LHH · 5 days ago
Property Accountant
LHH is a company seeking a Property Accountant to manage day-to-day and period-end financial operations for assigned properties. The role involves delivering accurate reporting, supporting budget cycles, and partnering with property management and leadership.
Responsibilities
Record base rent, percentage rent, tax revenue, and CAM revenue in accordance with lease terms
Accrue and amortize expenses (taxes, insurance, management fees, utilities, CAM/non‑CAM payables)
Review operating statements and draft preliminary variance commentary
Update forecast ledgers as needed
Reconcile bank accounts, escrows, reserves, and prepaid schedules
Align fixed assets to the asset book; accrue capital expenditures (operations vs. development)
Review A/R aging (rent, CAM, tax) and key liabilities; provide year‑over‑year variance explanations
Prepare financial reporting packages for partners and lenders (statements, rent rolls, certifications, DSCR, etc.)
Maintain and update property‑level cash flows to assess amounts available for distributions
Update quarterly forecasts and revised budgets across revenue, operating expenses, capex, tenant allowances, broker commissions, and cash projections
Build annual budgets with input from property managers and leasing; create presentation packages for leadership and lending partners
Complete CAM, insurance, and tax true‑ups by tenant
Assemble audit support, respond to auditor inquiries, and review draft reports
Record/analyze project costs; perform monthly and project reconciliations; ensure compliance and support contract reviews
Book entries related to new loans/refinancing, acquisitions, dispositions, and seller prorations
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field preferred
Experience in property accounting or real estate finance is a plus (CAM, % rent, and tax reconciliations helpful)
Strong analytical, organizational, and communication skills
Proficiency with accounting software and Microsoft Excel
Ability to work extended hours during month‑end, year‑end, and budget season
Benefits
Medical, dental, and vision insurance
Paid Time Off (PTO) accrual
Paid holidays
401(k) participation
Parental leave
Company
LHH
At LHH, we believe work should be meaningful, fulfilling, and connected.
Funding
Current Stage
Late StageLeadership Team
Recent News
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2025-05-17
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