Essential Growth Properties
1 day ago Be among the first 25 applicants
Get AI-powered advice on this job and more exclusive features.
Essential Growth Properties is a private equity real estate investment platform acquiring and managing grocery‑anchored shopping centers across the United States. The company began in 2021 and has grown to 2.7 million square feet of managed real estate. The Cincinnati Business Courier named Essential Growth Properties a “Best Places to Work” finalist in each of the last three years and the company was chosen the winner in 2024.
We are seeking a highly organized and detail‑oriented
Property Accountant
to join our team. This role involves managing the financial aspects of the properties in our portfolio, including tracking income, expenses, budgets, and financial reporting. The ideal candidate will possess a strong understanding of accounting principles, experience in property accounting, and the ability to work in a fast‑paced environment.
Responsibilities
Prepare monthly, quarterly, and annual financial statements for properties within our portfolios.
Reconcile bank accounts and cash flow statements for each property.
Track and record rental income, CAM (Common Area Maintenance) charges, and other property‑related revenue and expenses.
Assist in preparing annual property budgets and forecasts.
Maintain strong relationships with lenders and depository banks and report cash positions to management.
Ensure timely and accurate month‑end close process, including accruals and account reconciliations.
Maintain fixed asset and prepaid accounts; ensure depreciation and amortization accounts are up‑to‑date and reflect appropriate asset lives.
Property Tax, Sales & Use Tax Compliance
Assist with property tax, sales & use tax and other tax filings and ensure compliance with local, state, and federal regulations.
Maintain accurate records of property tax payments and assessments.
Audits & Financial Analysis
Provide supporting documentation for audits and financial reviews.
Perform variance analysis to compare actual financial performance to budgeted amounts.
System & Process Improvement
Assist in the development and improvement of accounting procedures and systems for better efficiency.
Maintain accurate and organized accounting records, both digital and physical.
Qualifications
Bachelor’s Degree in Accounting or Finance, CPA preferred.
Minimum of three years of experience in property accounting, real estate finance or related field.
Strong knowledge of accounting software (e.g., Yardi, MRI, QuickBooks). Proficiency in MRI is a plus.
Proficient in Microsoft Excel and financial reporting tools.
Solid understanding of property management, real estate transactions, and financial principles.
Ability to decipher the financial terms of contracts and loan documents.
Strong attention to detail, accuracy, and organizational skills.
Enjoys working both independently and as part of a team with professionals at all levels.
This position is based in our newly‑remodeled, downtown Cincinnati office, with occasional workplace flexibility as needed.
Normal business hours and limited, if any, required business travel.
Compensation and Benefits Essential Growth Properties’ Real Estate Accountant position will include an excellent benefits package that includes medical, dental, life, and 401(k). It will provide a competitive salary based on candidate’s experience.
About Essential Growth Properties What makes a place great? Essential Growth Properties combines cross‑functional and vertical expertise within the grocery‑anchored retail sector, with decades of experience leading real estate for major retailers, owning and creating value with grocery‑anchored centers, and leading property & asset management for thousands of assets across the country. Driven from this background, Essential Growth Properties is humble and grateful for the opportunity to engage in our communities through the ownership of essential shopping centers and will develop a culture supporting this belief as it builds out its team in Cincinnati.
#J-18808-Ljbffr
Get AI-powered advice on this job and more exclusive features.
Essential Growth Properties is a private equity real estate investment platform acquiring and managing grocery‑anchored shopping centers across the United States. The company began in 2021 and has grown to 2.7 million square feet of managed real estate. The Cincinnati Business Courier named Essential Growth Properties a “Best Places to Work” finalist in each of the last three years and the company was chosen the winner in 2024.
We are seeking a highly organized and detail‑oriented
Property Accountant
to join our team. This role involves managing the financial aspects of the properties in our portfolio, including tracking income, expenses, budgets, and financial reporting. The ideal candidate will possess a strong understanding of accounting principles, experience in property accounting, and the ability to work in a fast‑paced environment.
Responsibilities
Prepare monthly, quarterly, and annual financial statements for properties within our portfolios.
Reconcile bank accounts and cash flow statements for each property.
Track and record rental income, CAM (Common Area Maintenance) charges, and other property‑related revenue and expenses.
Assist in preparing annual property budgets and forecasts.
Maintain strong relationships with lenders and depository banks and report cash positions to management.
Ensure timely and accurate month‑end close process, including accruals and account reconciliations.
Maintain fixed asset and prepaid accounts; ensure depreciation and amortization accounts are up‑to‑date and reflect appropriate asset lives.
Property Tax, Sales & Use Tax Compliance
Assist with property tax, sales & use tax and other tax filings and ensure compliance with local, state, and federal regulations.
Maintain accurate records of property tax payments and assessments.
Audits & Financial Analysis
Provide supporting documentation for audits and financial reviews.
Perform variance analysis to compare actual financial performance to budgeted amounts.
System & Process Improvement
Assist in the development and improvement of accounting procedures and systems for better efficiency.
Maintain accurate and organized accounting records, both digital and physical.
Qualifications
Bachelor’s Degree in Accounting or Finance, CPA preferred.
Minimum of three years of experience in property accounting, real estate finance or related field.
Strong knowledge of accounting software (e.g., Yardi, MRI, QuickBooks). Proficiency in MRI is a plus.
Proficient in Microsoft Excel and financial reporting tools.
Solid understanding of property management, real estate transactions, and financial principles.
Ability to decipher the financial terms of contracts and loan documents.
Strong attention to detail, accuracy, and organizational skills.
Enjoys working both independently and as part of a team with professionals at all levels.
This position is based in our newly‑remodeled, downtown Cincinnati office, with occasional workplace flexibility as needed.
Normal business hours and limited, if any, required business travel.
Compensation and Benefits Essential Growth Properties’ Real Estate Accountant position will include an excellent benefits package that includes medical, dental, life, and 401(k). It will provide a competitive salary based on candidate’s experience.
About Essential Growth Properties What makes a place great? Essential Growth Properties combines cross‑functional and vertical expertise within the grocery‑anchored retail sector, with decades of experience leading real estate for major retailers, owning and creating value with grocery‑anchored centers, and leading property & asset management for thousands of assets across the country. Driven from this background, Essential Growth Properties is humble and grateful for the opportunity to engage in our communities through the ownership of essential shopping centers and will develop a culture supporting this belief as it builds out its team in Cincinnati.
#J-18808-Ljbffr