Property Accountant

A property management firm is seeking a Property Accountant to oversee lease accounting, tenant billing, commercial lease collections, and property-level financial reporting for a commercial property portfolio. This role manages tenant lease setup, rent and recurring charge billing, utility billbacks, CAM and operating expense reconciliations, daily cash receipts, security deposit reconciliations, tenant account follow-up, and lease-related reporting. This position reports directly to the CFO.

What You'll Do

• Review commercial lease agreements and lease abstracts; set up and maintain tenant leases in the accounting system with accurate rent schedules, escalations, CAM charges, concessions, and billing details
• Monitor rent roll for renewals, expirations, and escalations, updating accounting records as tenants renew, expand, downsize, or terminate early
• Process monthly rent charges, escalation clauses, utility billings, and tenant invoices; distribute monthly tenant statements and resolve tenant follow-up questions
• Coordinate utility billback activity with outsourced billing agents, reviewing tenant bills before posting and maintaining accurate tenant ledger activity
• Calculate and reconcile annual CAM, insurance, and property tax recoveries for commercial tenants; automate CAM reconciliation calculation and billing in Yardi Voyager
• Account for lease incentives and improvements, including tenant improvement allowances, free rent periods, and landlord-funded buildouts
• Post journal entries for straight-line rent in accordance with ASC 842, expense accruals, and amortization schedules, ensuring general ledger accuracy
• Prepare and review property-level financial reporting schedules, tenant receivable analyses, rent roll support, deferred rent and incentive schedules, security deposit reconciliations, and month-end close support
• Research variances and provide reporting support to the CFO and management team
• Monitor tenant accounts receivable aging, follow up on past-due balances, work with legal on collection notices, and coordinate with property management, legal counsel, and leadership on escalated delinquency matters

What We're Looking For

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• 5+ years of progressive accounting experience, preferably in property management, commercial real estate, or lease accounting
• Demonstrated experience managing tenant billing, reconciliations, cash receipts, and property-level accounting processes
• Experience with lease accounting, tenant billing, and CAM reconciliations preferred
• Strong analytical skills, accuracy, and attention to detail
• Experience with property management or accounting software, preferably Yardi
• Excellent communication skills, with the ability to work effectively with internal teams, tenants, vendors, and outsourced billing partners
• Ability to prioritize and manage multiple deadlines across a portfolio of properties