Property Accountant - Commercial Real Estate

The Buncher Company•Pittsburgh, PA

17h

About The Position

The Property Accountant is responsible for managing the day-to-day financial operations for a portfolio of commercial properties. This experienced role ensures accurate financial reporting, compliance with GAAP, and effective collaboration with property management, asset management, and external partners. The Property Accountant plays a key role in maintaining the financial integrity of assigned properties and supporting strategic decision-making through timely and accurate financial information. This position reports to the Controller.

Requirements

Bachelor’s degree in Accounting, Finance, or related field.
A minimum of 5 years of property accounting experience, preferably in commercial real estate.
Strong knowledge of income tax, GAAP and real estate accounting principles.
Proficiency in property management software (Yardi, MRI) and advanced Microsoft Excel skills.
Strong communication skills with the ability to translate complex financial data into clear, concise, and compelling messaging for diverse internal and external audiences.
Proven ability to manage multiple properties and deadlines in a fast-paced environment.
Strong analytical, organizational, and problem-solving skills.
Excellent attention to detail and accuracy

Nice To Haves

CPA preferred but not required.

Responsibilities

Manage full-cycle accounting for a portfolio of commercial properties, including office, industrial, and retail assets.
Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
Record and reconcile general ledger activity, including accruals, journal entries, and reconciliation.
Coordinate month close processes and ensure timely reporting deadlines are met
Oversee cash management, including bank reconciliations and cash flow tracking.
Prepare annual operating budgets and periodic forecasts in collaboration with asset management and property management teams.
Analyze budget-to-actual variance, provide explanations and recommendations; and assist with annual budgeting and forecasting.
Review abstract lease agreements for financial obligations, and manage common area maintenance (CAM) reconciliations and tenant billings, as applicable.
Support audits and tax preparation reporting requirements.
Ensure compliance with internal controls, company policies, and applicable regulations
Collaborate with property managers and leadership to provide financial insights.