Property Accountant
Location: New Castle, DE (Hybrid/On-Site) Job Type: Full-Time
About the Company
Our client is a dynamic and growing real estate investment and property management firm. They specialize in managing a diverse portfolio of [commercial / residential / mixed-use] properties. We are looking for a detail-oriented and experienced Property Accountant to join our finance team in New Castle, DE, and help drive the financial health of our real estate assets.
Role Summary
As a Property Accountant, you will take ownership of the financial reporting and daily accounting operations for a designated portfolio of properties. Partnering closely with Property Managers and the corporate finance team, you will ensure accurate month-end closes, assist with annual budgeting, and manage Common Area Maintenance (CAM) reconciliations. The ideal candidate has a strong foundation in GAAP and hands-on experience with real estate accounting software.
location: Wilmington, Delaware
job type: Permanent
salary: $70,000 - 90,000 per year
work hours: 9 to 5
education: Bachelor's degree
experience: 3 Years
responsibilities:
- Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements for an assigned portfolio of properties.
- Month-End Close: Execute the full month-end close process, including preparing journal entries, accruals, and bank reconciliations.
- CAM & Tax Reconciliations: Calculate, review, and process annual Common Area Maintenance (CAM), real estate tax, and insurance reconciliations and tenant billings.
- Budgeting & Forecasting: Collaborate with Property Managers to develop annual operating budgets and quarterly variance forecasts.
- AP/AR Oversight: Review and approve accounts payable invoices, ensure accurate general ledger coding, and monitor accounts receivable and tenant delinquency reports.
- Fixed Assets: Maintain fixed asset ledgers, track capital expenditures, and record depreciation and amortization schedules.
- Compliance & Audit: Assist with external audits and ensure compliance with internal accounting policies, lease agreements, and GAAP.
- Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements for an assigned portfolio of properties.
- Month-End Close: Execute the full month-end close process, including preparing journal entries, accruals, and bank reconciliations.
- CAM & Tax Reconciliations: Calculate, review, and process annual Common Area Maintenance (CAM), real estate tax, and insurance reconciliations and tenant billings.
- Budgeting & Forecasting: Collaborate with Property Managers to develop annual operating budgets and quarterly variance forecasts.
- AP/AR Oversight: Review and approve accounts payable invoices, ensure accurate general ledger coding, and monitor accounts receivable and tenant delinquency reports.
- Fixed Assets: Maintain fixed asset ledgers, track capital expenditures, and record depreciation and amortization schedules.
- Compliance & Audit: Assist with external audits and ensure compliance with internal accounting policies, lease agreements, and GAAP.
qualifications:
- Education: Bachelor's degree in Accounting, Finance, or a closely related field.
- Experience: 2 to 5 years of progressive accounting experience, with at least 1-2 years specifically in property or real estate accounting.
- Technical Skills: Proficiency in industry-standard property management software (e.g., Yardi, MRI, or AppFolio).
- Software Proficiency: Advanced skills in Microsoft Excel (PivotTables, VLOOKUPs, complex formulas).
- Knowledge: Strong understanding of generally accepted accounting principles (GAAP) and lease administration.
- Soft Skills: Excellent written and verbal communication skills, with the ability to translate financial data into actionable insights for non-financial stakeholders.
skills: Property Accounting
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).
This posting is open for thirty (30) days.
