Senior Property Accountant

Company: Highwoods Properties
Location: Raleigh
Posted on: May 5, 2025

Job Description:

DescriptionWhy Join Us?
As part of the Highwoods team, you're not just taking on a job; you're joining a culture that values integrity, collaboration, and growth. We believe our culture is the key to success in the dynamic world of commercial real estate. Every member of our team plays a role in defining and upholding this culture-it's not just words on a page, but a way of working and living every day.
When you join Highwoods, you'll bring your unique skills, experiences, and values to life through our shared mission. Together, we create a thriving workplace where every teammate has the support and opportunity to make a meaningful impact.
As a Highwoods Senior Property Accountant, you will be responsible for the financial accounting of an assigned portfolio of properties in a fast-paced environment. These financial accounting responsibilities will be performed to comply with Generally Accepted Accounting Principles and the company's Sarbanes-Oxley internal control documentation. Additionally, you will be responsible for reviewing building expenses, accounting for capital expenditures, reviewing customer leases and verifying associated rental revenue. In this role, you will interact with other corporate departments, field personnel and internal/external auditors.Key Responsibilities:

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• Reviews all work performed by the Property Accountant(s)
  
• Analyzes balance sheet reconciliations to research and clear outstanding items in a timely manner
  
• Prepares revenue and expense accruals for G&A cost centers
  
• Reviews annual budgets for G&A cost centers and coordinates building level budget review with Property Accountant(s) and field personnel
  
• Reviews, analyzes and reforecasts expense changes
  
• Reviews financial metrics for newly executed leases
  
• Resolves outstanding contract issues on capital improvements
  
• Reviews external lease commission invoices, and initiates payment process in a timely manner
  
• Reviews lease documents and capital expenditure information for possible lease incentives
  
• Prepares capital expenditure accruals based on actual cost to date and percentage of completion
  
• Processes capital expenditure close out journal entries
  
• Reviews bank reconciliations
  
• Prepares operating expense reimbursement calculations (estimates and reconciliations)
  
• Performs various other duties as assigned
  
  Requirements:
  
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  • Strong skills in analyzing and interpreting lease contracts and related financial data
    
  • Strong computer skills including spreadsheet and word processing applications
    
  • Knowledge of accounting concepts, techniques, and principles
    
  • Excellent verbal and written communication skills
    
  • The ability to be flexible and maintain a positive and respectful attitude in a dynamic office environment
    
  • Strong organizational, time management and supervisory skills
    
    Education/Experience:
    
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    • Bachelor's degree in accounting, finance or related field
      
    • 5-7 years of experience in accounting, financial or analytical capacity, preferably in the real estate field
      
    • 1-2 years supervisory experience preferred
      
    • Experience with JD Edwards general ledger software preferred
      
      Work Environment/Physical Demands:
      Work is of a general office nature; while performing the duties of this job, the employee is regularly required to talk, hear, and see; required to use arms and hands to reach and handle; typing on computer keyboard and using phone required. Ability to read, understand, and to communicate information and ideas clearly in writing and orally required. The employee may occasionally need to climb, balance, stoop, kneel, or crouch; and lift and/or move up to 10 pounds.
      
      Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
      
      This employer is required to notify all applicants of their rights pursuant to federal employment laws.
      For further information, please review the notice from the Department of Labor.

Keywords: Highwoods Properties, Fayetteville , Senior Property Accountant, Accounting, Auditing , Raleigh, North Carolina