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Beco Management Inc

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.

$81,357 / year median in Maryland

-2% projected decline

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Job Description

Description:
Rockville based multi-generational real estate and investment holding company founded on the principles of honesty, integrity, hard work, hands-on management and philanthropy is seeking a likeminded professional to join their property accounting team. This multifaceted position includes traditional accounting and bookkeeping duties as well as lease administration, coordination of tenant matters and property management support. Qualified candidates will be detail oriented, have a high level of professionalism and integrity, a helpful positive and proactive attitude and will be able to multitask. Discretion regarding tenant and company information is a must. This position is 100% in-office role at our Corporate Headquarters in Rockville, MD. Accounting and Lease Administration duties to include: Lease abstracting and monthly billings for assigned properties Recordation of cash receipts and deposits Payment of vendor and utility invoices Maintenance of accounting records in General Ledger System (Entrada/Voyager) Journal Entries Bank and other account reconciliations Invoice Processing Calculation of monthly management fees Monthly Accounts Receivable reporting Maintaining Rent Rolls and tracking lease expirations Monitoring Tenant compliance with lease requirements Annual CAM Reconciliations Budgeting and variance analysis Vendor / 1099 Reporting Assisting with reporting and analysis as needed Tenant and Property Management Support duties to include : Serving as point of contact for all Tenant inquiries Coordinating payment for maintenance and emergency repair issues with Building Engineers and Senior Property Manager Additional duties as assigned as our company continues to grow Position reports directly to the CFO.
Requirements:
BA/BS in Accounting or Finance Proficiency in Microsoft Excel Able to work both independently and within a team environment Superior communication skills Retail real estate experience a plus