Property Accountant Salary

An average Property Accountant in the United States can expect to take home roughly $49K per year. Cash earnings for Property Accountants — including $7K in bonuses and $3K in profit sharing proceeds near the top of the pay scale — generally stretch from $37K to $67K depending on individual performance. Location and experience level each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Work is enjoyable for Property Accountants, who typically claim high levels of job satisfaction. Most Property Accountants survey respondents are women (76 percent).

$38,320 - $65,723
(Median)
$38K
$49K
$66K
MEDIAN: $49,349
10%
50%
90%

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$14.39 - $28.24
(Median)
$14
$19
$28
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23K$46K$69K
Salary
$38,320 - $65,723  
   
Bonus
$0.00 - $6,788  
Profit Sharing
$58.17 - $3,117  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,136 - $67,438  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 472
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$14.39 - $28.24  
   
Overtime
$18.35 - $38.80  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $6,788  
   
Profit Sharing
$58.17 - $3,117  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$37,136 - $67,438  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 89
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Job Description for Property Accountant

Property accountants are in charge of handling property accounting tasks for their company. They are responsible for completing sound financial analysis and balance sheet account reconciliation. In addition, they prepare regular reports (usually monthly) based on organizational objectives.

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Property Accountant Tasks

  • Reconcile balance sheets, accounts, and invoices.
  • Prepare monthly, quarterly, and ad hoc reports with variance explanations.
  • Prepare and post entries to the general ledger and manage the monthly close process.
  • Prepare and implement audit schedules and process re-engineering to reduce financial errors.

Common Career Paths for Property Accountant


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While Property Accountants do not often become Senior Property Management Accountants, the job pays $64K per year on average. Senior Accountants or Accounting Managers are common next-step roles for Property Accountants moving up in their careers; annual pay for Senior Accountants is $9K higher on average, and it's $10K higher for Accounting Managers.

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Popular Skills for Property Accountant


Survey results show that Property Accountants use a fair number of skills. Most notably, skills in Budgeting, General Ledger Accounting, Accounting, and Microsoft Excel are correlated to pay that is above average, with boosts between 6 percent and 14 percent. Skills that seem to negatively impact pay include Accounts Receivable and Accounts Payable. Those proficient in Accounts Payable are, more often than not, also skilled in Financial Reporting.

Pay by Experience Level for Property Accountant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Salaries for the relatively untried average out to around $47K, but survey participants with five to 10 years of experience earn a significantly higher median of $52K. The average pay reported by folks with 10 to 20 years of experience is around $55K. Survey participants with more than twenty years of experience only make around $53K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Pay Difference by Location


For Property Accountants, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Property Accountants will also find cushy salaries in Washington (+32 percent), New York (+24 percent), Boston (+21 percent), and San Diego (+15 percent). The lowest-paying market is Philadelphia, which sits 20 percent below the national average. Below-median salaries also turn up in Virginia Beach and Seattle (15 percent lower and 10 percent lower, respectively).

Related Job Salaries

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Experience Affects Property Accountant Salaries




National Average
$49,000


Skills That Affect Property Accountant Salaries

up arrow 14%


Accounting
up arrow 6%

Microsoft Excel
up arrow 3%

Financial Reporting
up arrow 2%

Financial Analysis
up arrow 1%

National Average
$49,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 121 votes.

Gender

Female
76 %
Male
24 %

Years of Experience

Less than 1 year
3%
1-4 years
47%
5-9 years
29%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 75%
vision benefits Vision: 58% employee benefits None: 10%
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