Property Accountant Job at Professional Alternatives, Houston, TX

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  • Professional Alternatives
  • Houston, TX

Job Description

Job ID#: 38902

Property Accountant (Commercial Real Estate experience required)

Direct Hire; up to 80K + bonus

North Houston, fully in-office

***Amazing company culture & team, lots of growth opportunities!

Duties:

  • Manage day-to-day accounting functions for a portfolio of commercial real estate assets, ensuring accurate financial reporting, efficient cash management, and timely analysis of property performance
  • Work closely with accounting leadership, property management, leasing, and asset management
  • Record and reconcile tenant rent receipts, including allocation of base rent and tenant expense reimbursements
  • Reconcile property cash accounts to bank statements and the general ledger on a monthly basis
  • Prepare accurate and timely monthly financial statements for assigned properties
  • Maintain consolidated reporting schedules for investment entities and ownership groups
  • Analyze and maintain monthly accounting schedules, including property accruals, prepaid insurance, real estate taxes, fixed assets and bad debt reserves
  • Review property-level financial performance and identify variances from budget
  • Manage property accounts payable processing through AP automation platform
  • Review vendor invoices for proper coding, approvals, and compliance with company policies
  • Ensure timely payment of vendors and proactive resolution of payment-related issues
  • Coordinate and assist with annual property budgeting process; collaborate with PM, Leasing, and Asset Management teams to develop comprehensive property budgets and business plans
  • Prepare quarterly and annual NNN (Triple Net) reconciliations for analysis, tenant billing, and collections
  • Support forecasting efforts and financial analysis related to property operations
  • Assist with annual financial statement audits and tax return preparation
  • Maintain accurate accounting records and supporting documentation

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field
  • 1–2 years of accounting experience; commercial real estate accounting experience required
  • Strong knowledge of accounting principles, financial reporting, and account reconciliations
  • Experience with CAM/NNN reconciliations and commercial real estate financial reporting preferred
  • Proficiency in MRI, Yardi, or similar property accounting software
  • Experience with accounts payable processes and AP automation systems
  • Advanced Microsoft Excel skills, including financial analysis and reporting
  • Ability to prepare accurate financial records and support month-end and quarter-end close processes
  • Strong analytical, problem-solving, and variance analysis skills
  • Excellent organizational skills with the ability to manage multiple priorities and deadlines
  • Effective verbal and written communication skills
  • Detail-oriented with a strong commitment to accuracy and accountability
  • Self-motivated team player with a high level of professionalism and integrity
  • Ability to improve processes and thrive in a fast-paced, entrepreneurial environment

Other Info:

  • Reports to Controller and Sr. Accountant
  • Annual bonus based on individual and company performance
  • Medical and dental insurance; 401(k) retirement plan participation
  • Professional development and continuing education support
  • Reimbursement of approved travel, licensing, and educational expenses
  • Offers significant growth potential as company continues to expand its real estate portfolio and accounting operations

Founded in 1998, Professional Alternatives is an award-winning recruiting and that utilizes technology and relationships to deliver top talent.  Connect with us today!

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