Vaco

About the Role:

An established real estate firm is seeking a Senior Property Accountant to manage the financial reporting and accounting operations for a designated portfolio of properties. This position is ideal for a seasoned accountant with property management experience who thrives in a collaborative, detail-oriented environment. The role involves preparing monthly financial reports, managing tenant billings, reviewing payables, assisting with budgets, and ensuring compliance with accounting standards and internal procedures.

Key Responsibilities:

• Manage accounting activities for a portfolio of approximately 20 commercial properties.
• Prepare and post general ledger entries, including recurring and accrual items, as part of the monthly financial close process.
• Reconcile balance sheet accounts using Excel-based workpapers.
• Respond to internal and external inquiries, including those from banks, property managers, and tenants.
• Oversee monthly tenant rent billing and work closely with property management to resolve delinquencies.
• Review and approve accounts payable transactions and release payments based on available funds.
• Contribute to the annual budgeting process by entering fixed operating costs, debt service, depreciation, and leasing costs.
• Support the Controller with bank reconciliations and cash receipt monitoring.
• Provide guidance to junior staff and troubleshoot accounting issues as needed.
• Partner with other departments and respond to requests for financial data and reporting.

Qualifications:

• BA in Accounting or a related field.
• Minimum of 5 years of experience in property accounting, preferably in a commercial real estate environment.
• Familiarity with Yardi Voyager or a similar property management accounting platform is preferred.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.