Property Accountant

Our client is a real estate firm captivating range of retail, office, residential, and innovative workspace options within Houston's urban core through nationally acclaimed adaptive re-use projects. They have unwavering commitment to revitalizing, refurbishing, and reimagining historic edifices, resulting in dynamic and invigorating settings tailored for the city's foremost creative minds, professionals, and artists.

Ideal candidates should have:

• Bachelor’s degree in accounting, finance or related field, MBA or other related degree preferred
• At least 5 years of accounting in commercial or residential property accounting
• Knowledgeable in accounting practices and generally accepted accounting principles (GAAP)
• Excellent communication skills and ability to develop relationships with property managers, leasing staff and other senior executives
• Proficient in Microsoft Excel, Word, PowerPoint and Yardi

Key Responsibilities:

• Manage the monthly, quarterly and annual financial close processes, including the preparation of financial statements, balance sheets and cash flow statements
• Monitor and reconcile accounts payable and accounts receivable processes, ensuring that invoices are submitted and processed in a timely manner and that payments are received in accordance with the lease terms
• Coordinate with property managers and leasing agents to ensure that financial reports are accurate and that lease administration and reconciliation processes are executed in a timely and accurate manner
• Perform analysis of property financial performance including revenue and expense comparisons to budget and forecast and projection analysis as needed to identify and mitigate variances
• Assist in the development and implementation of policies, procedures and guidelines for accounting-related activities and financial reporting for the company and its various properties
• Collaborate in creating annual operating and capital expense budgets, project capital expenditures and other items as needed with input from property teams
• Responsible for ensuring regulatory compliance in tax and other areas and maintaining accurate and up-to-date financial records
• Maintaining third-party Excel templates for lease administration and analysis purposes
• Work cross functionally with other teams in the company including Property Management, Asset Management, and other departments