Senior Property Accountant

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.