Job Description
Position Summary:
The Property Accountant is responsible for the full-cycle accounting of a portfolio of commercial or residential properties. This role ensures the accuracy of financial reporting, prepares monthly and quarterly statements, manages tenant billing, and performs annual CAM reconciliations. The Property Accountant works closely with property managers, leasing agents, and ownership to provide clear financial insight into property performance.
Key Responsibilities:Maintain the general ledger and ensure all property-related transactions are recorded accurately and timely.
Prepare monthly, quarterly, and annual financial statements for assigned properties.
Perform detailed CAM reconciliations , ensuring proper allocation to tenants per lease terms.
Review and approve tenant billing adjustments, rent escalations, and percentage rent calculations.
Process and review accounts payable and accounts receivable activity, ensuring proper coding and expense allocation.
Reconcile bank accounts, security deposits, and balance sheet accounts monthly.
Prepare and post journal entries, accruals, and adjustments as needed.
Assist property managers with budget preparation, forecasts, and variance analysis.
Review lease abstracts to ensure compliance with lease terms for billing and expense recovery.
Support year-end audit requests and respond to inquiries from auditors and ownership.
Monitor cash flow and prepare funding requests or owner distributions.
Maintain organized accounting records and support continuous process improvements.
Bachelor's degree in Accounting, Finance, or related field required.
2-5 years of experience in real estate or property accounting preferred.
Strong understanding of CAM reconciliations , lease structures, and tenant recoveries.
Proficiency with property management/accounting software (e.g., Yardi, MRI, RealPage, or similar).
Advanced Excel skills and strong analytical ability.
Excellent communication, organizational, and time management skills.
Detail-oriented with the ability to handle multiple properties and deadlines simultaneously.
Beacon Hill is an equal opportunity employer and individuals with disabilities and/or protected veterans are encouraged to apply.
California residents: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
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Completion of this form is voluntary and will not affect your opportunity for employment, or the terms or conditions of your employment. This form will be used for reporting purposes only and will be kept separate from all other records.
Company Profile:
Benefits Information:
Beacon Hill offers a robust benefit package including, but not limited to, medical, dental, vision, and federal and state leave programs as required by applicable agency regulations to those that meet eligibility. Upon successfully being hired, details will be provided related to our benefit offerings.
We look forward to working with you.
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