Description We are looking for a Property Accountant to support the financial management of a portfolio of commercial real estate assets in Winston-Salem, North Carolina. This opportunity is well suited for someone who wants to strengthen their expertise in real estate accounting while contributing to a collaborative in-house finance team. The role centers on maintaining accurate property records, supporting monthly reporting, and partnering with property management and vendors to keep accounting operations running smoothly.

Responsibilities:

• Oversee day-to-day accounting for an assigned group of commercial properties, ensuring transactions are recorded accurately and supporting schedules remain current.
• Complete monthly close tasks, including journal entries, accruals, reconciliations, and preparation of property-level financial statements and reporting packages.
• Manage tenant receivables by applying cash receipts, reviewing ledgers, coordinating billing updates, and following up on aged balances with property management.
• Reconcile bank activity and other balance sheet accounts such as prepaid items, tax accruals, financing-related balances, and leasing costs.
• Prepare cash reporting and help monitor expected inflows and outflows to highlight funding needs or excess property cash.
• Support property billing activity, including reimbursements, tenant adjustments, credits, write-offs, security deposit accounting, and annual reconciliation items.
• Track capital projects, tenant improvements, and allowance activity for assigned properties, maintaining clear documentation for expenditures and balances.
• Handle portfolio-wide accounts payable processing by reviewing, routing, and recording invoices while coordinating with vendors, construction lenders, property teams, and internal departments.
• Partner with property managers to analyze budget-to-actual results and explain monthly performance variances at the property level. Requirements
• Experience in property accounting, preferably within commercial real estate.
• Working knowledge of month-end close procedures, accrual accounting, and general ledger maintenance.
• Proficiency with Yardi software and standard accounting systems.
• Ability to prepare reconciliations, financial reports, and supporting schedules with a high degree of accuracy.
• Strong organizational skills with the ability to manage multiple properties, deadlines, and priorities.
• Clear communication skills and the ability to collaborate effectively with property management, vendors, and finance teams.
• Detail-oriented approach to handling receivables, payables, and cash activity.
• Bachelor's degree in Accounting, Finance, or a related field is preferred.

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