POSITION OVERVIEWThe Property Accountant II is responsible for performing accounting and financial reporting activities for assigned property portfolios, ensuring accuracy, timeliness, and compliance with company and client requirements. This role performs core accounting functions, supports the monthly close process, and contributes to reliable client service delivery.Property Accountant II team members operate within a defined market(s) and/or client portfolio, supporting the Controller, Accounting Manager, and Accounting Supervisor in achieving financial and operational objectives. This role is expected to manage assigned responsibilities with growing independence while continuing to develop technical knowledge and process consistency.Organizational ScopeSupport accounting for assigned properties and portfoliosOperate within a defined market(s) and/or client portfolioPartner with Accounting Supervisors, Managers, and ControllersCollaborate with Property Management and centralized functions as neededPRIMARY RESPONSIBILITIESFinancial Reporting & Close ProcessPrepare monthly financial statement packages for assigned propertiesRecord journal entries and assist with accruals, depreciation, and amortization entriesPerform general ledger analysis and account reconciliationsSupport timely completion of monthly, quarterly, and year-end close processesMeet internal and external reporting deadlinesPortfolio Accounting & AnalysisAnalyze financial results and prepare basic variance explanationsReview income statements, balance sheets, and supporting schedules for accuracyAssist with budget preparation and forecast updatesPrepare operating expense reconciliations and other client deliverablesSupport Property Management and leadership with financial informationDaily Accounting OperationsPerform day-to-day accounting tasks across assigned portfoliosEnsure transactions are recorded accurately and in accordance with policiesMaintain accurate and complete property-level accounting recordsAssist with transition of new properties and client onboardingClient & Stakeholder EngagementCommunicate with Property Management teams and internal stakeholders on routine financial mattersRespond to inquiries and provide support on accounting-related issuesEscalate more complex issues to the Accounting Supervisor, Manager, or Controller as neededTeam Support & DevelopmentCollaborate with team members to support consistent and accurate accounting resultsShare knowledge and assist with recurring processes and deliverablesSupport training and onboarding of newer team members, where appropriateProcess Execution & ImprovementEnsure adherence to standardized processes and internal controlsIdentify opportunities to improve efficiency and accuracySupport implementation of process improvements and system enhancementsCompliance & ControlsEnsure compliance with company policies, client requirements, and accounting standardsMaintain audit-ready documentationSupport internal and external audit processesQualificationsBachelor’s degree in Accounting or Finance preferred2–5+ years of accounting experience, preferably in property accounting or real estateWorking knowledge of GAAP and financial reportingExperience with property accounting systems (e.g., Yardi, MRI, or similar) preferredKey CompetenciesSolid accounting and analytical skillsAttention to detail and accuracyAbility to manage multiple priorities with guidance as neededProblem-solving and critical thinkingCommunication and collaborationWhat Success Looks LikeAccurate and timely financial reporting across assigned portfoliosReliable execution of monthly close and day-to-day accounting responsibilitiesGrowing ability to manage assigned properties with reduced oversightPositive contribution to team performance and process consistencyWhat Makes This Role UniqueFocus on assigned properties with core accounting responsibilitiesOpportunity to build technical knowledge and expand portfolio ownershipImportant contributor to team success and operational consistencyNatural progression path into Senior Property Accountant ICompany DescriptionABOUT STREAM REALTY PARTNERSFounded in 1996, Stream Realty Partners (Stream) began with a vision. Not one focused on bricks and mortar, but with people at its foundation. Headquartered in Dallas, TX and operating in core markets coast to coast, we complete billions in annual transactions in office, industrial, retail, healthcare, land, and data center properties. With millions of square feet of assignments, Stream is one of the fastest-growing, full-service commercial real estate services organizations in the country. Our team of talented individuals have come together to create our distinct culture, best summarized by our firm’s core values: smart, honest, nice, and passionate.IMMEDIATE IMPACT. MEANINGFUL CAREER.At Stream, we know our success begins and ends with our people. It is the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client’s needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won’t simply start a new job—you will build a meaningful and impactful career.Additional Information#LI-TK1 #LI-Remote Stream Realty Partners offers competitive salaries, bonuses, medical/dental/vision insurance, pharmacy benefits, health savings account, flexible spending accounts, 401(k) plan with company matching, PTO, and holiday pay. Individual compensation packages are based on various factors unique to each candidate, including skill set, experience, qualifications, location, and other job-related reasons.
2 months ago