Commercial Real Estate Accountant

Howard Hanna Real Estate Services•Cleveland, OH

4d•Onsite

About The Position

Commercial Real Estate, Cleveland, Ohio Join a Growing Team Where Your Work Makes an Impact At Hanna Commercial Real Estate, we're committed to providing exceptional property management services through teamwork, accountability, and outstanding client service. We're seeking an energetic, detail-oriented Accountant who enjoys taking ownership of their work, solving problems, and partnering with Property Managers to support a diverse portfolio of commercial properties. If you're looking for a position where your ideas are valued, your work makes a difference, and you'll be part of a collaborative, supportive team, we'd love to meet you. Position Summary The Property Accountant is responsible for the financial management of an assigned portfolio of commercial real estate properties. This role works closely with Property Managers to deliver accurate financial reporting, maintain tenant accounts, develop budgets, manage cash flow, and provide exceptional service to property owners and tenants. Success in this position requires strong accounting knowledge, excellent organizational skills, initiative, and the ability to manage multiple priorities while maintaining exceptional accuracy.

Requirements

Bachelor's degree in Accounting or Finance.
Three or more years of accounting experience (commercial real estate accounting preferred).
Strong understanding of accounting principles and financial reporting.
Experience with budgeting and financial analysis.
Excellent Microsoft Excel skills
Strong analytical, organizational, and communication skills.

Nice To Haves

Experience with property management/accounting software is preferred.

Responsibilities

Prepare monthly financial statements and supporting schedules.
Complete bank reconciliations, journal entries, and general ledger analysis.
Analyze monthly operating results and explain budget variances.
Prepare customized owner reports and financial packages.
Maintain tenant accounts, recurring charges, and lease information.
Process tenant billings and assist with account reconciliations.
Respond professionally to tenant and Property Manager inquiries.
Review rent rolls and ensure billing accuracy.
Review invoice coding and payment processing.
Monitor property cash balances.
Assist with owner distributions, funding requests, and mortgage payments.
Maintain accurate banking records and reconciliations.
Assist in preparing annual operating budgets.
Update financial forecasts throughout the year.
Analyze financial trends and recommend adjustments.
Partner with Property Managers to improve forecasting accuracy.
Prepare annual CAM, CPI, and escalation reconciliations.
Calculate tenant recoveries and lease adjustments.
Review lease provisions to ensure accurate billing.
Build strong working relationships with Property Managers, owners, tenants, and fellow accounting team members.
Identify opportunities to improve processes and increase efficiency.
Participate in departmental projects and assist teammates when needed.
Maintain the highest level of professionalism, accuracy, and customer service.