Property Accountant

Colliers • Milwaukee, WI

2d • Hybrid

About The Position

Colliers | Wisconsin is seeking a detail-oriented and analytical Property Accountant to support a portfolio of commercial real estate properties. This hybrid role is responsible for full-cycle accounting for assigned properties, including accurate financial reporting, budget management, tenant billing, and compliance with accounting standards. The Property Accountant works closely with Property Managers, clients, and tenants to support property performance and client satisfaction.

Requirements

• Bachelor's degree in Accounting, Finance, Business, or a related field preferred.
• At least 2 years of accounting experience required.
• Strong understanding of GAAP and financial reporting principles.
• Advanced proficiency in Microsoft Excel.
• Excellent analytical, organizational, and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Effective communication and customer service skills.
• Ability to build strong working relationships with internal teams, clients, and vendors.

Nice To Haves

• Experience in commercial real estate, property accounting, or real estate finance.
• Experience with Yardi, MRI, RealPage, or similar property management/accounting software.
• Knowledge of CAM reconciliations, lease accounting, and commercial real estate operations.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements for assigned property portfolios.
• Complete month-end and year-end closing processes, including journal entries and account reconciliations.
• Analyze income statements, balance sheets, and general ledger activity for accuracy and completeness.
• Reconcile bank accounts, operating accounts, and security deposit accounts.
• Maintain accurate property financial records in accordance with company policies and accounting principles.
• Assist Property Managers with annual budgets and operating forecasts.
• Monitor actual performance against budget and identify variances.
• Provide financial analysis and recommendations to support operational and strategic decisions.
• Prepare and process tenant billings, rent adjustments, and additional rent reconciliations.
• Calculate and reconcile Common Area Maintenance (CAM), real estate tax, insurance, and operating expense recoveries.
• Review lease agreements and ensure accurate implementation of lease terms within the accounting system.
• Respond to tenant and client inquiries regarding billing and account activity.
• Review and process invoices for payment in a timely and accurate manner.
• Monitor accounts receivable balances and partner with Property Managers on collection efforts.
• Maintain vendor records and ensure compliance with internal controls and approval processes.
• Collaborate with Property Managers to support financial operations and reporting requirements.
• Prepare ownership reports and customized financial analyses as requested by clients.
• Assist with internal and external audits.
• Support property acquisitions, dispositions, and transitions as needed.

Benefits

• Medical, dental, and vision insurance.
• 401(k) plan with company match.
• Paid time off and paid holidays.
• Health savings and flexible spending accounts.
• Life and disability insurance.
• Employee Assistance Program (EAP).
• Professional development and career advancement opportunities.
• Competitive compensation package.
• Collaborative, entrepreneurial culture focused on accelerating the success of employees and clients.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level