Property Accountant

Commercial Property Accounting

• Review commercial property invoices for appropriate coding and processing payment.
• Process late fees, interest charges, billing adjustments and other charges as directed by Asset Management.
• Prepare and enter commercial property related journal entries to accurately account for all costs.
• Bill back tenants for services and utility expenses.
• Manage the monthly rent invoice processing and receipts.
• Monitor tenant AR details for non-payments, delayed payments and other irregularities, and assist Asset Management in identifying collection issues.
• Track assigned commercial property budgets and lead monthly budget meetings to identify and discuss any cost/budget issues.
• Review and ensure property expenses are properly recorded in a timely manner.
• Prepare year-end work papers for commercial properties to facilitate the tax return preparation.
• Reconcile commercial property budget and final cost reports and prepare yearly close-out.
• Reconcile commercial bank accounts monthly.
• Ensure leases are abstracted accurately and entered in NetSuite in a timely manner.
• Prepare the CAM Reconciliations for Controller and AM to review.
• Maintain internal controls, monitor controls at the property level, and make recommendations for improvements when necessary.
• Provide ad hoc analysis and reporting as needed.