Senior Property Accountant (Hospitality/Real Estate)

Senior Property Accountant (Hospitality/Real Estate) Terratron, Inc Bloomington, MN Job Details Full-time $75,000 - $85,000 a year 18 hours ago Benefits Health savings account Disability insurance 401(k) 3% Match Health insurance Dental insurance Flexible spending account Paid time off Employee assistance program Vision insurance 401(k) matching Employee discount Life insurance Retirement plan Paid sick time Qualifications Accounting systems Financial close processing Operational analysis Bachelor's degree Attention to detail GAAP Organizational skills Closing the books

Full Job Description Job Posting Title:

Senior Accountant (Hospitality/Real Estate) Salary Range $75k-$85k

Type:

Full time,Hybrid About Terratron Terratron is a real estate investment and development firm specializing in hospitality and student housing properties. We focus on creating high-quality properties that deliver exceptional experiences for our guests and tenants. Our team is small, agile, and entrepreneurial, working across acquisitions, development, and operations to maximize the potential of every asset in our portfolio. Company Overview Terratron, Inc. offers a competitive benefit package to all full-time associates that includes: Medical, Vision, Dental, and Life insurance Company-funded Short Term Disability insurance 401(k) with employer matching Paid time off 50% discount at all Terratron food and beverage outlets Hotel discounts worldwide and more Position Summary The Senior Accountant will support a portfolio of hotel and retail properties in the Bloomington, MN region, serving as the primary finance point of contact. This role is responsible for general ledger accounting, financial reporting, variance analysis, and maintaining strong internal controls to ensure accuracy and performance visibility across the portfolio. In addition, this role serves as a shared functional lead for guest payment accounting, including daily reconciliation of credit card settlements and oversight of chargeback activity. This is a hybrid role requiring on-site presence at assigned properties approximately two days per week. Key Responsibilities Property Accounting & Financial Reporting Prepare monthly, quarterly, and annual financial statements in accordance with GAAP Own the property month-end and year-end close processes Identify and implement process improvements across accounting and reporting workflows Manage tenant billings, CAM reconciliations, and recoveries Maintain accounting records in compliance with company, lender, and brand/lease requirements Balance Sheet & Controls Own the balance sheet accounts for assigned properties Prepare monthly reconciliations (cash, receivables, fixed assets, liabilities) Investigate and resolve reconciling items Support internal and external audits and maintain strong internal controls Budgeting & Analysis Support the annual budget process with expertise in property cost and revenue drivers Analyze variances vs. budget, forecast, and prior periods Support capital expenditure tracking and reporting Provide ad hoc analysis to support operational and financial decision-making Operational Accounting Support Reconcile daily guest payment activity, including credit card settlements Investigate and resolve discrepancies between PMS/POS and bank activity Partner with front desk and operations teams to manage and respond to chargebacks Help improve processes and documentation around payment reconciliation and dispute resolution Qualifications Education & Experience Bachelor's degree in Accounting, Finance, or related field 3-7 years of relevant accounting experience (hospitality experience preferred) Strong experience with close processes, reconciliations, and financial reporting Technical Skills Experience with accounting systems (e.g., Great Plains, Business Central, or similar) Advanced Excel skills (pivots, lookups) Strong understanding of GAAP Key Competencies Detail-oriented with strong organizational skills Ability to manage multiple properties and deadlines Strong analytical and problem-solving ability Effective communicator with both finance and operations teams Preferred Hotel or mixed-use property experience Experience with lender/ownership reporting CPA (or progress toward)

Pay:

$75,000.00 - $85,000.00 per year

Benefits:

401(k) 3% Match Dental insurance Disability insurance Employee assistance program Employee discount Flexible spending account Health insurance Health savings account Life insurance Paid sick time Paid time off Retirement plan Vision insurance

Work Location:

Hybrid remote in Bloomington, MN 55425