Compare your current skills to what this opportunity needs—we'll show you what you already have and what could strengthen your application.
Job Description
Senior Property Accountant Winfield Properties - 4.0 Summit, NJ Job Details Full-time $80,000 - $100,000 a year 3 hours ago Benefits Health insurance Dental insurance Paid time off Career development plan Qualifications Preparation of internal financial performance reports Microsoft Excel Investor relations reporting Yardi Financial statement analysis Microsoft Office Bachelor's degree GAAP Accounting Financial statement interpretation Accounting Bank reconciliation Accounting experience within real estate
Full Job Description Job Title:
Senior Property Accountant Reports To:
Controller Position Summary The Property Accountant is responsible for all daily, monthly, quarterly, and year-end accounting, reporting, and financial analysis functions for an assigned portfolio of commercial and industrial real estate properties. This role requires proactive participation in property operations, strong analytical skills, and effective communication with ownership groups, asset managers, lenders, and internal management teams.
Essential Duties & Responsibilities:
Financial Reporting & Accounting Prepare monthly financial statements and reporting packages for ownership, lenders, and management, including variance analysis and supporting schedules. Perform monthly, quarterly, and annual closing activities, including accruals, depreciation, amortization, and journal entries. Maintain detailed capital account schedules and supporting workpapers. Prepare monthly bank reconciliations for operating, security deposit, escrow, lockbox, and other property-related accounts. Analyze general ledger activity and ensure proper account classifications and financial accuracy. Assist with year-end operating expense and real estate tax reconciliations. Property & Investment Accounting Assist with the setup of newly acquired or managed properties within accounting systems, including buildings, tenants, bank accounts, chart of accounts, and reporting structures. Import and maintain property budgets within accounting systems for comparative financial reporting. Assist with the preparation of investor distributions and capital calls in accordance with partnership agreements. Maintain security deposit accounting and ensure compliance with lease and client requirements. Support property acquisitions and dispositions through financial transition activities and account setup. Cash Management & Banking Prepare and process electronic banking transactions, including wire transfers and electronic book transfers. Monitor cash activity and assist with cash management reporting. Support loan administration activities, including tenant improvement escrows, draw requests, and commission reimbursements. Tenant & Property Support Partner with Property Managers and Asset Managers to monitor tenant accounts receivable and report delinquencies. Review tenant bill-backs, including utilities, after-hours HVAC, cleaning charges, tenant work orders, and other recoverable expenses. Coordinate billing approvals with property management and engineering teams. Assist with preparation of ad hoc financial analyses requested by ownership, management, or lenders. Compliance & External Relations Serve as a liaison to third-party owners, asset managers, lenders, accountants, and other stakeholders. Work closely with outside tax professionals to facilitate federal and state tax return preparation. Support tax certiorari initiatives and prepare annual income and expense reports required by municipalities. Ensure compliance with partnership agreements, lender requirements, and company accounting policies. Additional Responsibilities Assist with special projects and financial initiatives as assigned by the Controller and Management Team. Participate in process improvement initiatives to enhance accounting and reporting efficiency. Provide support during audits, lender reviews, and ownership reporting requests. Required Knowledge, Skills & Abilities We are seeking a highly motivated accounting professional with strong analytical capabilities and a proven ability to manage multiple priorities in a fast-paced real estate environment. Qualifications Bachelor's Degree in Accounting, Finance, or related field required. Minimum of three (3) years of commercial or industrial real estate property accounting experience. Strong understanding of GAAP and commercial real estate accounting principles. Experience preparing financial statements, variance analyses, bank reconciliations, and investor reporting. Technical Skills Advanced proficiency in Microsoft Excel and Microsoft Office Suite. Experience with real estate accounting and financial management systems. Experience with MRI, SAGE, Nexus, or similar property accounting platforms is preferred. Professional Competencies Strong organizational skills with exceptional attention to detail. Ability to prioritize tasks, meet deadlines, and work independently. Excellent analytical, problem-solving, and decision-making skills. Strong written and verbal communication skills with the ability to interact effectively at all levels of an organization. Ability to adapt communication style to meet the needs of various audiences, including ownership groups, lenders, tenants, and management teams. Self-starter with a proactive approach to identifying and resolving issues. Job Type Full-Time Benefits Health Insurance Dental Insurance Paid Time Off Professional Development Opportunities Schedule Monday through Friday Work Location In Person Responsibilities and requirements are subject to change based on business needs.
