About BFO Management
BFO Management is a growing real estate ownership and management company overseeing a diverse portfolio of office, retail, industrial, and operational properties across multiple markets. We are seeking a highly driven and detail-oriented Property Accountant who understands both accounting and real estate operations and can operate with an ownership mindset.
This is not a basic accounting role — we are looking for someone who understands how leases, recoveries, tenant improvements, labor costs, and operational efficiency impact NOI and long-term asset performance.
Position Overview
The Property Accountant will be responsible for the full financial oversight of assigned properties, ensuring accurate reporting, lease compliance, CAM reconciliations, budgeting, and financial analysis within the property management system. The role works closely with ownership, leasing, and property management teams and plays a critical role in maximizing revenue and identifying cost inefficiencies.
Key Responsibilities
Property Financial Management
Maintain complete and accurate property financials in the property management system
Perform bank reconciliations, balance sheet reconciliations, and financial reviews
Ensure all transactions are properly coded and documented
Identify and resolve discrepancies proactively
Monthly Close & Financial Reporting
Complete monthly close process within strict deadlines
Prepare:
Property financial statements
Rent roll analysis
Cash summaries
Aged receivables reports
Variance reporting
Deliver clean and accurate reporting packages to ownership
CAM Reconciliations & Lease Compliance
Track recoverable vs. non-recoverable expenses by lease
Prepare tenant-ready CAM reconciliations
Ensure tenant billing aligns with executed lease terms including:
Base rent
CAM
Real estate taxes
Escalations
Free rent periods and concessions
Coordinate with leasing and management teams to ensure lease accuracy
Accounts Receivable & Collections Support
Monitor AR aging and tenant delinquencies
Assist with collections strategy and escalation reporting
Ensure timely and accurate cash applications
Budgeting & Forecasting
Assist with annual property budgets and monthly reforecasts
Analyze budget vs. actual performance
Identify cost-saving opportunities and operational inefficiencies
Tenant Improvement (TI) & Capital Tracking
Track TI costs by property and tenant
Maintain TI schedules and ROI reporting
Analyze payback periods and lease deal profitability
Support ownership with capital investment analysis
Labor Cost & NOI Reporting
Track labor expenses by property and operational function
Analyze labor cost as a percentage of revenue
Assist leadership in evaluating operational efficiency and NOI impact
Qualifications
3+ years of property accounting or commercial real estate accounting experience preferred
Experience with property management system required (Yardi Breeze Premier preferred)
Strong understanding of:
CAM reconciliations
Lease administration
Budgeting and forecasting
Commercial real estate financial reporting
Advanced Excel and financial analysis skills
Strong organizational and communication abilities
Ability to manage multiple properties and deadlines simultaneously
Experience with office, retail, industrial, or mixed-use portfolios preferred
Key Traits We’re Looking For
Ownership mentality
Highly detail-oriented
Proactive problem solver
Strong analytical mindset
Ability to communicate financials clearly to non-accounting stakeholders
Focused on NOI growth and operational efficiency
Compensation & Benefits
Competitive salary based on experience
Growth opportunity within expanding real estate portfolio
Collaborative and entrepreneurial environment
Exposure to ownership-level decision making
To apply, please submit your resume along with a brief summary of your commercial real estate and property accounting experience.