Job Description
Job DescriptionWe are looking for a Property Accountant to support a real estate investment and development organization in New York, New York. This contract-to-permanent opportunity is ideal for an accounting specialist who brings hands-on experience in commercial real estate and can manage both property-level financial activity and development-related accounting. The role is fully onsite and offers the chance to contribute across core accounting functions, tenant financial administration, and monthly reporting processes.
Responsibilities:
• Manage day-to-day accounting for commercial real estate assets, ensuring financial records remain accurate and up to date.
• Prepare and review tenant billings, lease-related charges, and supporting documentation for recurring and non-recurring items.
• Complete CAM and other reconciliation processes by analyzing balances, resolving discrepancies, and maintaining proper backup.
• Lead month-end close activities, including journal entries, accruals, account reconciliations, and general ledger review.
• Perform variance analysis on operating results and investigate notable fluctuations against budgets or prior periods.
• Support accounting activities tied to pre-development and construction projects, including cost tracking and financial reporting.
• Maintain property accounting data within Yardi, MRI, or similar systems to support reporting accuracy and operational efficiency.
• Partner with internal stakeholders to ensure lease terms, property expenses, and financial transactions are properly reflected in accounting records.• Experience in property accounting within commercial real estate environments.
• Proficiency with Yardi, MRI, or comparable property management and accounting software.
• Strong understanding of month-end close procedures, including journal entries, accrual accounting, and general ledger maintenance.
• Knowledge of tenant lease structures, billing processes, and reconciliation practices such as CAM settlements.
• Ability to analyze financial variances and identify the drivers behind changes in property performance.
• Familiarity with accounting support for pre-development or construction-related projects.
• Strong attention to detail and the ability to manage multiple priorities in a fully onsite setting.