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Property Accounting Manager

Job in Palo Alto, Santa Clara County, California, 94306, USA
Listing for: Macdonald & Company
Full Time position
Listed on 2026-01-29
Job specializations:
  • Accounting
    Accounting Manager
Job Description & How to Apply Below

Macdonald & Company are proudly partnered with a well-established, privately held real estate developer and operator with a long-term, owner-operator mindset. The firm focuses on acquiring, developing, and managing high-quality commercial real estate assets and is known for its disciplined investment approach and hands-on operating philosophy. As the platform continues to grow, our client is expanding its internal property management and accounting infrastructure to support a growing and increasingly sophisticated portfolio.

About

the Role

The Property Accounting Manager will play a key role within the firm’s growing property management and accounting team. This individual will be responsible for the full-cycle accounting of a commercial real estate portfolio and will work closely with property management, asset management, and senior leadership. This role is ideal for a hands-on, detail-oriented accountant who thrives in an entrepreneurial environment and is motivated by the opportunity to grow alongside a high-quality real estate platform.

Key Responsibilities
  • Manage full-cycle accounting for a portfolio of commercial real estate assets, including office, retail, and/or mixed-use properties
  • Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP
  • Oversee accounts payable, accounts receivable, cash management, and general ledger activity
  • Review and reconcile bank accounts, balance sheet accounts, and tenant ledgers
  • Prepare monthly variance analyses and provide financial insights to property and asset management teams
  • Coordinate CAM reconciliations, tenant billings, and recoveries
  • Assist with annual budgets, forecasts, and reforecasts for assigned properties
  • Support year-end close processes and work with external auditors and tax advisors as needed
  • Ensure compliance with internal controls, accounting policies, and best practices
  • Contribute to the ongoing development and improvement of accounting processes and systems as the platform scales
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