Property Accountant

Company Description

West Star Development is one of Kansas City’s premier commercial real estate owners, investors, and developers. Family-owned and operated, West Star has been creating, owning, and managing commercial properties throughout the Kansas City metro for decades.

Our team takes a hands-on approach to real estate, working closely across accounting, development, leasing, property operations, construction, and ownership. We value accuracy, accountability, reliability, and collaboration, and offer team members the opportunity to work directly on a diverse portfolio of operating properties and active development projects.

As West Star continues to grow, this position offers the opportunity to build a long-term career in commercial real estate accounting while gaining exposure to both property operations and ground-up development.

The Property Accountant is a full-time, on-site position based in Lenexa, Kansas. This role is responsible for the day-to-day accounting and financial administration of assigned commercial properties and development projects and works closely with the Controller, Development team, property operations, tenants, banks, and other internal and external partners.

The Property Accountant will manage tenant billing and accounts receivable, cash receipts and banking activity, general ledger accounting, lease-related accounting, and month-end property accounting close. The position will also support West Star’s active development and construction projects through construction draw preparation, project cost tracking, invoice documentation, and budget reconciliation.

Key responsibilities include:

• Prepare monthly tenant and affiliate billings.
• Record and reconcile tenant payments, cash receipts, and deposits.
• Perform daily cash application and maintain accurate accounts receivable records.
• Prepare monthly accounts receivable and property accounting close.
• Prepare monthly bank reconciliations.
• Prepare and post routine and ad hoc journal entries.
• Maintain accurate general ledger accounts and supporting schedules for assigned properties.
• Research and resolve accounting discrepancies.
• Assist with financial reporting and provide accurate financial information to management and other internal stakeholders.

• Manage tenant accounts receivable from billing through payment.
• Monitor outstanding tenant balances and aging reports.
• Communicate directly with tenants regarding past-due balances, payment discrepancies, billing questions, and other account matters.
• Maintain accurate records of tenant payments and account activity.
• Prepare regular accounts receivable aging and collections reports for the Controller and management.
• Identify unusual balances or collection issues and escalate them appropriately.

• Enter new leases and lease amendments into the company’s accounting and property management systems.
• Maintain accurate tenant information, billing terms, rent schedules, CAM charges, reimbursements, and other lease-related financial data.
• Prepare and maintain reports for lease expirations, renewals, options, and other key lease dates.
• Establish and maintain tenant ACH and recurring payment arrangements.
• Maintain organized lease files and related documentation.
• Assist management with lease-related and tenant financial reporting.

• Process daily deposits and cash receipts.
• Maintain ACH files and recurring payment processes.
• Perform cash and bank reconciliations.
• Assist the Controller with cash forecasting and cash reporting.
• Maintain accurate documentation of banking activity.
• Coordinate with banks and internal team members regarding routine account activity.

• Assist with the preparation of construction draws for review and approval by the Controller and Development team.
• Compile invoices, lien waivers, contracts, payment applications, and other supporting documentation required for construction draws.
• Code and record development and construction expenditures.
• Maintain project cost schedules and supporting documentation.
• Reconcile project expenditures…