Property Accountant Salary

Average Property Accountants in the United States make around $50K annually. Total cash compensation to Property Accountants bottoms out near $37K and approaches $67K on the high end; the biggest paychecks include approximately $6K from bonuses and almost $3K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by years of experience. Work is enjoyable for Property Accountants, who typically claim high levels of job satisfaction. Female Property Accountants make up most of the survey respondents at 75 percent. Medical benefits are awarded to most, and a strong majority earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.

$38,672 - $66,011
(Median)
$39K
$50K
$66K
MEDIAN: $50,244
10%
50%
90%

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$14.66 - $28.63
(Median)
$15
$19
$29
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$23K$46K$69K
Salary
$38,672 - $66,011  
   
Bonus
$0.00 - $6,489  
Profit Sharing
$195.74 - $3,081  
Commission
$814  
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).
)
$37,254 - $67,477  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 590
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$14.66 - $28.63  
   
Overtime
$18.49 - $38.75  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $6,489  
   
Commission
$814  
Profit Sharing
$195.74 - $3,081  
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).
)
$37,254 - $67,477  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 107
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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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Property Accountants do not often transition into Senior Property Management Accountant roles. The role averages $65K per year. 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.

Staff Accountant Job Listings

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Popular Skills for Property Accountant


Survey results imply that Property Accountants put a diverse skill set to use. Most notably, skills in Budgeting, General Ledger Accounting, Accounting, and Microsoft Excel are correlated to pay that is above average, with boosts between 4 percent and 12 percent. Skills that are correlated to lower pay, on the other hand, include Accounts Receivable and Accounts Payable. Most people experienced in Accounts Payable also know 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 $54K. The average pay reported by folks with 10 to 20 years of experience is around $56K. Individuals who report more than two decades of experience seem to make about the same as folks in the 10-to-20 year range.

Pay Difference by Location

National Average: $49,929

Larger city markers indicate a job is popular in that location.

For Property Accountants, San Francisco provides a pay rate that is 38 percent greater than the national average. Property Accountants can also look forward to large paychecks in cities like New York (+23 percent), Boston (+19 percent), San Diego (+13 percent), and Houston (+11 percent). Those in the field find the lowest salaries in Virginia Beach, 17 percent below the national average. Below-median salaries also turn up in Philadelphia and Denver (6 percent lower and 5 percent lower, respectively).

Related Job Salaries

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Experience Affects Property Accountant Salaries




National Average
$50,000


Skills That Affect Property Accountant Salaries

up arrow 12%


Microsoft Excel
up arrow 4%

Accounting
up arrow 4%

Financial Analysis
up arrow 3%

Financial Reporting
up arrow 1%

National Average
$50,000



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 134 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
3%
1-4 years
48%
5-9 years
27%
10-19 years
17%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 74%
medical benefits
Vision: 58%
dental benefits
None: 10%
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