Property Accountant (Commercial Real Estate)

Michael Page
13 Oct 2020
04 Nov 2020
Job role
Contract type
Full time

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This position maintains the General Ledger for commercial assets, ensuring all transactions are recorded in accordance with GAAP and maintains the tenant leases sub–ledger, ensuring tenant leases are properly accounted for.

Client Details

Our client is an established full service commercial real estate firm that specializes in the acquisition, development and management of retail assets. They've got a strong presence in the Houston area and are looking for someone to join their growing team.


  • Maintain tenant leases sub–ledger in MRI
  • Review (coding, approval) and post A/P invoices
  • Verify and post tenant cash receipts
  • Invoice miscellaneous charges and bill backs to tenants as needed
  • Assist Management with special projects and be available as a resource
  • Generate recurring monthly charges for tenant leases
  • Maintain the General Ledger for portfolio as assigned
  • Reconcile Balance Sheet accounts
  • Review monthly financial statements
  • Book accruals as needed. (utilities, security, AVTX expense)
  • Assist with collections as needed
  • Assist Property Manager with variance reporting
  • Calculate and invoice percentage rent as needed
  • Process annual ad valorem tax statements for payment
  • Reconcile and invoice annual CAM and Tax recoveries
  • Assist Retail Operations Team with annual budget preparation


  • Accounting degree preferred
  • Minimum 5–10 years of experience in Property Accounting in Retail sectors
  • A thorough understanding of the following concepts:
    • Tenant Recoveries
    • Straight Line Rent
    • Percentage rent

Job Offer

Comprehensive benefits package and join a growing team!

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