Senior Property Accountant

Senior Property Accountant

Location:

Red Bank, NJ (On-site)

Status:
Full‑time, Exempt

Base pay range: $70,000.00 – $90,000.00 per year (plus bonus)

Denholtz is a privately held, vertically integrated real estate investment and development firm. We develop, own, and manage a diverse portfolio of commercial and multifamily assets across the country. With more than 70 years of experience in real‑estate investment management, we’ve cultivated a reputation for delivering consistent results and creating enduring value for our investors.

As part of our accounting team, the Senior Property Accountant will be responsible for the review, accuracy, and timeliness of the monthly closing of the books and records for a portfolio of properties and related entities.

• Oversee the monthly close process of assigned properties by reviewing the monthly operating reports prepared by an outsourcing team.
• Prepare required lender/investor reports for assigned properties and monitor compliance with covenant and reporting requirements.
• Prepare documentation for draw submissions and liaise with lenders to complete the draw process.
• Monitor and manage all cash, accounts payable, and accounts receivable of assigned properties.
• Communicate and respond to inquiries from tenants and vendors of assigned properties as needed.
• Participate in the annual budgeting process and prepare required submissions.
• Collaborate with Asset Management, Property Management, and other stakeholders to address financial matters.
• Coordinate with tax accountants and/or external auditors at year‑end and prepare all required schedules to complete year‑end requirements.
• Review financial statement and tax return drafts before they are submitted for approval.
• Review CAM reconciliation prepared by outsourcing team and respond to tenant inquiries as needed.
• Ensure that the property’s financial activities comply with relevant laws and regulations.
• Perform other duties assigned by the CFO/Controller as needed.

• Strong accounting skills: proficiency in accounting principles, financial statement preparation, and account reconciliation.
• Real‑estate knowledge: understanding of real‑estate transactions, leases, and property management practices.
• Analytical skills: ability to analyze financial data, identify trends, and make informed recommendations.
• Communication skills: effective communication to interact with various stakeholders and explain financial information.
• Organizational skills: ability to manage multiple tasks, prioritize work, and meet deadlines.
• Software proficiency: familiarity with accounting software and property management systems.
• Problem‑solving skills: ability to identify and resolve financial issues effectively.

• Bachelor’s degree in accounting.
• Minimum of 3 years in property accounting.
• Proficiency in Yardi or similar real‑estate software.
• Proficiency in Microsoft Excel, Word, Outlook, and document‑management software.

• Competitive salary and annual bonus potential.
• Comprehensive benefits package including medical, dental, and vision insurance.
• 401(k) with employer match.
• Paid vacation, sick time, and company holidays.
• Creative and collaborative culture.