Property Accountant

Property Accountant

Compensation: $90,000 – $120,000 Base Salary
Location: Montvale, NJ

A well-established commercial real estate owner and property management firm is seeking an experienced Property Accountant to join its growing accounting team. This position is ideal for an accounting professional with a strong foundation in property accounting who can independently manage the day-to-day financial responsibilities of a commercial real estate portfolio.

The ideal candidate will have experience performing month‑end close activities, bank reconciliations, journal entries, and general ledger maintenance while working within a property management environment.

Experience with
MRI is strongly preferred, although candidates with Yardi experience will also be considered. This individual should possess a solid understanding of accounting principles and require minimal training on core accounting functions.

This is a hybrid opportunity offering an excellent work‑life balance, outstanding benefits, and long‑term career growth within a collaborative team environment.

• Perform monthly bank reconciliations to ensure the accuracy and integrity of financial records.
• Prepare monthly financial statements and management reports.
• Complete month‑end close activities, including journal entries, account reconciliations, and general ledger maintenance.
• Conduct quarterly general ledger audits to ensure portfolio‑wide financial accuracy.
• Review financial postings and supporting documentation for accuracy and compliance.
• Research accounting transactions and generate financial reports utilizing accounting systems.

• Compile, analyze, and interpret financial reports related to cash receipts, expenditures, accounts payable, accounts receivable, and profit and loss activity.
• Prepare journal entries and support annual audit activities.
• Assist with annual budgeting, forecasting, and business planning initiatives.
• Classify, record, and summarize financial transactions in accordance with company policies and accounting standards.

• Review tenant lease agreements and process billing in accordance with lease provisions.
• Assist with annual CAM, tax, and insurance reconciliations.
• Monitor the timely payment of real estate taxes and assessments.
• Manage annual report filings and business license renewals across multiple states.
• Ensure compliance with banking, mortgage, federal, state, and internal financial requirements.

• Coordinate with banking institutions to establish and maintain financial accounts.
• Maintain organized electronic and physical accounting records.
• Support special accounting projects and process improvement initiatives.
• Collaborate with internal departments to ensure accurate financial reporting and operational efficiency.

• Minimum of 2–4+ years of accounting or bookkeeping experience.
• Commercial real estate property accounting experience strongly preferred.
• Solid understanding of accounting fundamentals including:
  • Bank reconciliations
  • Month‑end close
  • Journal entries
  • General ledger
• Proficiency with accounting software.
• Strong Microsoft Excel and Microsoft Word skills.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple priorities while working independently.

• Bachelor's degree in Accounting, Finance, or related field.
• Experience with MRI accounting software strongly preferred.
• Candidates with Yardi experience will also be considered.
• Knowledge of property accounting including recoveries, budgeting, forecasting, and financial reporting.

• Hybrid schedule:
  Three days in the office and two remote.
• Summer Friday half‑days with flexible scheduling.
• Collaborative and team‑oriented accounting department.
• Company‑provided equipment for remote work.
• Opportunity to work alongside experienced accounting leadership with strong mentorship and career development.

• Base Salary: $90,000 – $120,000 (based on experience)
• Hybrid work schedule (3 days in‑office / 2 remote)
• Company‑paid medical, dental, and vision insurance
• 401(k) with 5% company…