Staff Property Accountant

Trak Group • Cincinnati, OH

1d • Onsite

About The Position

We are seeking a Staff Property Accountant to support the full-cycle accounting of an assigned commercial real estate portfolio. This role is ideal for an early-career accounting professional who already has hands-on property accounting experience and is ready to take greater ownership of month-end close, financial reporting, tenant accounting, CAM reconciliations, and budgeting. This position offers direct exposure to senior leadership and close collaboration with Property Management and Asset Management. It is a full-time, on-site position in Cincinnati, Ohio and is not a hybrid or remote opportunity.

Requirements

• Bachelor's degree in Accounting, Finance, or a closely related field.
• 1–2+ years of property accounting experience within commercial real estate.
• Understanding of general ledger accounting, journal entries, reconciliations, and month-end close.
• Strong Microsoft Excel skills.
• Excellent attention to detail and commitment to financial accuracy.
• Strong analytical and problem-solving abilities.
• Ability to manage multiple properties, priorities, and deadlines.
• Strong written and verbal communication skills.
• Ability to work effectively both independently and as part of a collaborative team.

Nice To Haves

• Experience with MRI Software.
• Exposure to full-cycle accounting for a multi-property commercial real estate portfolio.
• Experience preparing or assisting with CAM reconciliations.
• Exposure to annual property budgeting and forecasting.
• Experience supporting financial audits.
• Advanced Excel skills, including pivot tables, VLOOKUP/XLOOKUP, and financial modeling.
• CPA designation or active pursuit of CPA licensure.

Responsibilities

• Serve as the primary accounting resource for assigned commercial properties.
• Perform month-end close activities, including journal entries, accruals, and account reconciliations.
• Prepare monthly and quarterly property-level financial statements and reporting packages.
• Prepare variance analyses and investigate unusual financial activity.
• Complete bank reconciliations and monitor property cash positions.
• Record and reconcile rental receipts and resolve discrepancies.
• Maintain accurate accounting records across a multi-property portfolio.
• Set up and maintain tenant ledgers based on executed lease agreements.
• Record rent, CAM, and other lease-related charges.
• Partner with Accounts Receivable and Property Management to address outstanding tenant balances.
• Assist with and prepare annual CAM reconciliations.
• Research discrepancies between lease terms, tenant billings, and accounting records.
• Review property operating and capital expenditure invoices for appropriate coding and documentation.
• Ensure invoices follow established approval processes.
• Maintain accurate records of property-level expenditures.
• Establish and maintain loan payment schedules and amortization tables.
• Maintain real estate tax accruals and track tax bills and payment deadlines.
• Analyze year-over-year real estate tax variances.
• Prepare schedules and documentation for annual audits.
• Assist external auditors with requested financial information.
• Support quarterly bank reporting and monthly construction management fee calculations.
• Monitor accounting and compliance deadlines and communicate potential issues proactively.
• Support preparation of annual property budgets.
• Assist with CAM, real estate tax, insurance, management fee, and capital expenditure projections.
• Partner with Property Management to ensure financial assumptions align with lease requirements and property operations.
• Prepare budget-to-actual variance analysis.
• Support reforecasting activities throughout the year.

Benefits

• Medical, dental, and vision benefits.
• Paid time off and holidays.
• Direct exposure to senior leadership.
• A collaborative, close-knit work environment.
• Opportunity for increased responsibility and career growth as the commercial real estate portfolio expands.

What This Job Offers

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