Job Description

Property Accountant

About North Rock Real Estate

North Rock Real Estate is a full-service commercial real estate firm specializing in development, brokerage, and property management across Minnesota. We are seeking an experienced Property Accountant to lead our property management accounting department.

The ideal candidate has 5+ years of commercial real estate accounting experience, expert-level proficiency in Yardi, and a proven ability to manage complex financial reporting across multiple entities. This role is ideal for someone who thrives in a dynamic environment, enjoys improving processes, and is ready to grow into a leadership role as our portfolio expands.

Key Responsibilities

Financial Reporting & Analysis

Prepare timely and accurate financial statements, including balance sheets, income statements, and cash flow statements for a portfolio of ~1M SF of commercial property and 100 apartment units. Manage cash flow, AP/AR, accruals, bank reconciliations, and CAM reconciliations. Maintain organization in a high-volume, multi-client environment. Perform variance analysis and provide meaningful insights to ownership and management. Oversee bank accounts, including cash management, distributions, and transfers. Collaborate with property managers to ensure accurate financial reporting. Maintain and reconcile fixed asset ledgers, ensuring proper capitalization and depreciation.

Budgeting & Forecasting

Partner with property management and leasing teams to develop annual budgets and quarterly forecasts. Compare actual results to projections, explaining variances and identifying opportunities for improvement. Provide recommendations to enhance property-level financial performance.

Lease Administration

Oversee rent roll management, lease abstracts, and data accuracy in Yardi. Ensure timely and accurate tenant billing, rent collection, and resolution of discrepancies.

Qualifications

Bachelor's degree in Accounting, Finance, or related field (required) 5+ years of progressive accounting experience in commercial real estate (required) Advanced proficiency with Yardi (required) Proficiency in budgeting, forecasting, and financial analysis Strong Excel skills and familiarity with accounting software systems Experience with lease administration and tenant billing Excellent attention to detail, organization, and analytical skills Effective communication skills and ability to collaborate across departments

Benefits

401(k) with employer match Paid time off and holidays Professional development and advancement opportunities
Job Type: Full-time

Pay: $65,000.00 - $80,000.00 per year

Benefits:

401(k) matching Paid time off Professional development assistance
Application Question(s):

How many years have you worked with Yardi?
Education:

Bachelor's (Required)
Experience:

Commercial Real Estate Accounting: 5 years (Required)
Work Location: In person