Job Description
Job DescriptionAbout the Role
We are seeking a detail-oriented and proactive Property Accountant to join a growing Houston-based organization and support the accounting and financial reporting needs of a diverse real estate portfolio. This role will play a key part in ensuring accurate and timely financial reporting for multiple properties while partnering closely with Property Management, Finance, and external partners as the business continues to scale.
The Property Accountant will take ownership of core property-level accounting processes, contribute to process improvements and reporting efficiencies, and support leadership with financial insights across the portfolio. The ideal candidate brings a strong foundation in property accounting, excellent analytical skills, and thrives in a fast-paced, evolving environment.
Core Responsibilities
- Prepare and review monthly, quarterly, and annual financial statements for assigned properties in accordance with GAAP
- Record and review journal entries, accruals, and adjustments related to property operations
- Perform monthly bank reconciliations and balance sheet account reconciliations; investigate and resolve variances
- Manage CAM, operating expense, and real estate tax reconciliations in accordance with lease agreements
- Coordinate with Property Management on budgeting, forecasting, and variance analysis for assigned properties
- Support annual budgets and periodic reforecasts, including analysis of operating results versus budget
- Assist with lease accounting, including rent rolls, straight-line rent, escalations, recoveries, and lease abstracts
- Coordinate with external auditors and tax providers to support audits, reviews, and property-level compliance
- Maintain fixed asset schedules and depreciation related to property improvements and capital expenditures
- Prepare financial reporting packages and ad-hoc analysis for management and ownership
- Support acquisitions, dispositions, and property transitions, including opening and closing entries
- Contribute to the enhancement of accounting processes, controls, and documentation as the portfolio grows
- Identify opportunities for process improvement, automation, and increased efficiency within property accounting
- Collaborate cross-functionally with Property Management, Finance, Asset Management, and Operations
Required Qualifications
- Bachelor's degree in Accounting, Finance, or a related discipline
- 3-6+ years of relevant accounting experience, preferably within real estate or property accounting
- Strong understanding of GAAP and property-level financial reporting
- Experience preparing financial statements and reconciling balance sheet accounts
- Familiarity with CAM reconciliations, lease terms, and property operating expenses
- Advanced Excel skills; experience with property management or accounting systems such as Yardi, MRI, AppFolio, RealPage, or similar platforms preferred
- Strong analytical and organizational skills with high attention to detail
- Ability to manage multiple properties and competing deadlines in a fast-paced environment
- Strong communication skills and the ability to partner effectively with Property Management and leadership
Pay Details: $80,000.00 to $90,000.00 per year
Search managed by: Andre Roesmaladi
Equal Opportunity Employer/Veterans/Disabled
Military connected talent encouraged to apply
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The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:
- The California Fair Chance Act
- Los Angeles City Fair Chance Ordinance
- Los Angeles County Fair Chance Ordinance for Employers
- San Francisco Fair Chance Ordinance
Massachusetts Candidates Only: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.