Staff Accountant with Commercial Real Estate Experience

LT Staffing • Westport, MA

9d

About The Position

The Staff Accountant is responsible for the day-to-day accounting and financial reporting for a portfolio of commercial properties. Key priorities include maintaining the accuracy of the general ledger, managing tenant billings, and ensuring compliance with lease agreements and GAAP standards.

Requirements

• Bachelor’s degree in Accounting or Finance
• 1-3 years of accounting experience; preference for candidates with a background in property management or construction
• Advanced knowledge of SAGE 300 is highly preferred, alongside advanced Excel skills (Pivot Tables, VLOOKUPs)
• Deep understanding of GAAP, especially revenue recognition and lease accounting standards

Nice To Haves

• preference for candidates with a background in property management or construction
• Advanced knowledge of SAGE 300 is highly preferred, alongside advanced Excel skills (Pivot Tables, VLOOKUPs)

Responsibilities

• Prepare accurate monthly, quarterly, and annual financial statements, including balance sheets and income statements for assigned assets.
• Update and audit property rent rolls to track income and vacancies.
• Calculate and reconcile Common Area Maintenance (CAM), property tax, and insurance "true-ups" billed to tenants.
• Review lease abstracts to ensure proper setup of rent escalations and expense recoveries.
• Perform monthly bank and balance sheet reconciliations.
• Record journal entries for accruals, depreciation, and straight-line rent.
• Oversee full-cycle AP, ensuring correct GL coding for property-level expenses.
• Manage AR collections, tenant billings, and security deposit processing.
• Assist property managers in preparing annual operating budgets.
• Conduct variance analysis to explain differences between budgeted and actual performance.
• Prepare schedules and work papers for external audits and annual tax filings.

What This Job Offers

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