Commercial Property Accountant
JOB DESCRIPTION
Reports to: Controller
RESPONSIBILITIES
The activities listed here are not all-inclusive; rather, they indicate the types of activities normally
performed by this position. The successful candidate will be able to demonstrate core competencies in the following areas:
Property Accounting & Financial Reporting
• Prepare monthly financial statements for assigned commercial properties.
• Review general ledger activity for accuracy and completeness.
• Prepare monthly accruals, reclasses, journal entries, and account reconciliations.
• Review income statements, balance sheets, budget variance reports, and supporting schedules.
• Assist with monthly, quarterly, and annual ownership reporting.
• Ensure financial reporting deadlines are met.
Accounts Payable & Expense Review
• Review invoices for proper coding, approvals, supporting documentation, and budget compliance.
• Work with property managers to resolve invoice discrepancies.
• Ensure capital, operating, CAM, insurance, tax, utility, and repair expenses are coded correctly.
• Assist with vendor payment questions and invoice research.
• Confirm required backup is included for major projects, including contracts, lien waivers, permits, inspections, and photos when applicable.
Accounts Receivable & Tenant Billing
• Review tenant ledgers and assist with billing accuracy.
• Post or review tenant charges, rent, CAM, tax, insurance, utilities, and miscellaneous billbacks.
• Assist property management with tenant disputes related to charges, payments, credits, or reconciliations.
• Support collection efforts by providing accurate ledger information to property management.
CAM, Tax, and Insurance Reconciliations
• Assist with annual CAM, tax, insurance, and operating expense reconciliations.
• Review lease language to confirm recoverable and non-recoverable expenses.
• Prepare tenant recovery calculations and supporting schedules.
• Coordinate with property managers regarding tenant questions or disputes.
• Maintain accurate backup documentation for reconciliation support.
Budgeting & Forecasting
• Assist property managers with annual property budgets.
• Review historical expenses and budget assumptions.
• Help identify unusual expenses, missing accruals, or coding issues.
• Support monthly variance explanations and forecast updates as needed.
Lease Administration Support
• Review lease abstracts and tenant setup for billing accuracy.
• Coordinate with lease administration regarding rent steps, CAM caps, exclusions, options, and special billing provisions.
• Assist with move-in, move-out, renewal, and termination accounting entries.
• Ensure tenant charges align with executed lease documents.
Audit & Compliance
• Assist with lender, ownership, tax, and internal audit requests.
• Maintain organized financial records and supporting documentation.
• Ensure compliance with company accounting policies and procedures.
• Support year-end close and tax package preparation.
Qualifications
• Bachelor's degree in Accounting, Finance, Business, or related field preferred.
• 2+ years of accounting experience preferred.
• Commercial real estate accounting experience strongly preferred.
• Experience with Yardi Voyager, Yardi Payscan, and Appfolio software preferred.
• Strong understanding of general ledger accounting, accruals, reconciliations, and financial reporting.
• Experience with CAM, tax, and insurance reconciliations preferred.
• Proficient in Microsoft Excel, Outlook, and Word.
• Strong attention to detail and organizational skills.
• Ability to meet deadlines and manage multiple properties or projects.
• Strong communication skills and ability to work with property managers, vendors, tenants, and ownership.
W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.
We’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.
Our Services
W3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.
We specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.
We are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.
Our Expertise
W3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.
As a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.