Property Accountant

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 report directly to the Property Accounting Manager.  They 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 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-paced environment
• Proficient with Microsoft Office Suite (Excel, PowerPoint, Word and Outlook)
• Experience with MRI not required but 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
• Travel related to lender and investor meetings and conferences
• 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.