Property Accountant

SENIOR PROPERTY ACCOUNTANT

Direct Hire role with our client located in Pittsburgh, PA.

Work Environment: On-Site Full Time

Position Summary

The Property Accountant is responsible for managing the day-to-day financial operations for a portfolio of commercial properties. This experienced role ensures accurate financial reporting, compliance with GAAP, and effective collaboration with property management, asset management, and external partners. The Property Accountant plays a key role in maintaining the financial integrity of assigned properties and supporting strategic decision-making through timely and accurate financial information. This position reports to the Controller.

Essential Duties

• Manage full-cycle accounting for a portfolio of commercial properties, including office, industrial, and retail assets.
• Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
• Record and reconcile general ledger activity, including accruals, journal entries, and reconciliation.
• Coordinate month close processes and ensure timely reporting deadlines are met
• Oversee cash management, including bank reconciliations and cash flow tracking.
• Prepare annual operating budgets and periodic forecasts in collaboration with asset management and property management teams.
• Analyze budget-to-actual variance, provide explanations and recommendations; and assist with annual budgeting and forecasting.
• Review abstract lease agreements for financial obligations, and manage common area maintenance (CAM) reconciliations and tenant billings, as applicable.
• Support audits and tax preparation reporting requirements.
• Ensure compliance with internal controls, company policies, and applicable regulations
• Collaborate with property managers and leadership to provide financial insights.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or related field.
• A minimum of 3 years of property accounting experience, preferably in commercial real estate and/or a mix of public accounting.
• Proficiency in property management software such as Yardi or MRI and advanced Microsoft Excel skills.
• Strong communication skills with the ability to provide financial data in clear, and concise form to diverse internal and external contacts.
• Proven ability to manage accounting for multiple properties and achieve deadlines, while working in a fast-paced environment.
• Strong analytical, organizational, and problem-solving skills.
• Excellent attention to detail and accuracy.
• CPA preferred but not required.