Commercial Property Accountant – Boston, Massachusetts

This opening is with our partners who own a privately held commercial & industrial real estate management and investment company with a 30 year history in the Greater Boston area.  Join a growing real estate accounting team as a Property Accountant supporting a portfolio of commercial buildings. This is a newly created direct hire role with strong visibility, balanced hours, and a clear ramp up plan.

Key Details

• Title: Property Accountant
• Location: Boston, MA, Financial District
• Schedule: 9:00 AM to 5:00 PM
• Work arrangement: In office daily for the first 6 months, then will shift to hybrid
• Pay Range: base salary range of $85,000 - $92,500 plus 10 percent annual bonus target
• Benefits: Healthcare, Dental, Vision, 401k, and more

Why This Job is Awesome / Your Impact

• Step into a newly created seat driven by growth and a new portfolio
• Own a portfolio end to end, with meaningful client interaction and internal partnership
• Join a stable team with strong work life balance and clear expectations around deadlines and deliverables

Responsibilities

• Own month end close and client reporting for a portfolio of commercial properties, consistently meeting deadlines
• Review the general ledger and prepare financial statements, variance explanations, and reporting packages
• Prepare budgets and forecasts for assigned properties
• Complete bank reconciliations, journal entries, and accruals
• Manage tenant setup and ongoing maintenance in the property accounting system and maintain strong working knowledge of lease terms
• Prepare CAM and real estate tax calculations, billings, and monthly tenant billings
• Support cash activity including applying receipts, coordinating cash transfers, and assisting with check runs based on cash position
• Prepare annual workpapers, support audits, and respond to internal and external stakeholder inquiries related to reporting and tenants

Required Qualifications

• Bachelor's degree
• 2 to 4 years of commercial and/or industrial real estate accounting experience.  Those with only residential real estate experience will not be considered for this opening. 
• Experience with Yardi or MRI
• Strong understanding of commercial leases and how to set up lease details in a property accounting system
• Solid experience with CAM, billing, journal entries, and accruals