Property Accountant

JLL•Jersey City, NJ

3d•Onsite

About The Position

Join JLL's dynamic property management team as a Property Accounting Specialist, where you'll serve as a cornerstone of financial operations for commercial real estate portfolios. In this pivotal role, you'll deliver comprehensive accounting and reporting support while functioning as a key strategic member of the management team. You'll be instrumental in driving financial accuracy, supporting property managers with critical business insights, and ensuring seamless fiscal operations that directly contribute to JLL's reputation for excellence in property management. This position offers the opportunity to work with diverse commercial properties, collaborate with clients and internal teams, and make a meaningful impact on property performance through expert financial stewardship.

Requirements

Bachelor's degree
Minimum 5 years of commercial real estate accounting experience with demonstrated expertise in property-level financial operations
Experience with real estate accounting software platforms such as Yardi or MRI
Strong knowledge of commercial lease structures, CAM reconciliations, and tenant billing processes
Proven ability to manage multiple properties and coordinate complex financial processes simultaneously
Proficiency in Microsoft Office Suite, particularly advanced Excel skills for financial modeling and analysis
Excellent analytical and problem-solving skills with keen attention to detail and accuracy

Nice To Haves

Experience working with institutional property owners or large commercial real estate portfolios
Familiarity with property management operations and industry best practices
Strong communication skills for client interaction and cross-functional collaboration
Experience with budget preparation and financial forecasting in commercial real estate
Knowledge of generally accepted accounting principles (GAAP) as applied to real estate
Demonstrated ability to work effectively in fast-paced, deadline-driven environments

Responsibilities

Prepare and analyze monthly financial reports including journal entries, financial statements, and bank reconciliations to ensure accurate property-level accounting
Support annual budget development by compiling key assumptions, maintaining lease-level budgeting, and coordinating budget input into accounting systems
Manage the full accounts receivable cycle including monitoring cash receipts, reviewing tenant recurring charges, and processing billing adjustments
Oversee accounts payable processes by reviewing invoice coding and approvals while maintaining proper audit trails for all transactions
Coordinate year-end reconciliation processes for CAM charges, percentage rent, insurance, utilities, and real estate taxes
Serve as the primary liaison with client finance teams and provide training to team members on accounting software systems
Assist property managers with variance report preparation and quarterly re-forecasting to support strategic decision-making