Senior Property Accountant

Overview

Handle property accounting, reporting, reconciliations, and support acquisitions.

Key Responsibilities

• property setup
• tenant auditing
• closing entries
• monthly reporting
• bank reconciliation
• invoice processing

Tasks

-Setup and input new properties, rent rolls, leases, and GL chart of accounts for new acquisitions, prepare post-closing entries for new acquisitions and dispositions, and maintain and manage utility sub-meter system (Emon). -Manage, analyze, and audit tenant accounts to ensure they are billed correctly each month, for all rental and additional charges per their lease, and investigate and resolve all discrepancies. -Responds to and resolves issues and requests of vendors, asset and/or property managers, and lenders and follows standard policies and procedures to ensure internal and external reporting requirements are met. -Prepare opening and closing entries for new acquisitions and dispositions and help coordinate financial information for new properties. -Complete monthly reporting packages within established deadlines and as required by external investors. -Set up depreciation, amortization, personal property schedules, and straight-line rent schedules. -Assist in the development of the annual business plan and operating budget for each property in conjunction with the respective asset and/or property manager and participate and coordinate the transfer of the title from the development entity to the ownership entity. -Assist with acquisitions and dispositions of properties within assigned portfolio and frequent communication and interaction with property management or asset management team. -Reconciles all bank accounts associated with each property in assigned portfolio and reconciles all balance sheets monthly. -Assist on miscellaneous tasks, ad hoc, and special projects as needed. -Prepare processes and procedures for accounting department to include process manuals for software and procedures for miscellaneous accounting tasks, and assist with review of Property Accountant lease entry. -Prepare portfolio-wide entries including debt, depreciation, etc. and reviews portfolios for consistency with financials. -Audit and ensure accuracy of rent roll and lease abstracts for assigned portfolio and maintain job cost on capital expenditures and tenant improvements. Reconciles tenant improvement allowances. -Prepares monthly property management fee calculations based on property management agreements and prepares tenant operating and real estate tax escalations, including annual true-ups and expense reconciliations (i.e. CAM reconciliations). -Perform daily cash receipt deposits to tenant ledgers as received to property cash accounts and process bi-weekly invoice approval and check runs to make timely payments on vendor accounts.

Requirements

• bachelors
• timberline
• mri
• yardi
• property accounting
• time management

What You Bring

-Proactivity, multi-tasking, and time management skills -Bachelors Degree in Accounting or Finance - Required -1+ years Timberline, MRI, or Yardi experience -5+ years commercial property accounting experience - Required

People Also Searched For

Benefits

-Compensation: $90,000-$95,000/year -Eligible for discretionary benefits: performance bonus target -Eligible for standard employee benefits: Medical, Dental, Vision, 401k, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits

About Nexcore Group

-Specializes in healthcare facilities, life-science lab space, and senior living projects across the U.S. -Frequently leads complex, large-scale deals—including $100 million+ acquisitions and custom lab builds. -Operates a data-driven site-selection and development approach guided by demographic and market analysis. -Expanded its footprint with regional offices from Chicago to Bethesda to Portland and beyond. -Built standout life-science projects like the HATCHspaces® lab campus, repurposing historic structures. -Combines in-house leasing, asset management, and design talents to offer end-to-end real estate solutions.

Sector Specialisms