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Property Accountant

Date Posted: 3/29/2023

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Job Description

Ledgent is looking for a Property Accounting in Raleigh NC. 

Job Duties: 

* Obtain, review and analyze property lease agreements, including: review of new leases, amendments,
modifications, renewals, and termination agreements
* Verify fully executed lease documents to approved lease parameters
* Determine applicable lease information for use in calculating the net effective rent for each new lease
* Calculate operating expense reimbursement billings (estimates, reconciliations, and year-end accruals) for
specific properties, taking into consideration budgets, adjusting for occupancy, specific expense exclusions
and other clauses
* Determination of monthly revenue and expense accruals based on an analysis of trends, timing and general
ledgers of assigned portfolio; requires the ability to interact with operations personnel and translate
discussions into impactful accounting decisions
* Review building expenses for proper coding and research variances, engaging with field personnel to resolve
potential issues/discrepancies
* Perform operating revenue and expense variance analysis, comparing multiple periods as well as forecasted
and actual results for use by field personnel and executive management
* Provide recovery analysis for discretionary building costs to help optimize recoverability which includes
discussions with property managers to understand the impact of certain costs
* Review of annual building budgets; understanding year over year changes and trends
* Prepare Building-level entries, reconciliations and reports: i.e., balance sheet account reconciliations,
occupancy statistics, terminations/early move-outs
* Other duties as assigned by supervisors


* Strong attention to detail with the ability to analyze a significant volume of financial information
* Ability to thrive in an environment of complex calculations
* Assume responsibility for accuracy and timeliness of work
* Excellent organizational and time management skills
* Excellent verbal and written communication skills
* Ability to appropriately prioritize multiple tasks
* Strong skills in analyzing and interpreting lease contracts and related financial data


* Bachelor's degree in accounting, finance or related field
* 2+ years of experience in accounting, finance or analytical capacity, preferably in the real estate field
* Experience with J D Edwards software preferred


We are an equal opportunity employer and make hiring decisions based on merit. Recruitment, hiring, training, and job assignments are made without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, or any other protected classification. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
To apply please email your resume to

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Job Snapshot

  • Employee Type:Full-Time
  • Location:Raleigh, NC
  • Job Type:Accounting
  • Experience:Not Specified
  • Education:Not Specified
  • Date Posted:3/29/2023
  • Contact: Jenna Cecire (919) 987-3449
  • Pay Range: $65,000.00 - $70,000.00 Annually
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Job Reference: JO-2303-198148