Property Accountant Austin, TX

Property Accountant

We are looking for a detail-oriented Property Accountant to oversee financial reporting and month-end activities for a portfolio of commercial or residential assets in Austin, Texas. This position plays a key role in maintaining accurate property-level records, analyzing performance against budget, and supporting investor and audit reporting. The ideal candidate brings strong knowledge of accrual-based accounting, financial statement relationships, and the practical application of core accounting principles within a real estate environment.

Responsibilities:

• Manage the complete monthly and quarterly close process for a portfolio of 8 to 10 properties, ensuring records are accurate and deadlines are met.
• Prepare journal entries, record cash activity, and complete bank and balance sheet reconciliations as part of routine accounting operations.
• Examine property financial results against budget expectations and provide clear explanations for notable variances.
• Review invoices for correct general ledger classification and determine whether costs should be recorded as operating expenses or capitalized assets.
• Produce investor reporting on a monthly, quarterly, and annual basis, with the ability to explain the financial results and supporting details.
• Partner with external auditors during the annual audit by responding to requests and delivering complete, timely, and accurate documentation.
• Contribute to the annual budgeting process by entering relevant data into budget templates and ensuring amounts are properly calculated and supported.
• Support accounting-related projects independently and, over time, assist with reviewing the month-end work of other accountants for quality and completeness.
• Use property accounting systems effectively, including adapting to Yardi as needed within ongoing accounting operations.