Property Accountant

Overview

Job Summary: responsible for supporting the company’s real estate operations through accurate property accounting, financial reporting, and day-to-day operational finance tasks. This role manages the accounting cycle for a multi-property commercial portfolio, including rent roll maintenance, tenant ledger updates, AP/AR processing, and CAM reconciliations.

• This position relies heavily on Yardi to ensure timely and reliable financial data, assist with lease analysis and compliance, and support cash flow monitoring across the portfolio.
• The ideal candidate has strong real estate accounting experience, excellent attention to detail, desire to learn and the ability to work independently in a fast-paced environment.
• Key Responsibilities:
  
  Real Estate Property Accounting Support – Maintain accurate property-level financials in Yardi, including rent rolls, tenant ledgers, and chart of accounts.
• Process and record all AP/AR transactions, including monitor delinquency, post tenant payments, and manage deposit applications ensuring proper coding and timely payment/collection.
• Prepare and post journal entries as needed.
• Perform CAM and other tenant recovery reconciliations, including billing and adjustments within Yardi
  -Enter and track lease charges, escalations, abatements, and renewals in accordance with lease terms in coordination with the Property Manager;
  Generate monthly owner/management reports and financial statements directly from Yardi.
• Monitor delinquency, post tenant payments, and manage deposit applications.
• Audit Yardi data for accuracy, completeness, and compliance with internal accounting policies;
  Assist with system enhancements, report configurations, and troubleshooting Yardi-related issues;
  Coordinate with Property Manager to ensure alignment between operational activity and accounting records Process Improvement & Systems.
• Implement and optimize financial systems and reporting tools.
• Drive improvements in reporting accuracy, timeliness, and transparency.
• Ensure finance-related processes scale efficiently with company growth