Junior Property Accountant - Commercial

Join One of Cleveland’s Premier Real Estate Development Organizations

A highly respected and rapidly growing real estate development and management company is seeking a motivated and detail-oriented Property Accountant to join its Accounting & Finance team at its corporate headquarters in Cleveland, Ohio.

This is an exceptional opportunity for an accounting professional seeking long-term career growth within a sophisticated, vertically integrated real estate organization known for transformative developments, operational excellence, and a strong reputation across commercial real estate sectors.

The Property Accountant will play a key role in overseeing the financial operations of a commercial real estate portfolio while partnering closely with senior leadership, property management, and corporate accounting teams. This individual will gain direct exposure to complex real estate operations, large-scale developments, and a collaborative leadership group committed to employee development and advancement.

This position reports directly to the Assistant Controller – Commercial and offers strong long-term visibility, mentorship, and future advancement potential, including opportunities for leadership growth over time.

Company Overview

Our client is a full-service real estate development and management organization with decades of experience creating dynamic commercial, retail, residential, hospitality, and mixed-use environments throughout the region and nationally.

The company operates through a fully integrated platform encompassing:

• Acquisition
• Development
• Construction
• Architecture & Design
• Leasing
• Property Management
• Marketing
• Operations

The organization has earned a strong reputation for entrepreneurial thinking, long-term vision, financial stability, and high-quality developments.

Employees are drawn to the company’s collaborative, family-oriented culture and supportive team environment. The Accounting & Finance team operates with a close-knit, team-first mentality where individuals are given visibility, responsibility, flexibility, and the opportunity to build long-term careers within the organization.

This is an environment where high performers are recognized, supported, and positioned for continued advancement.

Position Overview

The Property Accountant will oversee the day-to-day accounting and financial reporting responsibilities for an assigned portfolio of commercial real estate assets.

This individual will serve as a key financial partner to both accounting leadership and property management teams while taking ownership of a portfolio of commercial properties.

The ideal candidate thrives in a fast-paced, team-oriented environment and enjoys combining technical accounting expertise with operational partnership and financial analysis.

This role includes direct involvement in:

• Monthly and annual financial close processes
• Property financial reporting
• Budgeting and forecasting
• Variance analysis
• CAM reconciliations
• Tenant accounting
• Audit support
• Cross-functional operational collaboration

This position offers excellent exposure to sophisticated commercial real estate finance operations and a clear path for continued advancement within the organization.

Schedule & Work Environment

• Hybrid schedule available
• Flexible scheduling available
• Collaborative, small-team environment with strong leadership visibility
• Family-oriented culture emphasizing work-life balance and professional development

Key Responsibilities

Property Accounting & Financial Reporting

• Perform full-cycle accounting for an assigned portfolio of commercial real estate properties
• Prepare monthly, quarterly, and annual financial statements and supporting schedules
• Record journal entries, accruals, amortization, and depreciation
• Review and reconcile general ledger accounts for accuracy and completeness
• Perform monthly bank reconciliations and monitor property cash activity
• Assist with audit and tax preparation workpapers

Budgeting, Forecasting & Financial Analysis

• Support annual budgeting and forecasting processes across assigned properties
• Analyze operating results and provide variance commentary to management teams
• Partner with property management to identify trends, risks, and opportunities
• Assist leadership with financial reporting and operational insights

Tenant & Property Financial Operations

• Calculate and reconcile tenant-related billings including CAM and percentage rent
• Coordinate with Accounts Payable and Accounts Receivable teams to ensure timely processing
• Review tenant billings, cash applications, and financial transactions for accuracy and compliance
• Investigate and resolve accounting discrepancies and reporting issues

Cross-Functional Collaboration

• Partner closely with property managers, corporate accounting, and senior leadership teams
• Support external audit and tax preparation processes
• Contribute t…