What are the responsibilities and job description for the Property Accounting Manager position at Recruiting Solution Incorporated?
Property Accounting Manager
San Francisco, CA | $110,000–$150,000 Bonus
Hybrid | Full-Time
Our client, a rapidly expanding San Francisco real estate investment firm, is seeking an experienced Property Accounting Manager to oversee accounting for a two-building Class A commercial office complex. This is an exceptional opportunity for someone who loves hands-on property accounting, enjoys partnering with operations, and wants to grow within a fast-moving real estate organization.
🌟 About the Company
The firm is known for its strong track record in hospitality and commercial real estate, owning and operating 40 hotels, including luxury resorts and premium-branded select-service properties. With a growing office portfolio in San Francisco, this is a great time to join a dynamic and expanding organization.
💼 Why This Role Is a Great Fit
- Work closely with a long-tenured and highly respected property management team
- Gain broad exposure to leasing, construction, tenant improvements, and renovation accounting
- Enjoy strong career growth potential as the firm continues expanding its commercial real estate holdings
- High visibility role with direct impact on operations and financial performance
🚀 The Opportunity
As the Property Accounting Manager, you will lead full-cycle property accounting, ensure accurate financial reporting, and support operational decisions for two major office assets. You will partner closely with the General Manager, leasing team, and construction managers while owning key processes including lease administration, CAM reconciliations, construction draws, capital project tracking, and cash flow reporting.
This role is perfect for someone who thrives in a hands-on environment and wants to build deep expertise in commercial office accounting.
🔑 Key Responsibilities
- Manage all day-to-day property accounting, including GL, journal entries, accruals, and monthly close
- Implement policies and procedures
- Prepare monthly/quarterly financial reports and variance analysis
- Oversee lease setup, rent schedules, and tenant billing in MRI or Yardi
- Lead CAM reconciliations, straight-line rent schedules, and recovery analysis
- Prepare monthly construction draws and coordinate lender submissions
- Track tenant improvements, capital projects, leasing commissions, and amortization schedules
- Support annual budgets, reforecasts, cash flow projections, and operational planning
- Develop process improvements, checklists, and streamline workflows
- Partner with property management on ad-hoc financial and operational projects
🎓 Qualifications
- Bachelor’s degree in Accounting, Finance, or related field
- 7 years of commercial property accounting experience (office preferred)
- Deep understanding of lease structures, CAM, tenant billing, and straight-line rent
- Excellent communication, organization, and analytical skills
- Proactive, detail-oriented, and comfortable working in a fast-paced environment