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Property Accountant

FocusPoint®
Brooklyn, NY Full Time
POSTED ON 2/1/2025
AVAILABLE BEFORE 3/2/2025
Job Title: Property Accountant

Location: Brooklyn, NY

Employment Type: Full-Time

Pay: Up to $100,000/yr

About FOCUSPOINT

FOCUSPOINT specializes in connecting top-tier professionals with exceptional opportunities in accounting, finance, and technology. We prioritize building meaningful connections, ensuring candidates find roles that align with their skills, goals, and passions.

Job Overview

As a Property Accountant, you'll play a vital role in providing financial and accounting support to a dynamic property management team and clients. This position is ideal for detail-oriented professionals with a background in commercial real estate accounting who thrive in collaborative environments and are eager to grow in their careers. You'll be responsible for maintaining accurate financial records, preparing reports, analyzing financial data, and supporting decision-making processes.

Key Responsibilities

  • Financial Reporting: Prepare and distribute monthly financial reports and statements.
  • Accounts Receivable: Record payment receipts, review and bill tenant recurring charges, reconcile tenant ledgers, and monitor collections.
  • Accounts Payable: Process invoices with proper coding and approvals, assist in monthly check runs, and maintain a thorough audit trail.
  • Tenant Billing: Review leases to ensure accurate billing and process invoices for utilities, reimbursements, and other tenant-related charges.
  • Budgeting: Assist with annual budget preparation, including compiling assumptions, maintaining lease-level budgets, and estimating miscellaneous income.
  • Quarterly Forecasting: Prepare quarterly forecasts and contribute to financial reports.
  • Year-End Reconciliation: Handle CAM, percentage rent, insurance utilities, sewer/trash, and real estate tax reconciliations.
  • Ad Hoc Projects: Participate in special projects as assigned.

Qualifications

  • Bachelor's degree in Accounting or a related field.
  • 3-5 years of commercial real estate accounting experience.
  • Proficiency in Yardi real estate accounting software is required.
  • Strong knowledge of Microsoft Office, particularly Excel.
  • Exceptional organizational, analytical, and problem-solving skills.
  • Ability to adapt to a dynamic environment and handle ambiguity with confidence.

Key Competencies:

  • Adaptability to changing environments and responsibilities.
  • Strong planning and organizational skills for achieving goals efficiently.
  • Client-focused mindset with excellent relationship-building skills.
  • Ability to thrive under uncertainty and take initiative in unfamiliar situations.
  • Results-driven attitude with a proactive approach to problem-solving.

Benefits

  • Flexible schedule
  • PTO and Company Holidays
  • 401(k) with matching company contributions
  • Paid parental leave at 100% of salary
  • Health insurance
  • Health savings account
  • Dental insurance
  • Vision insurance

Salary : $100,000

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