We are seeking a highly motivated Senior Property Accountant to join a team focused in industrial, multifamily, and office Property Accounting with a growing Real Estate Private Equity Firm in Dallas.
The firm has raised billions in equity and manages a diverse portfolio of high-performing assets.
This role offers the chance to contribute to the day-to-day property accounting for industrial assets while working in a dynamic environment focused on excellence and growth.
Job Title: Senior Property Accountant
Job Summary:
Join a prominent real estate private equity firm with a diverse portfolio spanning industrial, multifamily, and office properties. This position offers an exciting opportunity to assist with the property accounting for industrial warehouse assets. The Senior Property Accountant will play a vital role in the firm's accounting team, ensuring accurate financial reporting, lease administration, and compliance with accounting standards.
Key Responsibilities:
Financial Reporting:
- Support the preparation of monthly financial statements and property reports for assigned industrial properties, ensuring accuracy, consistency, and compliance with established accounting standards.
- Review property-level financial statements to ensure data integrity and adherence to firm policies.
Tenant Billing & Receivables:
- Oversee tenant billing and collections processes, ensuring timely and accurate invoicing and reporting.
- Track tenant receivables, manage outstanding balances, and report on collection efforts.
Bank & Account Reconciliations:
- Perform monthly reconciliations of bank accounts and general ledger accounts, ensuring accurate recording of financial transactions and alignment with property-level data.
Journal Entries & General Ledger Maintenance:
- Monitor daily financial activity, recording journal entries and maintaining accurate general ledger records.
- Ensure that all financial data is captured and reflected correctly for each property.
Lease Data Entry & Maintenance:
- Input, verify, and maintain lease information in the accounting system.
- Review lease terms, calculate rent adjustments, escalations, and other lease-related variables in accordance with lease agreements.
Budgeting & Reconciliation Support:
- Assist with the preparation of property budgets and perform periodic tenant reconciliations.
- Provide accurate data and support to ensure the firm meets its financial goals and objectives for each property.
Compliance & Tax Filings:
- Support the preparation of tax filings and compliance documentation, including sales and use tax returns and 1099 filings.
- Work closely with external auditors and tax advisors to ensure adherence to all regulatory requirements.
Ad-Hoc Data Collection & Reporting:
- Assist the team with compiling financial data and performing special analyses for various projects and reporting requirements.
- Help prepare detailed financial reports for senior management and stakeholders as needed.
Collaboration with Property Management:
- Partner with property managers to address accounting-related inquiries and resolve discrepancies in financial records.
- Ensure smooth communication between accounting and property management teams to ensure accurate and timely financial reporting.
Candidate Requirements:
Experience:
- A minimum of 2 years' experience in commercial property accounting, particularly with industrial, office, or retail properties.
- Strong background in financial reporting within a multi-entity environment, with the ability to manage multiple property portfolios.
Education & Certifications:
- A degree in Accounting, Finance, or a related field is required.
- CPA or CPA eligibility is a plus but not mandatory.
Technical Skills:
- High proficiency in Yardi accounting software and Microsoft Office Suite (Excel, Word, Outlook). Experience with additional real estate accounting systems is a plus.
Interpersonal & Communication Skills:
- Strong interpersonal skills with the ability to interact effectively with internal teams, property managers, external stakeholders, and third-party vendors.
- Clear and professional communication, both written and verbal, is essential to the role.
Problem Solving & Independence:
- Ability to work independently and efficiently solve problems, offering practical solutions in a timely manner.
- Detail-oriented with the capacity to manage multiple tasks and prioritize in a fast-paced environment.
Work Ethic & Attitude:
- Strong work ethic with a positive attitude, demonstrating the willingness to take on challenges and learn new skills.
- Proactive and adaptable, with the ability to thrive in a dynamic, team-driven work environment.
Work Environment:
This role provides an opportunity to join a growing, forward-thinking organization committed to providing exceptional real estate investment services. The ideal candidate will thrive in a collaborative, high-performance environment, contributing to the firm's long-term success.
Equal Opportunity Employer:
We are an equal opportunity employer committed to diversity and inclusion. We encourage candidates from all backgrounds to apply.
