Property Accountant

Colliers | Wisconsin is seeking a detail-oriented and analytical Property Accountant to support a portfolio of commercial real estate properties. This hybrid role is responsible for the full-cycle accounting functions for assigned properties, ensuring accurate financial reporting, budget management, tenant billing, and compliance with accounting standards. The Property Accountant works closely with Property Managers, clients, and tenants to deliver exceptional financial services that support property performance and client satisfaction.

Key Responsibilities

• Prepare monthly, quarterly, and annual financial statements for assigned property portfolios.
• Complete month-end and year-end closing processes, including journal entries and account reconciliations.
• Analyze income statements, balance sheets, and general ledger activity for accuracy and completeness.
• Reconcile bank accounts, operating accounts, and security deposit accounts.
• Maintain accurate property financial records in accordance with company policies and accounting principles.
• Assist Property Managers in the preparation of annual budgets and operating forecasts.
• Monitor actual performance against budget and identify variances.
• Provide financial analysis and recommendations to support operational and strategic decisions.
• Prepare and process tenant billings, rent adjustments, and additional rent reconciliations.
• Calculate and reconcile Common Area Maintenance (CAM), real estate tax, insurance, and operating expense recoveries.
• Review lease agreements and ensure accurate implementation of lease terms within the accounting system.
• Respond to tenant and client inquiries regarding billing and account activity.
• Review and process invoices for payment in a timely and accurate manner.
• Monitor accounts receivable balances and partner with Property Managers on collection efforts.
• Maintain vendor records and ensure compliance with internal controls and approval processes.
• Collaborate with Property Managers to support financial operations and reporting requirements.
• Prepare ownership reports and customized financial analyses as requested by clients.
• Assist with internal and external audits.
• Support property acquisitions, dispositions, and transitions as needed.