Property Accountant

Shopping Center Management d b a Turnberry Associates•Aventura, FL

40d

About The Position

Turnberry is seeking a motivated detail-oriented Property Accountant to join our accounting team supporting a portfolio of commercial retail properties. This entry-level role is ideal for someone who enjoys working in a dynamic, fast-paced real estate environment and wants to grow their career in commercial real estate accounting and financial analysis. The ideal candidate will assist in the full-cycle monthly financial reporting and general ledger maintenance. This will include variance analysis, review of CAM reconciliations, budgeting support, and coordination with internal and external stakeholders. This role requires strong technical accounting skills, attention to detail, and the ability to manage complex property-level financial data. The Staff Accountant will be expected to work both independently and collaboratively in a fast-paced, deadline-oriented environment.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
CPA designation or CPA track preferred.
Minimum 1–3 years of progressive accounting experience, with at least 1 years in a real estate or property accounting role.
Strong knowledge of GAAP; knowledge of real estate-specific accounting rules (e.g., ASC 842) preferred.
Proficiency in property management accounting platforms (Yardi, MRI, RealPage, etc.).
Advanced Excel skills including pivot tables, VLOOKUPs, and data analysis tools.
Strong organizational skills with the ability to manage multiple properties and deadlines.
Excellent written and verbal communication skills.
Demonstrated problem-solving ability and critical thinking.

Nice To Haves

Experience in commercial real estate, retail, or multifamily housing portfolios.
Exposure to development or construction accounting.
Familiarity with partnership accounting, REIT structures, or fund-level consolidations.

Responsibilities

Prepare and review property-level financial statements in accordance with GAAP and company policies.
Process monthly journal entries including accruals, amortization, depreciation, and adjustments.
Maintain and reconcile general ledger accounts, ensuring accuracy and completeness.
Perform bank reconciliations and ensure timely resolution of variances.
Prepare and reconcile intercompany transactions and ensure proper eliminations.
Review and analyze CAM charges and adjustments in accordance with lease terms.
Assist in the review of annual CAM, tax, and insurance reconciliations.
Ensure accuracy of tenant ledgers, billings, and accounts receivable balances.
Prepare monthly, quarterly and annual financial statements in accordance with GAAP.
Prepare monthly variance analysis comparing actuals to budget and forecast.
Identify and explain significant fluctuations in revenue and expenses.
Prepare ad hoc financial reports as requested by property management or leadership.
Assist with preparation and analysis of KPI dashboards for asset performance.
Support the annual budgeting process by compiling historical financial data and preparing budget templates.
Collaborate with property and asset managers to validate budget assumptions.
Assist with quarterly reforecasting processes.
Ensure accounting treatment aligns with lease terms, internal policies, and GAAP.
Assist with preparation of audit schedules and serve as a liaison with external auditors.
Participate in periodic internal control assessments and recommend process improvements.
Maintain organized records and audit trails for all accounting activity.
Partner with Property Management to support operational needs, verify tenant move-ins/move-outs, abatements, lease changes and resolve discrepancies.
Collaborate with Treasury and AP/AR teams to ensure accurate cash and vendor management.
Serve as an accounting resource for internal teams during acquisitions, dispositions, and refinancing events.