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Property Accountant Salary

Median pay for Property Accountants in the United States is around $49K annually. Cash earnings for Property Accountants — which occasionally include more than $7K from bonuses and more than $3K from profit sharing — stretch from around $37K to approximately $68K. Residence is the biggest factor affecting pay for this group, followed by years of experience. Most Property Accountants like their work and job satisfaction is high. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Men are in the minority of survey respondents, with female Property Accountants making up 75 percent.

$38,114 - $65,839
(Median)
$38K
$49K
$66K
MEDIAN: $49,188
10%
50%
90%

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$14.35 - $27.90
(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
$38,114 - $65,839  
   
Bonus
$0.00 - $6,749  
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).
)
$36,966 - $67,538  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 456
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
$14.35 - $27.90  
   
Overtime
$18.88 - $38.90  
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 - $6,749  
   
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).
)
$36,966 - $67,538  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 87

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United States (change)


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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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As Property Accountants transition into upper-level roles such as Senior Property Management Accountant, they may see a strong upturn in salary. Senior Property Management Accountants earn $64K on average per year.

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Popular Skills for Property Accountant


Property Accountants report using a diverse set of skills on the job. Most notably, skills in Budgeting, Accounting, General Ledger Accounting, and Microsoft Excel are correlated to pay that is above average, with boosts between 5 percent and 14 percent. Skills that pay less than market rate include Accounts Receivable and Accounts Payable. Most people skilled in Accounts Payable are similarly competent in Financial Reporting.

Pay by Experience Level for Property Accountant

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


Respondents with less than five years' experience take home $47K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $52K. Property Accountants with one to two decades of relevant experience report an average salary of approximately $55K. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $53K.

Pay Difference by Location


Property Accountants will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 36 percent. Property Accountants can also look forward to large paychecks in cities like New York (+24 percent), Boston (+21 percent), Houston (+13 percent), and Dallas (+10 percent). Virginia Beach is the lowest-paying area, 15 percent south of the national average. Workers in Seattle and Tampa earn less than others in this profession; their salaries fall short of the national average by 10 percent.

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United States (change)

Experience Affects Property Accountant Salaries




National Average
$49,000


Skills That Affect Property Accountant Salaries

up arrow 14%

Accounting
up arrow 6%


Financial Reporting
up arrow 1%

Microsoft Excel
up arrow 1%

National Average
$49,000

Financial Analysis
up arrow 1%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 123 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
3%
1-4 years
46%
5-9 years
29%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 74%
vision benefits Vision: 56% employee benefits None: 10%
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