What are the responsibilities and job description for the Property Accountant position at JLL?
Property Accountant – JLL
Location: Jersey City, NJ (Onsite - 5 days a week)
What this job involves:
Location: Jersey City, NJ (Onsite - 5 days a week)
What this job involves:
- Join JLL's dynamic property management team as a Property Accounting Specialist, where you'll serve as a cornerstone of financial operations for commercial real estate portfolios. In this pivotal role, you'll deliver comprehensive accounting and reporting support while functioning as a key strategic member of the management team.
- You'll be instrumental in driving financial accuracy, supporting property managers with critical business insights, and ensuring seamless fiscal operations that directly contribute to JLL's reputation for excellence in property management.
- This position offers the opportunity to work with diverse commercial properties, collaborate with clients and internal teams, and make a meaningful impact on property performance through expert financial stewardship.
- Prepare and analyze monthly financial reports including journal entries, financial statements, and bank reconciliations to ensure accurate property-level accounting
- Support annual budget development by compiling key assumptions, maintaining lease-level budgeting, and coordinating budget input into accounting systems
- Manage the full accounts receivable cycle including monitoring cash receipts, reviewing tenant recurring charges, and processing billing adjustments
- Oversee accounts payable processes by reviewing invoice coding and approvals while maintaining proper audit trails for all transactions
- Coordinate year-end reconciliation processes for CAM charges, percentage rent, insurance, utilities, and real estate taxes
- Serve as the primary liaison with client finance teams and provide training to team members on accounting software systems
- Assist property managers with variance report preparation and quarterly re-forecasting to support strategic decision-making
- Bachelor's degree
- Minimum 5 years of commercial real estate accounting experience with demonstrated expertise in property-level financial operations
- Experience with real estate accounting software platforms such as Yardi or MRI
- Strong knowledge of commercial lease structures, CAM reconciliations, and tenant billing processes
- Proven ability to manage multiple properties and coordinate complex financial processes simultaneously
- Proficiency in Microsoft Office Suite, particularly advanced Excel skills for financial modeling and analysis
- Excellent analytical and problem-solving skills with keen attention to detail and accuracy
- Experience working with institutional property owners or large commercial real estate portfolios
- Familiarity with property management operations and industry best practices
- Strong communication skills for client interaction and cross-functional collaboration
- Experience with budget preparation and financial forecasting in commercial real estate
- Knowledge of generally accepted accounting principles (GAAP) as applied to real estate
- Demonstrated ability to work effectively in fast-paced, deadline-driven environments
Salary : $105,000 - $115,000