Position Title: Property Accountant
Location: Jericho, NY
Full Time/Part Time: Full time
Req ID: R289-2025
Description:
****Unless specifically contracted, resumes from recruiting agencies are not being accepted for this position.******
We are currently seeking a Property Accountant to handle all aspects of site level accounting, analysis and reporting for a portfolio of U.S. assets. This would include the preparation of financial statements, explanations of balance sheet variances, review of base rent, recoveries and expense variance analyses. They will also prepare all necessary supporting and accounting schedules.
The position requires strong attention to detail, organizational and communication skills, the ability to focus on meeting deadlines, as well as be able to multi-task and work in a fast paced environment. The individual must thrive in a team environment; possess the ability to form strong working relationships throughout the organization.
Responsibilities include:
Process monthly and quarterly accounting close entries
Review general ledger balances for completeness, accuracy and account classification
Prepare general ledger account reconciliations, including sub-ledger to ledger systems
Review reconciliations prepared by outside vendors
Prepare detailed analysis of general ledger account fluctuations, coordinating with lease analysts, property managers and administrators for explanations
Assist in preparation of Net Operating Income and same site variance analysis
Assist in all day-to-day accounting activities, including posting of multiple property accounting transactions, monitoring and maintaining property cash activities and balances
Review and maintain the fixed asset ledger
Monitor property tax payments; ground rent payments
Prepare and process revenue recovery true-up adjustments
Understand mortgage terms (reporting, impound and escrow reimbursement requirements)
Calculate property related fees
Requirements:
Bachelors degree in accounting
2 years’ experience in public accounting and/or commercial real estate accounting
Property accounting and analysis experience a plus
Advance Microsoft Word, Excel and Outlook, with ability to quickly pick up other systems
Strong analytical, written, and verbal skills
The expected salary range for this position is between $65,000 and $75,000. The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.
** Kimco Realty is an Equal Opportunity Employer – Veteran/Disability **
About Us:
Kimco's mission is to create destinations for everyday living that inspire a sense of community and deliver value to our many stakeholders.
Kimco Realty® (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets, including high-barrier-to-entry coastal markets and rapidly expanding Sun Belt cities. Its tenant mix is focused on essential, necessity-based goods and services that drive multiple shopping trips per week.
Publicly traded on the NYSE since 1991 and included in the S&P 500 Index, the company has specialized in shopping center ownership, management, acquisitions, and value-enhancing redevelopment activities for more than 65 years. With a proven commitment to corporate responsibility, Kimco Realty is a recognized industry leader in this area. As of December 31, 2024, the company owned interests in 568 U.S. shopping centers and mixed-use assets comprising 101 million square feet of gross leasable space.
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