Property Accountant Career


Career Description:

The property accountant takes on a very important role in an organization.  The career of a property accountant takes on the responsibility of implementing accounting procedures or processes on all properties acquired by a specific organization.  The documentation and recording of an organization’s property or equipment is handled by a property consultant. The property accountant’s responsibilities include monitoring of an organization’s inventory, handle documentation of information, and prepare financial reports.

It is also the job of a property accountant to make sure that properties and equipments are properly maintained.  Repairs, maintenance and new acquisitions are all recorded and accounted for by the property accountant.  The records and cost information gathered by a property accountant is useful for an organization’s financial plans or pursuits.  The property accountant must have the necessary accounting skills to successfully do his job.  One must have the skills in organization, analysis, communication, and computer applications.

How to become a Property Accountant

To become a property accountant, one must earn a bachelor’s degree in accounting, finance, or other business-related degree. Gain relevant experience in accounting and be trained in various computer systems used for accounting.  Through internships or part-time jobs, one may be trained and gain practical experience.  An accounting experience in and investment company or real estate firm poses a great advantage for an aspiring property accountant.

Property Accountant Courses, training, programs

An accounting degree equips an aspiring property accountant with the necessary accounting skills and knowledge. The degree covers various courses which includes finance, accounting, information technology, economics, financial reporting, analysis, business law and ethics.

TOP 5 colleges/Universities

University of Texas-Austin, Texas

University of Pennsylvania, Pennsylvania

University of Chicago, Illinois

University of Illinois-Urbana, Illinois

University of Michigan-Ann Arbor, Michigan

Property Accountant Jobs, opportunities, salaries/pay

A property accountant has an opportunity to earn an average of $57,000 per year.  The salary depends on the type of employer, working location and year of experience.  An individual desiring to become a property accountant may find work in various private or public organizations.  He may also opt to start his own business and become self employed.

Category: Accounting Careers

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