Property Accountants in the United States pull down an average of $51K per year. Total cash compensation for Property Accountants runs from $39K to $67K depending on bonuses that can occasionally exceed $6K and profit sharing that can reach almost $3K. Geography and career duration each impact pay for this group, with the former having the largest influence. Men are in the minority of survey respondents, with female Property Accountants making up 74 percent. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction is high and work is enjoyable for most Property Accountants.

$40,245 - $66,207
(Median)
$40K
$51K
$66K
MEDIAN: $50,950
10%
50%
90%

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$16.20 - $28.08
(Median)
$16
$20
$28
MEDIAN: $19.00
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
$40,245 - $66,207  
   
Bonus
$305.21 - $5,942  
Profit Sharing
$0.00 - $3,030  
Commission
$1,750  
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).
)
$38,995 - $67,239  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 466
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$14$28$42
Hourly Rate
$16.20 - $28.08  
   
Overtime
$24.72 - $41.35  
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$28K$56K$84K
Bonus
$305.21 - $5,942  
   
Commission
$1,750  
Profit Sharing
$0.00 - $3,030  
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).
)
$38,995 - $67,239  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 73
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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 Financial Controller, they may see a strong upturn in salary. Financial Controllers earn $77K on average per year. A common career progression for a Property Accountant is to become a Senior Accountant or an Accounting Manager. Compared to Property Accountants, the first group earns $9K more on average, and the second group earns $10K more.

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Popular Skills for Property Accountant


Property Accountants generally report applying a varied skill set to their work. Most notably, skills in Accounting, Budgeting, Microsoft Excel, and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate 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.


For many Property Accountants, extensive experience does not lead to significantly more money. Salaries for the relatively untried average out to around $48K, but survey participants with five to 10 years of experience earn a significantly higher median of $55K. The average pay reported by folks with 10 to 20 years of experience is around $56K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $60K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location

National Average: $50,888

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

For Property Accountants, New York provides a pay rate that is 29 percent greater than the national average. Property Accountants will also find cushy salaries in Austin (+20 percent), Chicago (+18 percent), San Francisco (+15 percent), and San Diego (+12 percent). In Virginia Beach, salaries are 18 percent below the national average and represent the lowest-paying market. Employers also pay below the national average in Orlando (17 percent lower) and Los Angeles (6 percent lower).

Property Accountant Reviews

What is it like working as a Property Accountant?

Property Accountant in Boston:
"Very difficult to Learn and Grow."
Pros: My company is wiling to give me more work to don't the don't promote or give me more money.
Cons: No one is teaching me anything. Everything I do is learning by mistake. I'm performing tasks outside my job description.

Related Job Salaries

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Experience Affects Property Accountant Salaries




National Average
$51,000


Skills That Affect Property Accountant Salaries

Accounting
up arrow 16%


Microsoft Excel
up arrow 2%

General Ledger Accounting
up arrow 1%

Financial Reporting
up arrow 1%

Financial Analysis
up arrow 1%

National Average
$51,000

Reconciliation
up arrow 2%

Accounts Payable
up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 74 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
5%
1-4 years
52%
5-9 years
22%
10-19 years
16%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 75%
medical benefits
Vision: 60%
dental benefits
None: 11%
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