Property Accountant

Commercial Retail Property Accountant

Houston, TX 77024

Conduct daily property accounting duties for assigned retail properties, including preparing financial reports, entering accrual journal entries in accordance with GAAP, reviewing operating statements and variance reports, payable review, performing reconciliations, and ensuring accuracy, consistency and adherence to policies and procedures. Utilize MRI accounting software to perform required tasks and work with property management to meet reporting deadlines, e.g., monthly operating reports, annual budgets, escalation settlements.

• Maintain tenant leases sub‑ledger in MRI Review (coding, approval) and post A/P invoices
• Verify and post tenant cash receipts
• Invoice miscellaneous charges and bill backs to tenants as needed
• Assist Property Manager and VP of Retail Assets with special projects and serve as a resource
• Generate recurring monthly charges for tenant leases
• Maintain the General Ledger for portfolio as assigned
• Reconcile balance sheet accounts
• Review monthly financial statements; book accruals as needed (utilities, security, AVTX expense)
• Assist with collections as needed
• Assist Property Manager with variance reporting
• Calculate and invoice percentage rent as needed
• Annually reconcile and invoice annual tenant recoveries
• Assist Retail Operations Team with annual budget preparation
• Provide annual audit support
• Other duties may be assigned

• Minimum 3‑5 years of experience in property accounting in retail property management
• Application of generally accepted accounting principles (GAAP)
• Knowledge of straight‑line rent and percentage rent
• Proficient in the use of personal computer and Microsoft applications
• Experience in real‑estate accounting software, preferably MRI
• Ability to handle multiple projects, changing priorities, time‑sensitive workloads
• Bachelor’s degree in accounting, finance, or related field preferred

Mid‑Senior level

Full‑time

Other