Property Accountant

Merus brings more than 130 years of commercial real estate experience to the construction, development, ownership, and management of a diverse portfolio of assets across a growing footprint in the eastern U.S.

We’re all owners here. That shared ownership shapes how we work, make decisions, and support one another. Every team member is expected to take responsibility, follow through, and contribute to the success of our projects, partners, and company.

We were named a Deloitte U.S. Best Managed Company, recognizing how private companies are run across strategy, execution, culture, and financial discipline. That same standard shows up in how teams are supported, decisions are made, and the business continues to scale.

Merus is expanding its finance and accounting team with a new Property Accountant role. In this position, you will support the accounting and asset management teams by ensuring accurate and timely financial reporting for a large portfolio of assets managed by the company.

This role is ideal for a detail-oriented, motivated professional looking to grow their accounting career within a dynamic and collaborative environment. You are organized and analytical, and you thrive on accuracy and efficiency. You’ll assist with full-cycle accounting processes, financial reporting, and variance analysis, while gaining exposure to real estate operations and asset management.

At Merus, you’ll be part of a high-performing, employee-owned team where your contributions are valued, your growth is supported, and your work directly impacts the success of the business.

• Prepare monthly, quarterly, and annual financial statements for multiple properties in accordance with the applicable accounting basis (GAAP, Tax) and company policies.
• Demonstrate ultimate ownership of all financial aspects of assigned assets throughout their lifecycle, including acquisition, development, operations, disposition, and entity closure.
• Maintain property-level general ledgers, including recording journal entries, accruals, and adjustments as necessary.
• Prepare and review balance sheets, income statements, and cash flows to ensure accuracy, and provide variance analysis for multiple assets.
• Prepare annual operating budgets and forecasts for assigned properties through close collaboration with the asset management team.
• Review monthly financial reporting and cash flow forecasts against the annual budget, and present financial highlights and variance analysis to the leadership team.
• Monitor tenant accounts receivable and accounts payable for accuracy and timeliness. Ensure all transactions are recorded correctly.
• Analyze property financial performance, perform variance analysis against budget/forecast, and provide explanations for variances.
• Support year-end GAAP audits for select legal entities.
• Perform CAM (Common Area Maintenance) reconciliations, ensuring that expenses are accurately allocated to tenants and reconciled against lease agreements.
• Maintain timely and accurate reconciliations (bank and balance sheet reconciliations).
• Assist in preparing documentation and analysis for property tax appeals, ensuring compliance with local tax regulations and optimizing property tax expenses.
• Calculate and process fee expenses (development fees, asset management fees, management fees, etc.) for the respective recipient(s).
• Perform accounting and related reporting for industrial equity fund(s) on a quarterly basis.
• Assist with accounting for Merus’s Development segment, as needed.
• Nimble Learning
  - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
• Action Oriented
  - Taking on new opportunities and tough challenges with a sense of urgency, high…