SENIOR PROPERTY ACCOUNTANT
Why Merus?
Formerly known as Al. Neyer, Merus combines more than 130 years of commercial real estate expertise with an integrated team of company owners. We specialize in the construction, development, ownership, and management of a diverse portfolio of real estate assets across a growing footprint in the eastern U.S.
We’re all owners here. This not only sets us apart but deeply influences our culture and operations. Every team member demonstrates a deeper sense of ownership and accountability — in both their daily tasks and the collective success of the organization. Learn more about our culture at www.merus1894.com.
Summary of Responsibilities
Merus is expanding its finance and accounting team with a new Senior Property Accountant role. In this position, you will play a key role supporting our accounting and asset management teams by ensuring accurate and timely financial reporting for a large portfolio of assets managed by the company.
We are seeking a detail-oriented, proactive professional who thrives in a dynamic, fast-paced environment. You are organized, analytical, and motivated by accuracy and efficiency. You take ownership of your work and find satisfaction in delivering high-quality results that drive business success. If you like to dig into the details and make a big impact, this role is for you. You will be part of a collaborative, high-performing team where your contributions are valued and your professional growth is supported.
As a Senior Property Accountant, you’ll be responsible for full-cycle accounting for multiple properties, including preparing financial statements, analyzing performance, and supporting key business decisions. You’ll collaborate closely with the asset management and leadership teams to ensure data integrity, process improvement, and financial excellence across the portfolio.
Essential Job Functions
- Prepare and review monthly, quarterly, and annual financial statements for multiple properties in accordance with GAAP, Tax, and company policies.
- Take full ownership of all financial aspects of assigned assets, ensuring accuracy and completeness.
- Maintain and review property-level general ledgers, including journal entries, accruals, and adjustments as necessary.
- Partner closely with the asset management team to provide timely and accurate financial information and support.
- Prepare and analyze balance sheets, income statements, and cash flows, providing variance analysis and financial insights for multiple assets.
- Review annual operating budgets and forecasts in collaboration with the asset management team.
- Review monthly financial reporting and cash flow forecasts against annual budgets and present financial highlights and variance explanations to leadership.
- Monitor tenant accounts receivable and accounts payable for accuracy and timeliness.
- Lead and support year-end GAAP audits for assigned entities.
- Oversee Common Area Maintenance (CAM) reconciliations to ensure expenses are properly allocated and reconciled per lease agreements.
- Prepare timely and accurate reconciliations, including bank and balance sheet reconciliations.
- Lead preparation and analysis for property tax appeals, ensuring compliance and cost optimization.
- Calculate, review, and process fee expenses (development, asset management, management, etc.) to appropriate recipients.
- Perform and review quarterly accounting and reporting for equity funds.
- Identify and implement process improvements to increase efficiency and accuracy.
- Ensure all accounting deliverables are completed in accordance with department deadlines.
Essential Competencies
- Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
- Resourcefulness - Securing and deploying resources effectively and efficiently.
- Interpersonal Savvy - Relating openly and comfortably with diverse groups of people.
- Optimizes Work Processes - Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
- Being Resilient - Rebounding from setbacks and adversity when facing difficult situations.
- Courage - Stepping up to address difficult issues, saying what needs to be said.
Position Requirements
- Highly motivated, detail-oriented individual with a strong sense of ownership and accountability.
- Ability to manage multiple priorities in a fast-paced environment while maintaining accuracy and organization.
- Excellent written and verbal communication skills, with the ability to collaborate effectively across teams.
- Strong analytical skills and critical thinking ability to interpret financial data and provide insights.
- Adaptable to evolving processes and committed to continuous improvement.
- Strong understanding of accounting principles and application of GAAP in real estate operations.
- Ability to work both independently and collaboratively as part of a team.
Qualifications and Experience
- Bachelor’s degree in Accounting, Finance, or related field required.
- 2+ years of property or real estate accounting experience preferred.
- Proficiency in Microsoft Office Suite, with advanced Excel skills required.
- Experience with Yardi or similar accounting software highly valued.
- Solid understanding of U.S. Generally Accepted Accounting Principles (GAAP).
- Proven ability to leverage technology to enhance process efficiency.
- Demonstrated initiative to expand professional knowledge and grow within the real estate accounting field.
Safety Hazard of the Job
Normal safety hazards associated with office work, and with occasional observational visits to construction sites.
Physical Demands
Low physical effort required to sit, stand at files, bend, stoop, lift, and walk. Maximum unassisted lift is 35 lbs. Average lift is less than 10 lbs. Requires ability to use a keyboard and monitor. Also requires the ability to communicate verbally, both in person and on the telephone. May require some travel by car.
Environmental Requirements
Average inside office environment. Average office noise levels. No personal protective equipment is required. Ambient temperature is between 68F and 76F.
This job description is not intended to be all-inclusive. The employee will also perform other reasonably related business duties as assigned by their immediate supervisor and other management as required. This job description is not a contract or offer for employment, and either you or Merus may terminate employment at any time for any reason.
