Property Accountant

Overview

The Property Accountant supports the company’s day-to-day operations and accounting needs related to new and existing leased locations. This position reports to the Associate Director of Property Accounting.

The company operates in a dynamic environment that values responsiveness to market and strategic changes. Team members are expected to be adaptable and prepared for occasional pivots and reassignments to maximize collective impact in support of the organization’s mission. The responsibilities outlined below are not exhaustive and may evolve based on business needs and opportunities.

Key Responsibilities

Lease / Property Accounting

• Read and interpret lease documents and purchase agreements, and determine the appropriate action needed
• Calculate and communicate rent increases and prorations with landlords
• Upload lease and legal documents into Sage Intaact, and review data abstraction for accuracy; coordinate and follow through on any needed corrections
• Upload monthly rent bills into Sage Intacct accounting system
• Review annual CAM reconciliations prepared by landlords and ensure adequate supporting documentation is provided; work with landlords to resolve questions and update recurring bills as needed
• Upload rent payment files into Sage Intacct
• Review and process monthly rent payments through the Wells Fargo CEO ACH portal
• Track and review upcoming property tax payments, request payment approvals, and process online property tax payments to ensure timely payment
• Identify, recognize, and communicate changes that may impact lease accounting
• Communicate regularly with landlords via phone and email, both proactively and in response to inquiries or issues
• Perform other general accounting duties as assigned

Month-End Close / Year-End

• Prepare monthly accruals as needed, including rent, CAM, property taxes, and related items
• Prepare monthly balance sheet reconciliations
• Prepare rent trending analysis to identify potential issues and explain monthly variances
• Prepare audit support schedules and respond to audit requests

Requirements:
Requirements / Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field
• At least 2–4 years of relevant accounting experience, preferably in property accounting, lease accounting, real estate accounting, or general accounting
• Strong understanding of lease administration, rent escalations, prorations, CAM reconciliations, and property tax processing
• Experience with month-end close activities, including accruals, balance sheet reconciliations, variance analysis, and audit support
• Ability to read and interpret lease agreements, legal documents, and purchase agreements accurately
• Experience using accounting systems and lease/property management platforms such as Sage Intacct or similar systems
• Familiarity with ACH payment processing, banking portals, and online payment platforms is preferred
• Strong analytical and problem-solving skills, with the ability to identify discrepancies and recommend corrective action
• High level of accuracy and attention to detail in financial processing and documentation review
• Strong written and verbal communication skills, with the ability to coordinate effectively with landlords and internal stakeholders
• Proficiency in Microsoft Excel and Microsoft Office applications
• Strong organizational and time management skills, with the ability to manage multiple priorities and deadlines
• Ability to work independently and collaboratively in a fast-paced, evolving environment
• Adaptable and willing to take on additional responsibilities as business needs change

Preferred Qualifications

• Experience in property, lease, or real estate accounting
• Exposure to multi-site or leased-location environments
• Familiarity with audit preparation and support
• Experience coordinating with external landlords, vendors, or property-related stakeholders

Work Attributes

• Detail-oriented and process-driven
• Reliable and responsive in meeting deadlines
• Able to communicate professionally with both internal and external parties
• Comfortable working in a dynamic environment with changing priorities

Benefits:
Benefits

• HMO with 1 free dependent upon hire
• Life Insurance
• 20 PTO credits annually
• VL and SL cash conversion
• Annual Performance-Based Merit Increases and Employee Recognition
• Great Company Culture
• Career Growth and Learning
• A laptop will be provided by the company