Property Accountant

Firm Overview:

Our client is a multi-generational, family-owned commercial real estate company headquartered in Dallas, TX. They manage, lease, and own a diverse portfolio totaling approximately 1.5 million square feet across the Dallas/Fort Worth Metroplex and Central TX/Oklahoma and a 225-acre development site in Sherman, TX. They are deeply committed not only to investing in their properties and tenants but also to supporting and developing their employees. Their culture is built on integrity, service excellence, innovation, and an entrepreneurial

spirit. As the team continues to grow, they are seeking individuals who share these values and can make a positive impact on their dynamic community of employees, tenants, and investors.

Position Overview:

The Staff/Property Accountant will play a key role in maintaining accurate and up-to-date property records within the accounting system, ensuring timely and proper setting of new tenants, property acquisitions/dispositions, lease amendments, renewals and financial forecasts for the properties and management companies. This position is responsible for preparing financial statements, performing bank reconciliations, and partnering closely with portfolio managers to resolve property- and tenant-specific matters. The role encompasses full-cycle accounting (A–Z) for a growing portfolio of properties, including inter-company and multifamily accounts, and includes both accounts payable and accounts receivable functions.

Key Responsibilities:

• Compile and analyze financial information for financial statements and accounting reports; prepare and post journal entries, verify calculations, and reconcile accounts.
• Review expenses, invoices, and other accounting documents; research and resolve discrepancies to ensure accurate coding of revenues and expenses.
• Perform bank reconciliations for multi-property, inter-company, and multifamily accounts.
• Maintain and monitor accounting controls by analyzing revenue and expenditure trends and assisting with budget recommendations.
• Serve as a liaison to tenant auditors by explaining journal entries, providing research and documentation, and ensuring timely completion of audits.
• Assist with operating expense reconciliations and annual forecasting, including reviewing NNN reconciliation files and preparing related tenant ledger entries.
• Prepare and analyze cash flow forecasts for existing properties, management companies, and potential acquisitions.
• Communicate with on-site teams and property managers to answer questions, provide support, and ensure timely completion of accounting processes and reporting.
• Prepare various financial, accounting, and administrative reports; perform additional duties as needed.
• Partner with management to provide detailed analysis of property and project financial performance.

Requirements:

• Full-cycle month-end close experience for multiple entities, including balance sheet reconciliations.
• Bank statement reconciliation experience.
• Budget vs. actual variance analysis with clear explanations.
• Ability to manage property-related expenses, including property taxes, insurance, and CAM expenditures.
• Understanding of basic accounting standards and strong general ledger experience.
• High attention to detail with a focus on minimizing errors and inaccuracies.
• Strong organizational and analytical skills.
• Ability to approach problems both logically and creatively.
• Strong verbal and written communication skills.
• Ability to multi-task and prioritize daily, weekly, and monthly tasks to meet deadlines.
• Employment history demonstrating the ability to analyze financial data and prepare financial reports in accordance with accounting, finance, budgeting, and cost control procedures.
• Ability to prepare and explain financial data to owners, managers, staff, and external auditors.
• Address tenant inquiries related to financial matters and provide excellent customer service.
• Conduct regular expense reviews and identify opportunities for cost savings.
• Assist in forecasting financial performance and variances for the properties and management companies, providing insights into strategic decision-making.

Qualifications:

• Bachelor’s degree in Accounting or Finance required.
• 3 years of property management accounting experience across multiple properties, or an equivalent combination of education and experience.
• Prior experience with operating expense reconciliations strongly preferred. General understanding of commercial lease language required.
• Experience managing cash across multiple bank accounts is strongly preferred.
• Proficiency in Yardi required.
• Strong Excel skills are essential; proficiency with Microsoft Office Suite is required.
• Argus experience is a plus.
• Strong analytical skills, with the ability to research issues, resolve discrepancies, and propose efficient solutions.
• Ability to multitask and collaborate effectively with cross-functional teams.
• Adaptability to new processes, technologies, and workflows.
• Tenant-focused mindset with strong customer service skills; able to work independently and as part of a team.

Benefits and Perks:

• Competitive salary.
• Robust benefits package, including company-paid employee medical premium.
• Company-paid worker’s compensation.
• 401(k) with a generous up to 4% company match.
• Employee profit-sharing bonus.
• 20 PTO days.
• 11 additional paid holidays.
• Personal and professional growth opportunities.
• Fun and team-oriented culture.
• Free on-site parking.