Job Description
Job Description
Robert Half is partnering with a well established commercial real estate company that is looking to add a Property Accountant to the team. In this role, you will play a pivotal part in managing financial operations for various properties, ensuring accuracy in reporting and compliance with lease agreements. The ideal candidate will excel in budgeting, real estate accounting, and financial reporting. This is an in the office position in Sacramento. For more information, please call Lisa Cole at 916-649-0832.
Responsibilities:
• Collaborate with property management teams to prepare and consolidate annual budgets and forecasts, ensuring alignment with operating expense inputs.
• Monitor expense timing and assess the financial impact of capital projects, providing thorough variance analysis to support performance goals.
• Prepare reconciliations for property taxes, insurance, and tenant recoveries while reviewing lease compliance and expense recoverability.
• Address tenant disputes by compiling detailed backup documentation and supporting property managers in resolution efforts.
• Verify lease abstracts and oversee billing setups, ensuring accurate application of recovery structures, escalations, and lease terms.
• Confirm rent escalations for state leases, maintaining tracking schedules and ensuring compliance with government lease requirements.
• Assist with month-end and year-end financial close processes, including preparation of journal entries, accruals, and property-level financial statements.
• Support internal and external audits by maintaining reconciliation workpapers and providing necessary documentation.
• Contribute to system improvements and reporting enhancements to streamline accounting processes.
Qualifications:
• Bachelor's degree in accounting or related field required
• Strong knowledge of property accounting principles and practices.
• Proficiency in accounting software such as Yardi and MRI.
• Experience with month-end close processes and accrual accounting.
• Familiarity with general ledger management and financial statement preparation.