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Franklin Professionals

Property Accountant

Career Insights for Real Estate / Property Accountant

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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.

$76,118 / year median in Florida

+1% projected growth

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Job Description

Our client is one of the largest companies in the Real Estate Development space and they are looking for a Property Accountant to join their team in their beautiful modern Boca office. The Property Accountant's primary responsibilities include managing month-end close processes and preparing financial statements. This involves preparing and posting journal entries, analyzing balance sheet accounts, reviewing construction P&L accounts, and initiating all wire transfers for their region. Additional duties include reviewing the property management financial statement package, overseeing cash management, and preparing monthly draw requests. What you'll be doing: Gathers required information for month-end close by preparing and entering monthly journal entries, performing bank reconciliations, and maintaining cash sheets. Completes balance sheet schedules to ensure accurate reporting of monthly financials and reconciliation of balance sheet accounts. Reconciles monthly interest and loan balances with lender statements. Prepares financial statements and supporting schedules for all entities within the assigned portfolio. Manages cash activity, including initiating wire transfers and recording all cash-related transactions for the portfolio promptly. Prepares bank reconciliations. Participates in company-provided training, including safety, anti-discrimination, information systems, and harassment prevention. Adheres to all company standards, health and safety regulations, and applicable local, state, and federal laws. Experience you bring to the table: 3+ plus years experience in accounting and full financial statement preparation. Bachelors Degree