Property Accountant

Kuester Management Group, LLC•Fort Mill, SC

About The Position

The Property Accountant supports the financial operations of Kuester Real Estate Services, handling day-to-day accounting with a focus on accounts payable, CAM reconciliations, monthly reporting, and investor- and property-level distributions. The role also assists the Controller with higher-level financial tasks, audits, and coordination with outside CPA firms for tax return preparation. The position is suited to a detail-oriented, deadline-driven accountant familiar with real estate property management and development accounting.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field, or equivalent work experience.
At least 3 years of accounting experience; accounting experience is required.
Experience with AvidPay or similar accounts payable automation/payment systems.
Strong understanding of CAM reconciliations, tenant billing, monthly reporting, investor and property distributions, and tax preparation support.
Proficiency in Microsoft Excel and accounting software.
Strong organizational skills, attention to detail, and ability to manage multiple priorities.

Nice To Haves

Experience in real estate, property management, or development accounting.
Experience with Rent Manager.
Knowledge of commercial and multifamily property accounting.
Ability to analyze lease terms for financial implications.
Experience preparing investor reports or lender compliance packages.
Prior experience supporting CPA firms during tax season.

Responsibilities

Process vendor invoices and payments using AvidPay and other payment platforms; review and reconcile vendor statements, resolve discrepancies, maintain vendor records, and code invoices to properties, GL accounts, and cost centers.
Prepare and review monthly financial statements for assigned properties, including accruals and variance analysis.
Perform CAM reconciliations for commercial properties in accordance with lease agreements.
Reconcile tenant charges and bill-backs, including utilities, insurance, and tax reimbursements.
Assist in preparing annual property budgets and forecasts.
Prepare and distribute monthly reporting packages to management, owners, and investors.
Develop and maintain property- and portfolio-level budgeting models to track performance against projections.
Prepare cash flow reports and forecasts for operational liquidity, debt service, and distributions.
Calculate and process monthly and quarterly investor distributions in accordance with ownership agreements.
Manage property-level distributions, including owner draws, preferred returns, and waterfall calculations; maintain records of distribution schedules, investor contributions, and returns.
Record journal entries, bank reconciliations, and intercompany transactions; support month-end and year-end close.
Assist with quarterly and annual financial reports.
Coordinate with outside CPA firms by providing supporting documentation, tax schedules, ownership details, and property-level financials for annual tax returns.
Ensure accounting records align with tax reporting requirements.
Support the Controller with consolidated reports, investor communications, lender packages, cash flow monitoring, loan compliance, and corporate reporting.
Support internal and external audits by providing requested schedules and reconciliations on time.
Collaborate with the Controller on special projects, system improvements, and process standardization.
Maintain documentation and support for audits and internal reviews; identify and implement process improvements to improve accuracy and efficiency.