Property Accountant

Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world’s GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the company’s global asset portfolio to provide our customers solutions that address today’s warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.

Job Title:

Property Accountant

Company:

Prologis

Property Accountant, Denver

A day in the life

Our Accounting team oversees the company's financial well-being while supporting operational and business planning in a dynamic, fast-paced environment. We work hard to ensure growth is accurately projected, managed, and our financial results are properly accounted for at Prologis. As our Property Accountant, you will collaborate with various members of Finance and Accounting to analyze and explain variances in financial results (budget/forecast to actual and month-to-month). The ideal candidate will be a go-getter with a doer mentality and a great attitude. You should have a strong background in analytics, data analysis, quantitative analysis, great eye for detail, and a strong commitment to process improvement.

Key responsibilities include:

• Independently analyzes and explains variances in financial results (budget/forecast-to-actual and month-to-month)
• Independently analyzes and explains variances between the PeopleSoft General Ledger and other systems
• Prepares account reconciliations for property related accounts to assess validity, correctness and appropriateness of balances; prepares adjusting entries when required.
• Understands the CAM Reconciliation/true-up process, including the impact of PeopleSoft recoverable expense uploads into Yardi
• Understand lease set up in property management system (Yardi) and able to verify accuracy against executed lease document(s), if needed
• Assists peers and Property Managers with troubleshooting issues in Yardi
• Understands the functionality of Yardi accounts receivable transactions and fully comprehends the impact of these transactions on the PeopleSoft general ledger

• Records property tax accruals and/or amortization of prepaid property taxes ensuring accuracy and perform detailed reviews to maintain financial integrity.

• Prepares and enters journal entries into PeopleSoft accounting system in accordance with Generally Accepted Accounting Principles
• Provides recommendations for improving current practices

Building blocks for success

Required:

• Bachelor’s degree in accounting and a minimum of 3 years’ experience in property accounting or a related field.
• Proficiency with accounting software and Microsoft Office Suite, particularly Excel.
• Excellent analytical, problem-solving, and time management skills.
• Ability to communicate effectively, both orally and written, across all levels of the organization.
• Keen attention to detail and a commitment to delivering accurate and timely financial data.
• Flexibility to adapt to changing priorities and manage multiple tasks simultaneously.
• Familiar with standard accounting concepts, practices, and procedures within the real estate industry

Hiring Salary Range of $72,000 - $88,000. Salary and whole compensation package (bonus target) to be determined by the candidate’s location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. 

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People First

Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here.

When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here.

As a successful global enterprise, Prologis has never lost