Property Accountant

Job Description

Property Accountant | Koury Corporation

The Tone:
This is a full-time role at Koury Corporation, located in Greensboro, North Carolina. Koury Corporation is a Builder and Developer with over six decades of experience in Hospitality, Retail, Office, Industrial, Multi-Family, and Residential properties throughout the Greensboro area. The company develops, constructs, leases, and manages its own properties, operating with integrity and a long-term perspective. This role is crucial for ensuring the financial health and operational accuracy of the company’s property portfolio through precise accounting, reporting, and reconciliation.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person Greensboro–Winston-Salem–High Point Area

• Team: Real estate team
• Mission: Ensure accurate financial reporting, budgeting, and reconciliation for a portfolio of properties.
• Tech Stack: SAGE 300CRE, MRI, MS Office, Excel

What You’ll Actually Do
• Accounting Operations: Perform full-cycle accounting for a portfolio of commercial properties, maintaining general ledgers, and accurately recording journal entries into accounting software.
• Financial Reporting & Analysis: Prepare monthly, quarterly, and annual financial statements for each property, alongside developing property budgets, forecasts, and variance analysis.
• Account Reconciliation: Reconcile bank statements, tenant ledgers, prepaids, fixed assets, note payables, and all balance sheet and income accounts to ensure accuracy.
• Tenant and Property Management Support: Track and manage accounts receivable and accounts payable, process rent rolls, tenant billing, and Common Area Maintenance (CAM) reconciliations, coordinating with property managers on financial data.
• Compliance & Systems: Ensure adherence to GAAP, internal controls, and company policies, support year-end audit schedules, and assist with property management/accounting software systems.

The Must-Haves
• Background: Bachelor’s degree with an accounting major.
• Experience: 0 to 3 years of accounting experience is preferred, with a desired background in commercial real estate. Must have an aptitude to perform detailed work within an accounting system.
• Skills: Excellent attention to detail and accuracy; strong proficiency in MS Office with significant experience in Excel; strong interpersonal, written, and verbal communication skills; ability to be a team player.
• Bonus: Experience with SAGE 300CRE and MRI software.