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Senior Property Accountant – Bethesda, MD
Overview
Beacon Hill Financial has partnered with a client in Bethesda, MD in their search for a Senior Property Accountant to join their team. This role is responsible for supporting lease administration, CAM and tax recovery processes, and property accounting operations for a commercial real estate portfolio. The ideal candidate is highly organized, detail-oriented, and experienced in commercial real estate accounting and lease administration.
Key Responsibilities
- Manage property accounting and lease administration activities, including CAM, tax, and other recovery reconciliations.
- Review tenant account adjustments, reconciliations, refunds, and billing transactions to ensure accuracy and compliance.
- Support the preparation of quarterly tax accruals and CAM analysis from a billing and collection perspective.
- Interpret lease agreements and provide guidance regarding billing, recoveries, and lease-related inquiries.
- Review and oversee the work of lease administrators and third-party partners to ensure deadlines and quality standards are met.
- Collaborate with accounting, finance, legal, collections, and property operations teams on lease and property accounting matters.
- Prepare internal reporting and assist with audit requests and special projects as needed.
- Identify and implement process improvements to enhance operational efficiency and reporting accuracy.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field preferred.
- Real estate accounting or lease administration experience required, including CAM and tax recovery experience.
- Prior leadership or management experience, including reviewing work and performance management responsibilities, required.
- Strong lease interpretation, analytical, organizational, and problem-solving skills.
- Experience with property management systems such as JDE, Yardi, or MRI preferred.
- Intermediate Excel skills required.
- Excellent communication skills with the ability to manage multiple priorities in a fast-paced environment.
- Highly detail-oriented with the ability to work both independently and collaboratively.
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