Senior Property Accountant – Boston MA – Mixed Use Real Estate
Our team is working with a leading privately held real estate firm looking to hire a Senior Property Accountant to their team. The role will be responsible for managing all aspects of property-level accounting, supporting property management operations, and contributing to budgeting and forecasting activities. The ideal candidate will be self-sufficient, confident, and experienced in commercial real estate accounting with strong knowledge of fixed assets, deferred leasing commissions, and deferred financing fees.
This role is a full time hybrid position (3 days in 2 at home) that will offer between 100-120K base, bonus, & excellent benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at [email protected].
Responsibilities:
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Reconcile all bank statements (excluding payroll) with a 15-day turnaround target.
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Record and track all commission activity, ensuring proper amortization over time.
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Manage real estate escrow accounts for taxes and loan escrow; reconcile against statements and maintain accurate expense proration.
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Record recurring standard journal entries (commissions, RE tax, insurance, etc.) and annual accrual journal entries for properties.
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Record monthly OCI entries.
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Maintain investment cost spreadsheets for marketable securities, swaps, and pension activity.
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Roll forward year-end balances to opening or prior-year accounts.
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Assist with fixed asset projects and database maintenance, including depreciation and policy updates.
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Handle all audit requests for assigned areas.
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Review P&L and balance sheet activity for South Shore Properties prior to monthly meetings.
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Attend monthly property management reviews and identify irregularities in financial activity.
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Collect Certificates of Insurance (COIs) from tenants and maintain up-to-date records.
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Forward all new leases to the Boston office; monitor lease expirations.
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Assist with CAM and quarterly expense preparation for designated buildings.
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Support tenant collections as needed and serve as primary MRI contact for the South Shore office.
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Manage MRI budget and RF cycles, including setup, coordination, and resolution of issues.
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Assist with basic lease scenario setups and manage the budget calendar.
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Prepare, review, and finalize all South Shore budgets and forecasts in coordination with property managers.
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Lead budget closeout and lock-down procedures.
Qualifications:
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Minimum 5+ years of experience in commercial real estate accounting; property-level accounting experience required.
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Proficiency with MRI Software and fixed asset systems (Sage or equivalent).
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Strong understanding of deferred leasing commissions, deferred financing fees, and complex journal entries.
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Demonstrated ability to reconcile, track, and report on complex accounting transactions.
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Self-starter with high attention to detail and ability to work independently.
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Excellent communication skills and ability to collaborate with property management and corporate teams.
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Strong problem-solving skills and ability to handle a full spectrum of accounting responsibilities from routine to complex.
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