Job Description
The Staff Accountant is responsible for maintaining the general ledger and supporting financial reporting for the Real Estate portfolio. This role ensures accurate accounting for rental revenue, operating expenses, capital expenditures, and tenant activity in accordance with GAAP and company policies.
Essential Duties and Responsibilities:
General Ledger & Month-End Close
- Prepare journal entries including accruals, amortization, and allocations
- Reconcile balance sheet accounts, including bank reconciliations, and resolve discrepancies
- Assist with monthly, quarterly, and year-end close processes
Property & Lease Accounting
- Record rental income and tenant billings
- Prepare and reconcile CAM and tenant recoveries
- Track prepaid expenses, security deposits, and escrows
- Maintain fixed asset schedules and depreciation records