entries, maintain general ledger accuracy, and complete account reconciliations as part of the month-end close process.
• Track property expenses, apply appropriate coding and allocations, and contribute to reporting that supports cost management efforts.
• Maintain lease information in Yardi, review lease documents for accuracy, and assist with annual adjustment billings and related lease accounting activities.
• Review invoices for proper coding, process payments on schedule, and help monitor property tax activity and other recurring financial obligations.
• Conduct peer reviews of budgets and property reports while preparing recurring financial packages for property management and external stakeholders.
The ideal candidate for this Property Accountant role will have a BS in Accounting (preferably a CPA), 2+ years of commercial real estate property accounting that includes lease administration, CAM recs, GL and recs, Yardi accounting software and someone who embraces innovation. Great work/life balance. This role is in the office in Germantown, MD 4 days a week and the comp range is 75-110K + bonus and full benefits. To apply to this Property Accountant role please do so through this posting or reach out to Caren Bromberg Bach on LinkedIn or call Caren Bach at 301.965.9035.
• Bachelor’s degree in Accounting, Finance, or a related field is required.
• At least 2 years of experience in property accounting, real estate accounting, or a closely related accounting role.
• Working knowledge of financial reporting, general ledger activity, reconciliations, and month-end close procedures.
• Experience with budgeting, forecasting, variance analysis, and financial statement preparation.
• Proficiency with Yardi and strong skills in Microsoft Office applications, especially Excel.
• MUST know how to review lease-related financial information, track expenses accurately, and manage multiple deadlines with close attention to detail.
• Strong written and verbal communication skills with the ability to collaborate effectively across accounting and property management teams.
• Familiarity with commercial real estate accounting practices, CAM reconciliation, and property tax processes is preferred.