At a Glance
- Tasks: Lead full-cycle property accounting and financial reporting for commercial real estate assets.
- Company: Established real estate owner/operator with a strong reputation.
- Benefits: Competitive salary, mentorship opportunities, and career growth in a dynamic environment.
- Other info: Opportunity to mentor junior accountants and improve accounting processes.
- Why this job: Take ownership of financial functions and make a real impact in the real estate sector.
- Qualifications: Bachelor's degree in Accounting and 5-7+ years of relevant experience.
The predicted salary is between 72000 - 88000 $ per year.
Macdonald & Company has been exclusively retained by an established and highly regarded real estate owner/operator to appoint a Senior Property Accountant to its growing accounting team in Raleigh-Durham, North Carolina.
This is an excellent opportunity for an experienced accounting professional to take ownership of the financial reporting and accounting functions across a portfolio of commercial real estate assets, while gaining exposure to leadership responsibilities and the continued development of the wider accounting function.
Reporting directly to the Controller, the successful candidate will oversee full-cycle property accounting, lead month-end close processes, and provide day-to-day guidance and mentorship to a Property Accountant.
Key Responsibilities
Take ownership of full-cycle accounting and financial reporting for a portfolio of commercial properties.
Manage monthly close processes, including journal entries, accruals, reconciliations, and financial statement preparation.
Prepare annual CAM estimates, reconciliations, and related tenant reporting.
Review commercial lease agreements and ensure accurate accounting treatment, including straight-line rent and percentage rent calculations.
Analyze financial performance, identify variances, and provide meaningful insights to senior management.
Support annual budgeting, forecasting, and external audit processes.
Identify opportunities to improve accounting processes, internal controls, and reporting efficiencies.
Provide oversight, training, and mentorship to a junior Property Accountant.
Candidate Requirements
Bachelor's degree in Accounting, Finance, or a related field. 5-7+ years of progressive accounting experience.
Previous commercial real estate or property accounting experience preferred.
Familiarity with property management accounting systems such as Yardi or MRI is advantageous.
Strong Microsoft Excel skills, including pivot tables, lookups, and advanced formulas.
Previous supervisory or mentoring experience is beneficial, although not essential.
Excellent attention to detail, communication skills, and the ability to manage competing deadlines.
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Senior Property Accountant in Raleigh employer: Macdonald & Company
Macdonald & Company is an exceptional employer that fosters a collaborative and growth-oriented work culture in the vibrant Raleigh-Durham area. As a Senior Property Accountant, you will not only take charge of financial reporting for a diverse portfolio but also enjoy ample opportunities for professional development and mentorship within a supportive team environment. With a focus on innovation and process improvement, this role offers a unique chance to make a meaningful impact while advancing your career in the dynamic real estate sector.
