Property Accountant

Job Description About BFO ManagementBFO Management is a growing real estate ownership and management company overseeing a diverse portfolio of office, retail, industrial, and operational properties across multiple markets. We are seeking a highly driven and detail-oriented Property Accountant who understands both accounting and real estate operations and can operate with an ownership mindset.This is not a basic accounting role — we are looking for someone who understands how leases, recoveries, tenant improvements, labor costs, and operational efficiency impact NOI and long-term asset performance.Position OverviewThe Property Accountant will be responsible for the full financial oversight of assigned properties, ensuring accurate reporting, lease compliance, CAM reconciliations, budgeting, and financial analysis within the property management system. The role works closely with ownership, leasing, and property management teams and plays a critical role in maximizing revenue and identifying cost inefficiencies.Key ResponsibilitiesProperty Financial ManagementMaintain complete and accurate property financials in the property management systemPerform bank reconciliations, balance sheet reconciliations, and financial reviewsEnsure all transactions are properly coded and documentedIdentify and resolve discrepancies proactivelyMonthly Close & Financial ReportingComplete monthly close process within strict deadlinesPrepare: Property financial statementsRent roll analysisCash summariesAged receivables reportsVariance reportingDeliver clean and accurate reporting packages to ownershipCAM Reconciliations & Lease ComplianceTrack recoverable vs. non-recoverable expenses by leasePrepare tenant-ready CAM reconciliationsEnsure tenant billing aligns with executed lease terms including: Base rentCAMReal estate taxesEscalationsFree rent periods and concessionsCoordinate with leasing and management teams to ensure lease accuracyAccounts Receivable & Collections SupportMonitor AR aging and tenant delinquenciesAssist with collections strategy and escalation reportingEnsure timely and accurate cash applicationsBudgeting & ForecastingAssist with annual property budgets and monthly reforecastsAnalyze budget vs. actual performanceIdentify cost-saving opportunities and operational inefficienciesTenant Improvement (TI) & Capital TrackingTrack TI costs by property and tenantMaintain TI schedules and ROI reportingAnalyze payback periods and lease deal profitabilitySupport ownership with capital investment analysisLabor Cost & NOI ReportingTrack labor expenses by property and operational functionAnalyze labor cost as a percentage of revenueAssist leadership in evaluating operational efficiency and NOI impactQualifications3+ years of property accounting or commercial real estate accounting experience preferredExperience with property management system required (Yardi Breeze Premier preferred)Strong understanding of: CAM reconciliationsLease administrationBudgeting and forecastingCommercial real estate financial reportingAdvanced Excel and financial analysis skillsStrong organizational and communication abilitiesAbility to manage multiple properties and deadlines simultaneouslyExperience with office, retail, industrial, or mixed-use portfolios preferredKey Traits We're Looking ForOwnership mentalityHighly detail-orientedProactive problem solverStrong analytical mindsetAbility to communicate financials clearly to non-accounting stakeholdersFocused on NOI growth and operational efficiencyCompensation & BenefitsCompetitive salary based on experienceGrowth opportunity within expanding real estate portfolioCollaborative and entrepreneurial environmentExposure to ownership-level decision makingTo apply, please submit your resume along with a brief summary of your commercial real estate and property accounting experience.