What are the responsibilities and job description for the Senior Property Accountant position at LHH?
LHH Recruitment Solutions is seeking a Senior Property Accountant responsible for overseeing accounting activities for a designated portfolio of commercial real estate properties. This role ensures accurate financial reporting, compliance with lease terms, and timely completion of month-end close activities, including CAM reconciliations. The position also provides guidance and oversight to junior accounting staff and partners closely with property management, asset management, and leasing teams.
Key Responsibilities:
- Perform accounting functions for a portfolio of commercial real estate properties
- Review and maintain lease abstracts to ensure accurate rent, CAM, utility billings, security deposits, and lease incentives
- Review general ledger activity and prepare monthly journal entries, including accruals and corrections
- Prepare and analyze monthly variance reports and support financial reviews
- Calculate and distribute CAM reconciliations
- Review posting of cash receipts and tenant payments
- Assist with establishing, documenting, and reinforcing accounting procedures and internal controls
Qualifications:
- Bachelor’s degree in Accounting or Finance
- 7 years of accounting experience, preferably within commercial real estate, REIT, or publicly traded environments
- Strong understanding of general ledger accounting, accruals, lease accounting, and CAM reconciliations
- Experience supporting a multi-property or multi-site portfolio
- Advanced proficiency in Microsoft Excel
- Experience with property management or general ledger accounting systems (MRI or similar preferred)
Compensation:
$90,000-$105,000
Benefit offerings for full-time employment include medical, dental, vision
PTO is offered on an accrual basis
Paid Sick Leave where applicable by State law
If you are interested in this position or any other Accounting and Finance career opportunities, please apply and contact Kellie Sclafani at kellie.sclafani@lhh.com.
Equal Opportunity Employer/Veterans/Disabled
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Salary : $90,000 - $105,000