About the role
Description
We are seeking a detail-oriented, motivated Entry Level Property Accountant to join our real estate development accounting team. This role is ideal for a recent accounting graduate or early-career professional looking to build a strong foundation in real estate and property-level accounting. You will support the month-end close process, general ledger reconciliations, and financial reporting for a portfolio of assigned properties, working closely with senior accountants and property management teams.
Requirements
Ensure monthly books are closed accurately and on a timely basis for all assigned properties, in accordance with established close calendars and deadlines
Prepare and post journal entries, including accruals, prepaids, and recurring entries, in support of the monthly close process
Complete monthly, quarterly, and annual general ledger account reconciliations for assigned properties
Responsible for the accounts payable process, ensuring accurate and timely completion of weekly check runs while addressing internal invoice-related inquiries
Investigate and explain variances between actual results, budgets, and prior periods, providing clear written commentary to management
Review and reconcile bank statements, intercompany accounts, and balance sheet accounts
Assist in the preparation of monthly financial statements and supporting schedules for property owners, investors, and management
Maintain accurate and organized supporting documentation for all journal entries and reconciliations to support internal controls and audit requirements
Collaborate with property management, leasing, and asset management teams to obtain and verify financial data in addition to managing the quarterly Capital Expenditures (CAPEX)/Construction in Process (CIP) reporting process
Assist with cash management functions, including monitoring property bank balances and funding requests
Support annual budget and forecast preparation as needed
Respond to ad hoc requests from Senior Accountants and/or Controller
Identify process improvement opportunities to increase efficiency and accuracy of the close process
Qualifications
Bachelor’s degree in Accounting, Finance, or relative experience
1–3 years of accounting experience handling functions including month end close, posting journal entries, and reconciliation; internship or coursework in real estate/property accounting a plus
Basic understanding of GAAP and general ledger accounting principles
Strong analytical skills with the ability to identify and research variances
High attention to detail and strong organizational skills
Excellent computer skills including proficiency in Microsoft Excel (pivot tables, lookups, basic formulas), Microsoft Word, and Outlook
Experience with accounting or property management software (e.g., Yardi, MRI, AppFolio) is a preferred, but not required
Strong written and verbal communication skills
Ability to manage multiple deadlines and prioritize tasks in a fast-paced environment
Team-oriented with a willingness to learn and take direction