Property Accountant

Description

Property Accountant

Koury Corporation is a Builder and Developer with over six decades of experience developing; Hospitality, Retail, Office, industrial, and Multi-Family, and Residential properties throughout Greensboro, North Carolina. This trusted experience distinguishes us as both an early pioneer and modern-day innovator. Our focus is choosing to develop, construct, lease and manage our own properties, doing so with the highest level of integrity and a long-term view. Our fully integrated business platform sets us apart and benefits our customers with the constant support of a dedicated and experienced team of architectural, construction, facilities, property management and leasing professionals. These are the ideals established by our founder, Joseph S. Koury, which continue to guide us now and into the future.

Job Summary:

We are seeking a detail-oriented and experienced Property Accountant to join our real estate team. This role is responsible for the full-cycle accounting of a portfolio of properties, ensuring accurate financial reporting, budgeting, and reconciliation for each asset. The ideal candidate will have experience in real estate accounting and a strong understanding of property management financials.

Experience and attributes:

0 to 3 years of accounting experience is preferred, experience in commercial real estate is desired. Individuals should be highly motivated, organized, have strong interpersonal, written, and verbal communication skills, and the ability to be a team player.

Responsibilities
Key Responsibilities:

Perform full-cycle accounting for a portfolio of commercial properties.

Prepare monthly, quarterly, and annual financial statements for each property.

Reconcile bank statements, tenant ledgers, prepaids, fixed assets, note payables, and balance sheet and income accounts.

Maintain general ledgers and record journal entries.

Track and manage accounts receivable and accounts payable.

Process rent rolls, tenant billing, and CAM (Common Area Maintenance) reconciliations.

Prepare property budgets, forecasts, and variance analysis.

Coordinate with property managers to ensure accuracy of financial data.

Prepare year-end audit schedules and work with external auditors as needed.

Ensure compliance with GAAP, internal controls, and company policies.

Support the implementation and maintenance of property management/accounting software systems (e.g., MRI).

Prepare and enter journal entries into accounting software.

Research, analyze, and report on accounts and transactions related to tenants and properties.

Other ad-hoc duties as assigned.

Benefits:

Health insurance
Dental insurance
Vision Insurance
Pet Insurance
Disability Insurance
Paid Time Off
401(k) with employer match

Koury Corporation is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

Requirements

Excellent attention to detail and accuracy

Ability to work independently in a fast-paced environment

Proficient in MS office with strong knowledge of and experience in Excel

Experience with SAGE 300CRE and MRI software preferred

Experience and aptitude to perform detailed work within an accounting system

Bachelor’s degree with an accounting major

Summary

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