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Property Accountant
Property AccountantLHH Recruitment Solutions • Brentwood, TN, United States
Property Accountant

Property Accountant

LHH Recruitment Solutions • Brentwood, TN, United States
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Property Accountant

Salary : $75,000 - $95,000 annually

Location : Brentwood, TN

Department : Accounting

Role Summary

The Property Accountant will manage financial operations for assigned properties, with a strong emphasis on CAM (Common Area Maintenance) accounting, ensuring accurate reporting and compliance with deadlines. This position plays a key role in month-end and year-end processes, budget preparation, and financial analysis. Extended hours may be required during peak periods such as close, audits, and budgeting. This is an on-site role.

Core Responsibilities

Month-End Close

  • Calculate and record base rent, percentage rent, tax revenue, and CAM revenue per lease agreements.
  • Accrue and amortize expenses including taxes, insurance, management fees, utilities, and CAM / non-CAM payables.
  • Review operating statements and provide initial variance explanations.
  • Update forecast ledgers as needed.

Balance Sheet & Reconciliation

  • Reconcile bank accounts, escrows, reserves, and prepaid expense schedules.
  • Ensure fixed assets align with asset book reports.
  • Accrue capital expenditures and distinguish between operational and development costs.
  • Review A / R aging, tax and CAM receivables, interest payable, management fees, unearned rent, and bad debt reserves.
  • Provide year-over-year variance analysis.
  • Variance Analysis

  • Prepare explanations for actual vs. budget variances using materiality thresholds.
  • Cash Flow Management

  • Prepare and update cash flow projections by property to determine available funds for distribution.
  • Reporting

  • Compile and distribute reporting packages for partners and lenders, including statements, rent rolls, certifications, and DSCR calculations.
  • Forecasting & Budgeting

  • Update quarterly forecasts and revised budgets for revenue, expenses, and capital projects.
  • Prepare annual budgets with input from property managers and leasing teams.
  • Create presentation packages for lenders, partners, and executives.
  • Annual Reconciliations & Audits

  • Perform CAM and insurance reconciliations and tenant billing.
  • Prepare audit support packages and respond to auditor inquiries.
  • Development Activities

  • Record and analyze project costs and prepare timely financial reports.
  • Perform monthly and project reconciliations to ensure accuracy.
  • Review contracts and ensure compliance with regulations.
  • Collaborate with project managers and finance teams for financial support.
  • Miscellaneous

  • Record entries for loans, refinancing, acquisitions, and dispositions.
  • Qualifications

  • Bachelor's degree in Accounting, Finance, or related field preferred.
  • Experience in property accounting or real estate finance is a plus.
  • Strong analytical, organizational, and communication skills.
  • Proficiency in accounting software and Microsoft Excel.
  • Ability to work extended hours during peak periods.
  • Pay Details : $75,000.00 to $95,000.00 per year

    Search managed by : Sarah Beth Imperi

    Equal Opportunity Employer / Veterans / Disabled

    Military connected talent encouraged to apply

    To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to

    The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and / or security clearance requirements, including, as applicable :

  • The California Fair Chance Act
  • Los Angeles City Fair Chance Ordinance
  • Los Angeles County Fair Chance Ordinance for Employers
  • San Francisco Fair Chance Ordinance
  • Massachusetts Candidates Only : It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

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    Property Accountant • Brentwood, TN, United States

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