Property Accountant
Property Accountant
Weston Inc.
Warrensville Heights, OH
See who Weston Inc. has hired for this role
Weston Inc. provided pay range
This range is provided by Weston Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$66,000.00/yr - $83,000.00/yr
About The Role
The Property Accountant plays a vital role in our Property Accounting Department, focusing on enhancing the financial management and reporting of our real estate portfolio. This position requires a solid foundation in property accounting, meticulous attention to accuracy, and effective collaboration with cross-functional teams. The successful candidate will ensure precise financial data, conduct thorough analyses, and contribute to the overall success of our property accounting operations.
Duties And Responsibilities
This extends to all aspects of employment, including hiring, recruitment, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Our hiring decisions are based solely on qualifications, merit, and business needs at the time
The Property Accountant plays a vital role in our Property Accounting Department, focusing on enhancing the financial management and reporting of our real estate portfolio. This position requires a solid foundation in property accounting, meticulous attention to accuracy, and effective collaboration with cross-functional teams. The successful candidate will ensure precise financial data, conduct thorough analyses, and contribute to the overall success of our property accounting operations.
Duties And Responsibilities
- Financial Recording: Maintain precise and current financial records for our property portfolio. Record transactions, process invoices, and reconcile accounts to ensure financial data integrity.
- Reporting and Analysis: Assist in preparing timely and accurate financial reports, including income statements, balance sheets, and cash flow statements. Collaborate with the property accounting team to analyze variances and provide insights.
- Expense Tracking: Monitor property-related expenses such as utilities, maintenance, and repairs. Ensure expenses are correctly allocated and adhere to budgetary guidelines.
- Lease Management: Support lease accounting processes by tracking lease terms, rent payments, and maintenance obligations.
- Budget Support: Aid in developing property budgets and forecasts in partnership with property management and finance teams. Monitor actual performance against budgeted expectations.
- Reconciliation: Conduct monthly bank and account reconciliations to identify and resolve discrepancies. Investigate and rectify any inconsistencies.
- Collaboration: Work closely with property managers, asset managers, and other departments to gather pertinent financial data and provide necessary support.
- Compliance: Ensure compliance with accounting standards, company policies, and regulatory requirements. Support audit processes and respond to auditor inquiries.
- Process Improvement: Continually assess and enhance property accounting processes to improve efficiency and accuracy. Identify opportunities to streamline workflows and enhance data quality
- Technology Utilization: Utilize property management and accounting software to process transactions and maintain financial records. Leverage technology to enhance reporting capabilities.
- Communication: Clearly and succinctly communicate financial information to both financial and non-financial stakeholders. Support in explaining financial results and trends effectively.
- Perform other duties as assigned.
- This position does not have any supervisory responsibility. This position works collaboratively with other departments to ensure seamless integration of tasks and responsibilities.
- Strong grasp of accounting principles and practices.
- Proficiency in financial reporting and analysis, with advanced Excel skills.
- Experience with MRI property management and accounting software; familiarity with Spreadsheet Server is advantageous.
- Detail-oriented with exceptional organizational skills.
- Effective communication and interpersonal abilities.
- Ability to collaborate in a team environment and adapt to shifting priorities.
- Strong problem-solving skills and a proactive approach to tasks.
- Bachelor's degree in Accounting, Finance, or a related field.
- 2-4 years of experience in property accounting or similar financial roles.
- This role primarily operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets.
- Ability to travel as needed. The position may occasionally require the employee to work outside the office, visiting properties or attending meetings with external stakeholders.
- While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Must be able to lift, carry, or push/pull up to (15) pounds.
- This is a full-time position. Days and hours of work are Monday through Friday, 8:00am to 5pm. This position may require longer hours and occasional weekend work as job duties demand.
This extends to all aspects of employment, including hiring, recruitment, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. Our hiring decisions are based solely on qualifications, merit, and business needs at the time
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Seniority level
Entry level -
Employment type
Full-time -
Job function
Accounting/Auditing and Finance -
Industries
Commercial Real Estate
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