Job Description – Property Accountant
Location: Lahore, Pakistan
Employment Type: Full-Time -Night shift
Work Mode: Onsite
Job Summary
We are seeking a detail-oriented and experienced Property Accountant to manage financial records, accounting operations, and reporting for property and real estate portfolios. The ideal candidate will have a strong understanding of property accounting, rental income, expense management, reconciliations, and financial reporting.
Key Responsibilities
- Maintain accurate financial records for property portfolios and real estate operations.
- Manage accounts payable, accounts receivable, and general ledger entries.
- Record and reconcile rental income, tenant payments, security deposits, and property-related expenses.
- Prepare monthly, quarterly, and annual financial statements and management reports.
- Monitor rent collections, outstanding balances, and tenant account reconciliations.
- Manage property operating expenses, maintenance costs, utilities, and vendor payments.
- Perform bank reconciliations and investigate financial discrepancies.
- Assist with budgeting, forecasting, and variance analysis for property operations.
- Maintain accurate records of leases, rental agreements, and property-related financial transactions.
- Support month-end and year-end closing activities.
- Ensure compliance with applicable accounting standards, tax regulations, and internal financial controls.
- Coordinate with property management teams, tenants, vendors, and external auditors.
Required Qualifications & Experience
- Bachelor's degree in Accounting, Finance, or a related field.
- 2–4 years of relevant accounting experience, preferably in property management or real estate.
- Strong knowledge of accounts payable, accounts receivable, general ledger, and reconciliations.
- Experience in rental income accounting, property expenses, and lease-related transactions.
- Proficiency in MS Excel and accounting software (QuickBooks, Xero, Yardi, or similar).
- Strong analytical, organizational, and problem-solving skills.
- Excellent attention to detail and ability to meet reporting deadlines.
