Property Accountant

Job Description

Senior Property Accountant

Setting/Hours: 100% In-Office | 8-5
Join trak group in partnering with a growing client in Cincinnati, Ohio that’s expanding its Accounting team. 

Position Summary

This is a full-time, on-site position based in Cincinnati, Ohio. The Property Accountant is a key member of the Accounting & Finance team, responsible for the full-cycle accounting of an assigned commercial property portfolio. This role serves as the primary financial resource for assigned assets, leads annual budget preparation, supports audits, and provides meaningful financial analysis to Asset Management and Property Management stakeholders. The ideal candidate brings commercial real estate accounting experience, strong technical skills, and the ability to work independently in a fast-paced, collaborative environment.

Key Responsibilities

Portfolio Accounting & Reporting

• Serve as the primary accounting contact for an assigned portfolio of commercial properties.

• Perform full month-end close activities, including journal entries, accruals, and account reconciliations.

• Prepare accurate monthly and quarterly financial statements, including income statements, balance sheets, and variance analyses.

• Complete bank reconciliations and monitor cash positions.

• Record, monitor, and reconcile rental income while investigating and resolving discrepancies.

Tenant Accounting & Receivables

• Maintain tenant ledgers, including rent, CAM, and lease-related charges.

• Partner with Accounts Receivable to support timely collection of rent and tenant obligations.

• Prepare and review annual CAM reconciliations in accordance with lease agreements.

Accounts Payable & Capital Projects

• Review and approve operating expense and capital expenditure invoices.

• Ensure proper coding, approvals, and supporting documentation for property expenditures.

• Maintain loan payment schedules and amortization schedules for property-level debt.

Tax, Compliance & Audit

• Manage real estate tax accruals and monitor tax payments and variances.

• Prepare audit schedules and support annual external audits.

• Assist with quarterly lender reporting requirements and construction management fee calculations.

• Monitor compliance deadlines and communicate potential issues to leadership.

Budgeting & Financial Planning

• Lead the annual property budgeting process, including CAM, real estate taxes, insurance, management fees, and capital expenditures.

• Partner with Property Management to develop realistic operating budgets.

• Perform variance analysis and support ongoing forecasting throughout the year.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field required.

• CPA designation or active pursuit of CPA preferred.

• 3+ years of commercial real estate property accounting experience preferred.

• Experience with full-cycle accounting, month-end close, and financial reporting for multiple properties.

• Experience preparing CAM reconciliations, annual budgets, and audit support.

• Proficiency with MRI Software preferred.

• Advanced Microsoft Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, and financial analysis.

• Strong organizational, analytical, and problem-solving skills.

• Excellent written and verbal communication skills.

• Ability to manage multiple priorities while maintaining exceptional attention to detail.

• Ability to work full-time on-site in Cincinnati, Ohio.

Ideal Candidate Profile

• Experienced commercial real estate accounting professional with strong technical expertise.

• Self-motivated and able to manage an assigned property portfolio with minimal supervision.

• Analytical thinker who enjoys identifying and resolving financial discrepancies.

• Collaborative team player who builds strong relationships across Accounting, Property Management, and Asset Management.

• Organized professional who thrives in a deadline-driven environment while maintaining accuracy and accountability.

What We Offer

• Competitive compensation based on experience.

• Comprehensive health, dental, and vision benefits.

• Paid time off and company holidays.

• Collaborative, on-site work environment with direct exposure to senior leadership.

• Opportunity for professional growth within a growing commercial real estate organization.

If you're ready to take the next step in your career and want to make an impact, partner with trak group to explore this opportunity.