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Property Accountant

CFS, Boston, MA, United States

Duration: Full Time


Creative Financial Staffing has partnered with a growing real estate firm in downtown Boston on their search for a Property Accountant. Our client specializes in the acquisition, development, and management of commercial real estate across the United States.


Property Accountant Highlights:



  • Growing yet stable boutique commercial real estate company

  • Accounting department team gets exposed to various areas of accounting analysis outside of pure property accounting (i.e. development accounting, budgeting, forecasting and analysis).

  • Great modern office and location in downtown Boston

  • Strong company culture that is very employee-centric, with very little turnover


Property Accountant Responsibilities:



  • Prepare annual building budgets including revenue projections, operating expenses, and capital improvement programs (in consultation with the Property Manager)

  • Prepare monthly financial reports/balance sheets/cash flow analyses/operating expense analyses for internal use and investor reporting

  • Oversee cash management for all entities

  • Support audits

  • Prepare and maintain general ledger and reconcile accounts

  • Prepare bank reconciliations and Tenant CAM & Real Estate Tax calculations

  • Review, set up and maintain property tenants on MRI software.

  • Maintain knowledge of tenant leases (i.e. rent increases, options, special clauses, letter of credit).

  • Prepare distributions and maintain priority return schedules.

  • Prepare annual workpapers and work with external auditors.


Property Accountant Requirements:



  • Bachelor’s degree preferred

  • 3+ years of relevant accounting experience Excellent written and verbal communication skills

  • Experience with Yardi, MRI preferred.

  • Hybrid schedule, 3 days in office

  • Highly competitive benefits




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