Property Accountant
Jersey Digs, Jersey City, NJ, United States
Property Accountant – JLL
Location : Onsite – Jersey City, NJ
What This Job Involves
As a Property Accountant, you’ll serve as a vital financial partner to our property management teams, delivering comprehensive accounting and reporting support that drives informed decision-making. This role places you at the intersection of finance and operations, where your expertise in real estate accounting will directly impact property performance and client satisfaction. You’ll work collaboratively with property managers, client finance teams, and regional leadership to ensure financial accuracy, timely reporting, and seamless operational execution.
What Your Day-to-day Will Look Like
Prepare and distribute monthly financial packages including journal entries, financial statements, bank reconciliations, escalation billing, and CAM reconciliations to ensure accurate reporting and compliance with lease terms.
Oversee the accounts receivable process by monitoring cash receipts, reviewing tenant billing for recurring charges and adjustments, and coordinating with property managers to maintain optimal collection performance.
Manage the accounts payable workflow by reviewing invoice coding and approvals, ensuring proper audit trails are maintained, and coordinating timely payment processing.
Support annual budget preparation and quarterly re‑forecasting by compiling key assumptions, maintaining lease‑level budget details, coordinating system input, and tracking management and construction fees for regional planning.
Review lease documents and critical dates to ensure billing accuracy, prepare annual estimated operating expenses for tenant billing, and assist property managers with monthly variance analysis.
Serve as the primary point of contact for client finance teams, coordinating audit support, payroll reporting, and responding to financial inquiries with professionalism and accuracy.
Provide training and guidance to team members on accounting software platforms and best practices to enhance team capabilities and operational efficiency.
Required Qualifications
Bachelor’s degree in Accounting, Finance, or related field from an accredited institution.
Minimum 5 years of experience in real estate accounting, with demonstrated knowledge of property-level financial management, tenant billing processes, and CAM reconciliations.
Proficiency with real estate accounting software platforms such as Yardi, MRI, or Kardin, including the ability to navigate complex reporting structures and system workflows.
Advanced Microsoft Excel skills including pivot tables, VLOOKUP functions, and financial modeling capabilities for budgeting and forecasting activities.
Strong understanding of Generally Accepted Accounting Principles (GAAP) and their application to commercial real estate operations, lease accounting standards, and financial statement preparation.
Preferred Qualifications
Experience supporting multiple properties or portfolios simultaneously, demonstrating the ability to prioritize competing demands and meet concurrent deadlines.
Familiarity with lease administration principles and the ability to interpret lease language related to pass‑throughs, escalations, percentage rent, and recovery provisions.
Exposure to client‑facing interactions and demonstrated ability to build effective working relationships with property management teams and external stakeholders.
Knowledge of construction management fee tracking, capital budget coordination, or development accounting processes.
Experience participating in external audits or due diligence processes, including preparation of supporting documentation and responses to auditor inquiries.
Estimated Compensation For This Position
105,000.00 – 115,000.00 USD per year
This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.
Personalized Benefits That Support Personal Well‑being And Growth
401(k) plan with matching company contributions
Comprehensive Medical, Dental & Vision Care
Paid parental leave at 100% of salary
Paid Time Off and Company Holidays
Early access to earned wages through Daily Pay
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Location : Onsite – Jersey City, NJ
What This Job Involves
As a Property Accountant, you’ll serve as a vital financial partner to our property management teams, delivering comprehensive accounting and reporting support that drives informed decision-making. This role places you at the intersection of finance and operations, where your expertise in real estate accounting will directly impact property performance and client satisfaction. You’ll work collaboratively with property managers, client finance teams, and regional leadership to ensure financial accuracy, timely reporting, and seamless operational execution.
What Your Day-to-day Will Look Like
Prepare and distribute monthly financial packages including journal entries, financial statements, bank reconciliations, escalation billing, and CAM reconciliations to ensure accurate reporting and compliance with lease terms.
Oversee the accounts receivable process by monitoring cash receipts, reviewing tenant billing for recurring charges and adjustments, and coordinating with property managers to maintain optimal collection performance.
Manage the accounts payable workflow by reviewing invoice coding and approvals, ensuring proper audit trails are maintained, and coordinating timely payment processing.
Support annual budget preparation and quarterly re‑forecasting by compiling key assumptions, maintaining lease‑level budget details, coordinating system input, and tracking management and construction fees for regional planning.
Review lease documents and critical dates to ensure billing accuracy, prepare annual estimated operating expenses for tenant billing, and assist property managers with monthly variance analysis.
Serve as the primary point of contact for client finance teams, coordinating audit support, payroll reporting, and responding to financial inquiries with professionalism and accuracy.
Provide training and guidance to team members on accounting software platforms and best practices to enhance team capabilities and operational efficiency.
Required Qualifications
Bachelor’s degree in Accounting, Finance, or related field from an accredited institution.
Minimum 5 years of experience in real estate accounting, with demonstrated knowledge of property-level financial management, tenant billing processes, and CAM reconciliations.
Proficiency with real estate accounting software platforms such as Yardi, MRI, or Kardin, including the ability to navigate complex reporting structures and system workflows.
Advanced Microsoft Excel skills including pivot tables, VLOOKUP functions, and financial modeling capabilities for budgeting and forecasting activities.
Strong understanding of Generally Accepted Accounting Principles (GAAP) and their application to commercial real estate operations, lease accounting standards, and financial statement preparation.
Preferred Qualifications
Experience supporting multiple properties or portfolios simultaneously, demonstrating the ability to prioritize competing demands and meet concurrent deadlines.
Familiarity with lease administration principles and the ability to interpret lease language related to pass‑throughs, escalations, percentage rent, and recovery provisions.
Exposure to client‑facing interactions and demonstrated ability to build effective working relationships with property management teams and external stakeholders.
Knowledge of construction management fee tracking, capital budget coordination, or development accounting processes.
Experience participating in external audits or due diligence processes, including preparation of supporting documentation and responses to auditor inquiries.
Estimated Compensation For This Position
105,000.00 – 115,000.00 USD per year
This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.
Personalized Benefits That Support Personal Well‑being And Growth
401(k) plan with matching company contributions
Comprehensive Medical, Dental & Vision Care
Paid parental leave at 100% of salary
Paid Time Off and Company Holidays
Early access to earned wages through Daily Pay
#J-18808-Ljbffr