Turnberry
Overview
The Senior Property Accountant is responsible for overseeing all accounting activities related to a defined portfolio of real estate properties. This includes full-cycle general ledger accounting, financial reporting, variance analysis, CAM reconciliations, budgeting support, and coordination with internal and external stakeholders. This role requires strong technical accounting skills, attention to detail, and the ability to manage complex property-level financial data. The Senior Property Accountant will be expected to work both independently and collaboratively in a fast-paced, deadline-oriented environment. What You Do
Monthly & Quarterly Accounting Prepare and review property-level financial statements in accordance with GAAP and company policies. Process monthly journal entries including accruals, amortization, depreciation, and adjustments. Maintain and reconcile general ledger accounts, ensuring accuracy and completeness. Perform bank reconciliations and ensure timely resolution of variances. Prepare and reconcile intercompany transactions and ensure proper eliminations. Common Area Maintenance (CAM) and Tenant Accounting Calculate and record monthly and annual CAM charges and adjustments in accordance with lease terms. Perform annual CAM, tax, and insurance reconciliations and prepare tenant statements. Ensure accuracy of tenant ledgers, billings, and accounts receivable balances. Financial Analysis & Reporting Prepare monthly variance analyses comparing actuals to budget and forecast. Identify and explain significant fluctuations in revenue and expenses. Prepare ad hoc financial reports as requested by property management or leadership. Assist with preparation and analysis of KPI dashboards for asset performance. Budgeting and Forecasting Support the annual budgeting process by compiling historical financial data and preparing budget templates. Collaborate with property and asset managers to validate budget assumptions. Assist with quarterly reforecasting processes. Compliance, Audit, and Controls Ensure accounting treatment aligns with lease terms, internal policies, and GAAP. Assist with preparation of audit schedules and serve as a liaison with external auditors. Participate in periodic internal control assessments and recommend process improvements. Maintain organized records and audit trails for all accounting activity. Cross-Functional Collaboration Partner with Property Management to support operational needs and resolve discrepancies. Collaborate with Treasury and AP/AR teams to ensure accurate cash and vendor management. Serve as an accounting resource for internal teams during acquisitions, dispositions, and refinancing events. What You Bring to the Table
Bachelor’s degree in Accounting, Finance, or a related field. CPA designation or CPA track preferred. Minimum 4–6 years of progressive accounting experience, with at least 2 years in a real estate or property accounting role. Strong knowledge of GAAP; knowledge of real estate-specific accounting rules (e.g., ASC 842) preferred. Proficiency in property management accounting platforms (Yardi, MRI, RealPage, etc.). Advanced Excel skills including pivot tables, VLOOKUPs, and data analysis tools. Strong organizational skills with the ability to manage multiple properties and deadlines. Excellent written and verbal communication skills. Demonstrated problem-solving ability and critical thinking. Preferred Experience Experience in commercial real estate, retail, or multifamily housing portfolios. Exposure to development or construction accounting. Familiarity with partnership accounting, REIT structures, or fund-level consolidations. Prior involvement in ERP implementations, system upgrades, or process automation. Performance Expectations Maintain accuracy in all reporting and meet internal monthly close deadlines. Demonstrate ownership of assigned portfolio with minimal supervision. Proactively identify process improvements and contribute to team efficiency. Foster collaborative relationships across Finance, Property Management, and other departments. Maintain a high level of professionalism, discretion, and confidentiality. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing and Finance
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The Senior Property Accountant is responsible for overseeing all accounting activities related to a defined portfolio of real estate properties. This includes full-cycle general ledger accounting, financial reporting, variance analysis, CAM reconciliations, budgeting support, and coordination with internal and external stakeholders. This role requires strong technical accounting skills, attention to detail, and the ability to manage complex property-level financial data. The Senior Property Accountant will be expected to work both independently and collaboratively in a fast-paced, deadline-oriented environment. What You Do
Monthly & Quarterly Accounting Prepare and review property-level financial statements in accordance with GAAP and company policies. Process monthly journal entries including accruals, amortization, depreciation, and adjustments. Maintain and reconcile general ledger accounts, ensuring accuracy and completeness. Perform bank reconciliations and ensure timely resolution of variances. Prepare and reconcile intercompany transactions and ensure proper eliminations. Common Area Maintenance (CAM) and Tenant Accounting Calculate and record monthly and annual CAM charges and adjustments in accordance with lease terms. Perform annual CAM, tax, and insurance reconciliations and prepare tenant statements. Ensure accuracy of tenant ledgers, billings, and accounts receivable balances. Financial Analysis & Reporting Prepare monthly variance analyses comparing actuals to budget and forecast. Identify and explain significant fluctuations in revenue and expenses. Prepare ad hoc financial reports as requested by property management or leadership. Assist with preparation and analysis of KPI dashboards for asset performance. Budgeting and Forecasting Support the annual budgeting process by compiling historical financial data and preparing budget templates. Collaborate with property and asset managers to validate budget assumptions. Assist with quarterly reforecasting processes. Compliance, Audit, and Controls Ensure accounting treatment aligns with lease terms, internal policies, and GAAP. Assist with preparation of audit schedules and serve as a liaison with external auditors. Participate in periodic internal control assessments and recommend process improvements. Maintain organized records and audit trails for all accounting activity. Cross-Functional Collaboration Partner with Property Management to support operational needs and resolve discrepancies. Collaborate with Treasury and AP/AR teams to ensure accurate cash and vendor management. Serve as an accounting resource for internal teams during acquisitions, dispositions, and refinancing events. What You Bring to the Table
Bachelor’s degree in Accounting, Finance, or a related field. CPA designation or CPA track preferred. Minimum 4–6 years of progressive accounting experience, with at least 2 years in a real estate or property accounting role. Strong knowledge of GAAP; knowledge of real estate-specific accounting rules (e.g., ASC 842) preferred. Proficiency in property management accounting platforms (Yardi, MRI, RealPage, etc.). Advanced Excel skills including pivot tables, VLOOKUPs, and data analysis tools. Strong organizational skills with the ability to manage multiple properties and deadlines. Excellent written and verbal communication skills. Demonstrated problem-solving ability and critical thinking. Preferred Experience Experience in commercial real estate, retail, or multifamily housing portfolios. Exposure to development or construction accounting. Familiarity with partnership accounting, REIT structures, or fund-level consolidations. Prior involvement in ERP implementations, system upgrades, or process automation. Performance Expectations Maintain accuracy in all reporting and meet internal monthly close deadlines. Demonstrate ownership of assigned portfolio with minimal supervision. Proactively identify process improvements and contribute to team efficiency. Foster collaborative relationships across Finance, Property Management, and other departments. Maintain a high level of professionalism, discretion, and confidentiality. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing and Finance
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