Property Accountant

Posted 2 Days Ago
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Dallas, TX
Entry level
Real Estate
The Role
The Property Accountant will be responsible for ensuring accurate and timely completion of financial statements for their assigned portfolio. They will collaborate with the property management team, coordinate accounting deadlines, record cash receipts, review and approve vendor invoices, and prepare financial statements in accordance with GAAP. A bachelor's degree in accounting and 1-4 years of accounting experience, preferably in real estate, are required. Proficiency in Microsoft Office Suite and attention to detail are also important.
Summary Generated by Built In

Cabot Properties is an institutional investor, developer, and operator of logistics real estate. As an industry leader for over 30 years, we have used our expertise and acumen to create ongoing value for our partners. Cabot has a strong team of dedicated, bright, strategic, and detail-oriented individuals. We view people as our most valuable assets, and our greatest responsibility. 

We have an exciting opportunity for a Property Accountant in our Dallas office. This Individual will ensure that the financial statements for their assigned portfolio are completed accurately and in a timely manner. This includes detailed review of monthly financial statements and general ledgers along with reviewing daily transactions to ensure accuracy and compliance with policies.  Additionally, Accountants assist the Property Management team with the completion of Annual Budgets and Reconciliations.  This individual will have strong communication, organizational, and financial skills as well as the ability to maintain a realistic balance among multiple priorities.  This person must maintain the highest level of confidentiality and diplomacy regarding all Cabot Properties, L.P. and Cabot Properties, Inc. information. 


Duties and Responsibilities:

  • Collaborate with property management team to ensure accurate general ledger and subledgers.
  • Coordinate accounting deadline calendar to ensure all internal and reporting deadlines are met.
  • Daily recording of cash receipts to tenant ledgers.
  • Review and approval of AP vendor invoices.  Including coordinating payment of critical invoices, such as real estate taxes.
  • Preparation of monthly and quarterly financial statements in accordance with GAAP.  Including preparation and analysis of balance sheet reconciliations, variance analysis and operating expense reconciliations.
  • Assist in preparation of the annual property budget.
  • Other duties as assigned.


Qualifications and Experience:

  • Bachelor’s Degree in Accounting
  • 1-4 years accounting experience with real estate experience preferred
  • Self-motivated, high attention to detail, ability to multi-task and prioritize in a fast pace environment
  • Proficient with Microsoft Office Suite (Excel, PowerPoint, Word and Outlook)
  • Experience with MRI not required by a plus


Physical/Mental/Visual Demands and Work Environment:

  • The job is conducted in an office work environment while sitting most of the time
  • Approximately 90% of this position’s duties requires the use of a computer
  • Must be able to exert up to 20 lbs. of force occasionally related to filing
  • Hybrid work schedule


The work environment characteristics described above are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Cabot Properties provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, pregnancy, disability or genetics.

Top Skills

Microsoft Office Suite
The Company
HQ: Boston, MA
90 Employees
On-site Workplace

What We Do

Cabot Properties is an international private equity real estate investment firm exclusively focused on industrial properties. Formed in 1986, the firm is a leading investor, developer and operator of industrial properties throughout North America, the United Kingdom and Europe. Cabot has invested over $10 billion in industrial real estate, managing and operating over 3,800 tenants in over 1,400 buildings totaling approximately 180 million square feet. Cabot is headquartered in Boston with offices in London, Sydney, Chicago, and Dallas.

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