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Property Accountant Salary

Median pay for Property Accountants in the United States is around $49K annually. Including potential for bonuses and profit sharing — peaking near $7K and $3K, respectively — total cash payment to Property Accountants can bottom out near $37K or peak near $67K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by experience level. Female Property Accountants make up most of the survey respondents at 75 percent. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Work is enjoyable for Property Accountants, who typically claim high levels of job satisfaction.
$38,021 - $65,274
(Median)
38K
49K
58K
65K
MEDIAN: $48,958
10%
50%
75%
90%

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$13.81 - $27.90
(Median)
14
17
23
28
MEDIAN: $18.00
10%
25%
75%
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
$38,021 - $65,274  
   
Bonus
$0.00 - $6,887  
Profit Sharing
$61.28 - $3,048  
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).
)
$36,942 - $67,143  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 402
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
$13.81 - $27.90  
   
Overtime
$18.94 - $38.43  
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 - $6,887  
   
Profit Sharing
$61.28 - $3,048  
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).
)
$36,942 - $67,143  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 87
United States (change)

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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Compensation may increase greatly for Property Accountants who advance to upper-end positions like Senior Property Management Accountant. Median pay for Senior Property Management Accountants is $64K per year.

Staff Accountant Job Listings

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Popular Skills for Property Accountant


Property Accountants seem to require a number of specific skills. Most notably, skills in Budgeting, Accounting, General Ledger Accounting, and Microsoft Excel are correlated to pay that is above average, with boosts between 4 percent and 14 percent. Skills that are correlated to lower pay, on the other hand, include Accounts Payable and Accounts Receivable. Those familiar with Accounts Payable also tend to know Financial Reporting.

Pay by Experience Level for Property Accountant

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


More years of relevant experience do not necessarily translate to higher paychecks. Salaries for the relatively untried average out to around $46K, 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. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $56K.

Pay Difference by Location


For Property Accountants, Boston provides a pay rate that is 27 percent greater than the national average. Property Accountants can also look forward to large paychecks in cities like New York (+26 percent), Dallas (+11 percent), Houston (+9 percent), and Atlanta (+8 percent). Trailing the national average by 8 percent, Seattle is the market with the smallest paychecks. Employers also pay below the national average in Minneapolis (8 percent lower) and Denver (5 percent lower).

Related Job Salaries

Experience Affects Property Accountant Salaries




National Average
$49,000


Skills That Affect Property Accountant Salaries

up arrow 14%

Accounting
up arrow 7%

General Ledger Accounting
up arrow 4%

Microsoft Excel
up arrow 2%

Financial Reporting
0%

Financial Analysis
0%

National Average
$49,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 128 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
18%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 73%
vision benefits Vision: 55% employee benefits None: 10%