Property Accountant

We are looking for a detail-oriented Property Accountant to support real estate lease accounting operations for a healthcare organization in Rancho Cordova, California. This Long-term Contract position will focus on tenant billing, deposit tracking, reconciliations, reporting, and financial record accuracy across leased and owned properties. The ideal candidate brings strong accounting knowledge, commercial real estate exposure, and the ability to work across internal teams to maintain timely and accurate financial information.

Responsibilities:

• Manage tenant deposit activity by coordinating banking-related processes, preparing required records, and ensuring accurate communication between treasury and accounting teams.
• Enter and maintain deposit transactions, receivables, and related lease data within the real estate lease administration platform while verifying completeness and accuracy.
• Perform detailed reviews of tenant ledgers, investigate discrepancies, and support account reconciliations between lease records and the general accounting books.
• Prepare recurring tenant and subtenant invoices, validate charge calculations against lease terms, and help allocate shared costs correctly for customer billing.
• Produce monthly accounts receivable and delinquency reports, monitor aging balances, and follow up with tenants and internal stakeholders to address overdue payments.
• Build and maintain upload templates for deposit and payables activity, then coordinate submissions into connected accounting systems as needed.
• Assist with ASC 842 lease accounting activities by working with system administrators and accounting teams to support proper posting requirements.
• Contribute to forecasting and reporting by updating revenue assumptions, tracking contractual changes, and helping keep projections aligned with finalized invoices.
• Support audits, internal controls, and legal documentation requests by organizing financial records, responding to inquiries, and maintaining process documentation.
• Communicate with hospital leadership, foundation contacts, landlords, brokers, and service providers regarding lease-related billing, documentation, and property accounting matters.
• Bachelor’s degree in Accounting, Real Estate Management, Economics, Business Administration, or equivalent experience.
• At least 5 years of experience in accounting, commercial real estate, or a combination of both.
• Working knowledge of core accounting principles, including accounts payable, accounts receivable, accruals, reconciliations, and account coding.
• Experience using accounting and property-related software platforms, such as Lawson, ADP Financial Services, AMSI, AppFolio, or similar systems.
• Strong Microsoft Excel skills, including functions such as VLOOKUP and the ability to analyze large sets of financial data.
• Familiarity with real estate accounting processes, lease invoicing, tenant ledger management, and expense recoveries.
• Ability to conduct audits, resolve discrepancies, and prepare accurate supporting documentation for financial reviews.
• Strong communication and organizational skills with the ability to coordinate effectively across multiple internal and external parties.