Property Accountant Salary

Property Accountants in the United States can expect to earn an average of $52K per year. Cash earnings for Property Accountants — which occasionally include more than $6K from bonuses and more than $5K from profit sharing — stretch from around $40K to approximately $68K. Residence and years of experience 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 72 percent. The majority of Property Accountants claim high levels of job satisfaction. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$40,077 - $67,410
$40K
$52K
$67K
MEDIAN: $51,769
10%
50%
90%

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$17.05 - $27.40
$17
$21
$27
MEDIAN: $21.00
10%
50%
90%

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$0$68K
Salary $40,077 - $67,410
Bonus $304.10 - $6,184
Profit Sharing $0.00 - $5,000
Commission $3,250
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).
)
$39,461 - $68,715
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 473
Hourly Data $0$41
Hourly Rate $17.05 - $27.40
Overtime $28.09 - $41.23
Annual Data $0$68K
Bonus $304.10 - $6,184
Commission $3,250
Profit Sharing $0.00 - $5,000
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).
)
$39,461 - $68,715
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 93

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

  • 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.
  • Reconcile balance sheets, accounts, and invoices.
  • Prepare monthly, quarterly, and ad hoc reports with variance explanations.

Common Career Paths for Property Accountant


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At the upper end, Property Accountants who move into a Financial Controller role can end up with a hefty increase in pay. The average income for Financial Controllers is a much higher $77K per year. Property Accountants typically move into roles as Senior Accountants or Senior Property Management Accountants, and those positions pay $8K more and $13K more, respectively.

Property Accountant Job Listings

Popular Skills for Property Accountant


Property Accountants report using a pretty varied skill set on the job. Most notably, skills in Accounting, Financial Analysis, Budgeting, and Microsoft Excel are correlated to pay that is above average, with boosts between 4 percent and 12 percent. At the other end of the pay range are skills like Accounts Receivable and Accounts Payable. The majority of those who know Accounts Payable also know Financial Reporting.

Pay by Experience Level for Property Accountant

Pay by Experience for a Property Accountant has a positive trend. An entry-level Property Accountant with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 356 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Property Accountant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $55,000 based on 131 salaries. An experienced Property Accountant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $53,000 based on 106 salaries. A Property Accountant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $57,000 based on 31 salaries.

Pay Difference by Location

29%

18%

16%

11%

11%

10%

-4%

-5%

-18%

National Average: $51,906

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

For those looking to make money, Property Accountants in New York enjoy an exceptional pay rate, 29 percent above the national average. Property Accountants will also find cushy salaries in Austin (+18 percent), Chicago (+16 percent), Boston (+11 percent), and Atlanta (+11 percent). Those in the field find the lowest salaries in Virginia Beach, 20 percent below the national average. Employers pay around 18 percent less in Orlando and 7 percent less in Los Angeles, below-median salaries for those in this field.

Property Accountant Reviews

Q: 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

Key Stats for Property Accountant

Gender

Female
70 %
Male
30 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 124 votes.
Less than 1 year
5%
1-4 years
52%
5-9 years
20%
10-19 years
17%
20 years or more
7%

Experience Affects Property Accountant Salaries

▲10%

▲5%

▲3%

National Average
$52,000

▼7%

Skills That Affect Property Accountant Salaries

Accounting
▲12%


▲3%



National Average
$52,000


Financial Reporting
▼2%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 124 votes.

Gender

Female
70 %
Male
30 %

Years of Experience

Less than 1 year
5%
1-4 years
52%
5-9 years
20%
10-19 years
17%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 72%
vision benefits
Vision: 57%
no benefits
None: 13%