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Project Accountant 15329409

Arlington, VA
National Property Management Company (Arlington, VA/Hybrid)
Project Accountant ($70-80k salary)

Company Overview:
Our client is a 50-year-old, privately owned, nationally operating, commercial and residential property management company with their local HQ in Arlington, VA. The company has stellar work environment with a large focus on internal promotions, strong work/life balance, and flexibility and trust amongst the teams. The organization operates on a hybrid work schedule.

Role Summary:
The company is seeking a Project Accountant with 1-3 years of corporate accounting experience, who values personal and professional growth. This role offers strong mentorship, training resources, and the ability to take on increasingly challenging work. The candidate will focus on owning the financial reporting, and daily operational accounting for various properties.
Salary target is $70-80k.

  • Responsible for the general ledgers for assigned properties, including monthly journal entries, income and expense accruals, expense recovery true-ups review, GAAP adjustments and bank reconciliations.
  • Understanding of accounts payable (AP), accounts receivable (AR), cash receipts and lease administration functions of commercial real estate and how they drive the financial results of assigned project.
  • Prepare monthly and quarterly reporting packages on the assigned portfolio of properties. The packages include analyses and support schedules of all balance sheet account and explanations of significant variances in income statement accounts.
  • Review annual expense reconciliation schedules and billings to tenants.
  • Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors.
  • Work with the external auditors and prepare the draft annual financial statements and notes.
  • Assist with audits in terms of research, analysis, documentation and response.
  • Responsible for the annual property budget and quarterly forecast review. This includes review of the lease and expense data in the prescribed software to generate revenue, expense and capital budget/forecasts, and preparation of property GAAP adjustments.
  • Assist in preparation of the budget/forecast packages including detailed analysis of the revenue, expense and capital components.
  • Prepare monthly cash forecast
  • Assist Managers and Controllers with ad hoc requests.

  • BS degree in Accounting or Finance
  • 2+ years commercial real estate accounting experience preferred or other industries
  • Knowledge of GAAP
  • Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting


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