Property Accountant

Senior Property Accountant

Location: Washington, DC

Work Model: In‑Office (with potential flexibility after training, discussed during interview)

Reports To: Property Accounting Leadership

Position Overview

The Senior Property Accountant is responsible for independently managing the full accounting lifecycle for a commercial real estate portfolio. This role serves as the financial subject‑matter expert for assigned properties and partners closely with Property Managers, Lease Administration, and Accounting Leadership to ensure accurate, timely, and audit‑ready financial reporting.

This position requires a plug‑and‑play, senior‑level professional who is comfortable operating with minimal oversight, researching and resolving issues independently, and supporting a fast‑paced, detail‑driven environment.

Key Responsibilities

Property Accounting & Month‑End Close

• Perform full month‑end close for assigned properties
• Prepare and review journal entries, accruals, and adjustments
• Complete general ledger, balance sheet, and bank reconciliations
• Ensure financial statements are accurate and delivered on schedule

CAMs, Reconciliations & Tenant Recoveries

• Prepare CAM reconciliations and detailed recovery calculations
• Research historical accounting treatments and resolve discrepancies
• Respond to tenant audits, inquiries, and recoverable expense questions
• Maintain complete and well‑supported reconciliation files

Budgets & Forecasting

• Prepare and maintain annual property budgets
• Support forecasts and variance analysis throughout the year
• Partner with Property Managers on budget assumptions and recoveries

Lease & System Coordination

• Partner with Lease Administration to ensure executed lease terms are accurately reflected in the accounting systems
• Review lease abstracts and amendments from an accounting perspective
• Maintain accuracy across accounting platforms (e.g., MRI, Kardin)

Collaboration & Support

• Act as the primary accounting contact for assigned Property Managers
• Support internal and external audits as needed
• Collaborate with accounting leadership and client accounting teams
• Contribute to process improvements and best practices

What Success Looks Like

• Clean, timely month‑end closes with minimal rework
• Accurate CAMs, reconciliations, and budgets
• Ability to resolve issues independently without escalation
• Strong, trusted partnerships with Property Managers
• Accounting systems that are always audit‑ready

Qualifications

Required

• 5 years of commercial property accounting experience
• Proven experience owning a property portfolio independently
• Strong familiarity with:
• Month‑end close
• CAM reconciliations
• Budgets and recoveries
• Advanced Excel skills
• Experience with MRI; experience with Kardin or similar systems preferred
• Ability to read and interpret lease documents from an accounting perspective

Preferred

• Experience with office, retail, or mixed‑use portfolios
• Prior exposure to tenant audits and recoverable expense reviews
• Experience working in lean or growing accounting teams
• Comfortable working