Property Accountant

Come join one of San Diego’s four S&P 500 companies, Realty Income Corporation, the Monthly Dividend Company. Realty Income attracts individuals who value integrity, perseverance, and teamwork. If working in a professional environment that rewards employees based on meritocracy and values work-life balance resonates with you, please apply today.

Our current opening is for a Property Accountant will be responsible for preparation of monthly financial reports and analysis at the property level.

Specifically the Property Accountant will be responsible for:

General Ledger

• Complete month-end close procedures and accurately reconcile balance sheet and applicable income statement accounts to meet company’s reporting deadline.
• Maintain fixed assets for properties. Calculate book and tax depreciation and amortization.
• Prepare monthly accruals for CAM/Tax/Insurance.
• Prepare monthly bank reconciliations.
• Record new property acquisition and disposition transactions at the property level.
• Review new leases/lease amendments and calculate straight-line rent in the accounting system.

Financial Analysis

• Prepare budget vs. actual, actual vs. actual financial variance schedules and work with Property Managers to provide accurate fluctuation analysis.

Budgeting and Forecasting

• Support Property Management and Finance teams in quarterly/annual property budgeting and forecasting process.

Accounts Payable

• Review property invoice coding for accuracy.

External/Internal and IT Audit Process

• Assist in audits and analysis of property-level financials, as wells as walk through of internal controls.
• Document accounting procedures and processes

Performs other duties as assigned.

Education and Experience:

• 4 year Bachelor degree from an accredited college or university, with an emphasis in accounting, finance or related field.
• 4+ years of relevant work experience.
• Real estate industry and public accounting experience are highly preferred.

Knowledge, Skills, and Abilities:

• Clear understanding of GAAP and lease accounting.
• Must be organized, detailed, flexible, efficient and take ownership of own work product.
• Ability to work under pressure and adhere to strict deadlines.
• Strong analytical and communication skills.
• Intermediate to advanced Microsoft Excel skills.