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RH
Robert Half
Property Accountant
Career Insights for Real Estate / Property Accountant
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Based on California data
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What they do
A Real Estate or Property Accountant prepares financial records and reports for real estate transactions and provides accounting for commercial or residential properties. Maintains accounts and tracks expenses related to property management. May work for a commercial real estate firm, real estate developer or investor, or property owner.
$79,374 / year median in California
-0% projected decline
Job Description
Our company is seeking a skilled Property Accountant on a contract basis to support our property management accounting operations. This role is ideal for professionals with experience managing the accounting and financial reporting for commercial or residential real estate portfolios. You will play a key role in ensuring accurate financial records, supporting budgeting processes, and helping to maintain compliance with internal and external requirements.
Perform monthly, quarterly, and annual financial closings for assigned properties.
Prepare property income statements, balance sheets, and other financial reports.
Process accounts payable/receivable and review property-level cash flow.
Assist with budgets, forecasts, and variance analysis for each property.
Maintain lease administration, including rent schedules, escalations, and reconciliations.
Coordinate with property managers, asset managers, and external auditors as needed.
Ensure compliance with company policies and industry regulations.
Respond to inquiries related to financial information for managed properties.
Key Responsibilities:
Prepare and maintain general ledger entries related to property operations.Perform monthly, quarterly, and annual financial closings for assigned properties.
Prepare property income statements, balance sheets, and other financial reports.
Process accounts payable/receivable and review property-level cash flow.
Assist with budgets, forecasts, and variance analysis for each property.
Maintain lease administration, including rent schedules, escalations, and reconciliations.
Coordinate with property managers, asset managers, and external auditors as needed.
Ensure compliance with company policies and industry regulations.
Respond to inquiries related to financial information for managed properties.