Property Accountant

MCB Real Estate ("MCB") is a privately held, fully integrated national real estate investment and development firm headquartered in Baltimore, Maryland. As a vertically integrated organization with in-house development, construction, and commercial property management capabilities, MCB is involved in every stage of the real estate investment lifecycle. MCB manages approximately $4 billion in real estate assets on behalf of a primarily institutional investor base.

MCB believes in merit‑based employment decisions that provide equal access to all employees and applicants, including ensuring that this access prohibits unlawful discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Additionally, we are committed to fostering, cultivating, and preserving a workplace culture that respects each individual employee’s contribution to our workplace. We embrace and encourage our employees’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique.

This employment practice applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

The Property Accountant is responsible for the accounting, financial reporting, and cash management activities for an assigned portfolio of commercial real estate assets. This role supports the monthly close process, preparation of financial statements, account reconciliations, and budgeting activities. The Property Accountant partners closely with Property Management, Asset Management, Lease Administration, Accounts Payable, and other internal stakeholders to ensure accurate financial reporting and strong financial controls across the portfolio.

The ideal candidate is detail-oriented, motivated, and capable of managing multiple priorities in a fast‑paced environment while continuously seeking opportunities for process improvement.

• Prepare monthly journal entries, accruals, and account reconciliations for assigned properties
• Maintain property general ledgers and ensure the accuracy and completeness of financial information
• Assist with the monthly, quarterly, and annual financial close process
• Prepare monthly financial statements, supporting schedules, and variance analyses
• Research and resolve accounting discrepancies and unusual account activity
• Ensure transactions are recorded in accordance with GAAP and company accounting policies

• Monitor property cash balances and assist with cash flow management activities
• Prepare or review monthly bank reconciliations and investigate reconciling items
• Review accounts payable activity to ensure proper coding, approvals, and expense recognition
• Maintain accounting records related to fixed assets, prepaid expenses, accruals, escrows, and security deposits
• Assist with tracking and monitoring accounts receivable balances and collection efforts

• Assist in the preparation of annual operating budgets and periodic forecasts
• Analyze operating results and provide explanations for budget-to-actual variances
• Support Property Managers and Asset Managers with financial information and reporting requests
• Prepare recurring and ad hoc financial analyses to support operational decision-making

• Assist with financial onboarding and setup of newly acquired properties
• Support accounting activities related to property acquisitions and dispositions
• Prepare lender, ownership, and other recurring reporting packages as required
• Assist with audit requests and the preparation of…