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Property Accountant

MCB Real Estate

Job Location:

Baltimore, MD - USA

Yearly Salary: USD 65000 - 85000

Posted: 19 July 2026 (30+ days ago)

Application Deadline: 16 October 2026

Vacancies: 1 Vacancy

Job Summary

MCB Real Estate (MCB) is a privately held fully integrated national real estate investment and development firm headquartered in Baltimore Maryland. As a vertically integrated organization with in-house development construction and commercial property management capabilities MCB is involved in every stage of the real estate investment lifecycle. MCB manages approximately $4 billion in real estate assets on behalf of a primarily institutional investor base.

MCB believes in merit-based employment decisions that provide equal access to all employees and applicants including ensuring that this access prohibits unlawful discrimination and harassment of any type without regard to race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federal state or local laws.

Additionally we are committed to fostering cultivating and preserving a workplace culture that respects each individual employees contribution to our workplace. We embrace and encourage our employees differences in age color disability ethnicity family or marital status gender identity or expression language national origin physical and mental ability political affiliation race religion sexual orientation socio-economic status veteran status and other characteristics that make our employees unique.

This employment practice applies to all terms and conditions of employment including recruiting hiring placement promotion termination layoff recall transfer leaves of absence compensation and training.

POSITION OVERVIEW

The Property Accountant is responsible for the accounting financial reporting and cash management activities for an assigned portfolio of commercial real estate assets. This role supports the monthly close process preparation of financial statements account reconciliations and budgeting activities.

The Property Accountant partners closely with Property Management Asset Management Lease Administration Accounts Payable and other internal stakeholders to ensure accurate financial reporting and strong financial controls across the portfolio. The ideal candidate is detail-oriented motivated and capable of managing multiple priorities in a fast-paced environment while continuously seeking opportunities for process improvement.

This position is responsible for the full range of accounting processes and financial reporting for a portfolio of commercial and development real estate assets. The role partners directly with commercial property managers and asset managers.

KEY RESPONSIBILITIES

Financial Reporting & Month-End Close

Prepare monthly journal entries accruals and account reconciliations for assigned properties

Maintain property general ledgers and ensure the accuracy and completeness of financial information

Assist with the monthly quarterly and annual financial close process

Prepare monthly financial statements supporting schedules and variance analyses

Research and resolve accounting discrepancies and unusual account activity

Ensure transactions are recorded in accordance with GAAP and company accounting policies

Cash Management & Property Accounting Operations

Monitor property cash balances and assist with cash flow management activities

Prepare or review monthly bank reconciliations and investigate reconciling items

Review accounts payable activity to ensure proper coding approvals and expense recognition

Maintain accounting records related to fixed assets prepaid expenses accruals escrows and security deposits

Assist with tracking and monitoring accounts receivable balances and collection efforts

Budgeting Forecasting & Analysis

Assist in the preparation of annual operating budgets and periodic forecasts

Analyze operating results and provide explanations for budget-to-actual variances

Support Property Managers and Asset Managers with financial information and reporting requests

Prepare recurring and ad hoc financial analyses to support operational decision-making

Acquisition Disposition & Reporting Support

Assist with financial onboarding and setup of newly acquired properties

Support accounting activities related to property acquisitions and dispositions

Prepare lender ownership and other recurring reporting packages as required

Assist with audit requests and the preparation of year-end financial support schedules

Collaboration & Process Improvement

Communicate regularly with Property Managers Asset Managers Lease Administration and other stakeholders regarding property financial activity

Identify opportunities to improve accounting processes controls and reporting efficiency

Participate in system enhancements process improvement initiatives and special projects

Support the training and development of offshore or third-party accounting resources as applicable

QUALIFICATIONS & EXPERIENCE

Bachelors degree in Accounting Finance or related field required

2-4 years of accounting experience; commercial real estate or property accounting experience preferred

Understanding of GAAP and general accounting principles

Experience with MRI or similar real estate accounting software preferred

Strong Microsoft Excel skills

Excellent analytical organizational and problem-solving skills

Ability to manage multiple priorities meet deadlines and work independently

Strong written and verbal communication skills

CORE COMPETENCIES

Attention to Detail: Produces consistently accurate and thorough work

Accountability: Takes ownership of responsibilities and follows through on commitments

Analytical Thinking: Evaluates information effectively and resolves issues proactively

Collaboration: Builds strong working relationships across departments

Communication: Clearly communicates financial information to various stakeholders

Continuous Improvement: Identifies opportunities to improve efficiency and effectiveness

WORK ENVIRONMENT & EXPECTATIONS

This position is based in MCBs Baltimore headquarters and requires in-office attendance Monday through Thursday. Employees may work remotely on Fridays subject to business needs and company policy.

The role requires the ability to manage multiple deadlines maintain a high degree of accuracy and support a growing commercial real estate portfolio.

All job offers with MCB are contingent upon receipt of satisfactory background reports which may include depending upon required job duties and as allowed by applicable federal and state law consumer reports including but not limited to federal and state criminal identity credit and driving record. Unless otherwise stated in the job posting all posted positions are classified as full-time regularly reporting in-person to an assigned work location.

MCB Real Estate is an EEO Employer - M/F/Disability/Protected Veteran Status

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