Table of Contents:

Accounting ServicesReal Estate Accounting
Property Accountant

The Average Salary & Duties of A Property Accountant

In every business, regardless of the industry, the role of an accountant is necessary. Particularly in the real estate sector where there are financial statements involved.

In this article, we’ll feature the typical duties accomplished by a property accountant and the corresponding average salary. We’ll also discuss whether it’s ideal to hire locally or offshore for this role.

What is a Property Accountant?

What is a Property Accountant
A property accountant is a key position that handles the financial aspects of a real estate company’s rental properties. The major function of a real estate accountant is managing the business side of property management.
They play an essential role in forming the financial backbone of the property management business and contribute to its success. They are responsible for handling all the financial and technical tasks involved in managing commercial or residential properties.
If a real estate company manages properties for owners, the property accountant will regularly communicate with owners to clarify financial statements.
They also prepare financials and other documents which help owners to understand the profitability of their properties. With their assistance, property owners can make informed decisions about purchasing new properties.
In addition to this, real property accountant handles all aspects of rental deposit accounting. This involves establishing and overseeing the trust account for rent, tenant deposits, and bonds, including handling deposits and making disbursements.
ShoreAgents can aid you in hiring a virtual property finance professional. We can develop a comprehensive job description and recruit potential candidates for you to choose from. This can simplify the process of finding the ideal accountant for your property management needs.

What is the salary of a Property Accountant?

The salary for a property accountant depends on several factors. This includes experience, the job’s complexity, and the job’s specific location. The compensation varies by region and city in large countries, such as the United States. You can save a considerable amount of money by hiring a property accountant who will work in a low-cost area.
A ShoreAgents property accountant is based in the Philippines, a lower labor-cost country. ShoreAgents’ property finance specialist offers top talent and expertise at a fraction of the cost of a local accountant.

What is the average salary for a Property Accountant?

The table below is a guide based on the annual average property accountant salary. The cost savings are significant.
Consider that the salary amounts listed for most countries do not include additional costs. For instance, government charges, employer contributions, supplemental insurance, or the cost per employer for equipment. The salaries listed for the Philippines, however, do include government charges, ShoreAgents’ fees, and employee benefits.
A ShoreAgents virtual property accountant in the Philippines costs less than one-third of the average price in other countries.
The average salary of a Property Accountant in Australia
Australia Flag

AU

$90,052 AUD

Local

Philippines Flag

PH

$27,575 AUD

based in the Philippines

The average salary of a Property Accountant in New Zealand
New Zealand Flag

NZ

$81,420 NZD

Local

Philippines Flag

PH

$29,880 NZD

based in the Philippines

The average salary of a Property Accountant in United Kingdom
United Kingdom Flag

GB

£39,307 GBP

Local

Philippines Flag

PH

£15,423 GBP

based in the Philippines

The average salary of a Property Accountant in United States of America
USA Flag

USA

$69,069 USD

Local

Philippines Flag

PH

$18,577 USD

based in the Philippines

The average salary of a Property Accountant in Canada
Canada Flag

CA

$73,632 CAD

Local

Philippines Flag

PH

$24,526 CAD

based in the Philippines

The average salary of a Property Accountant in Singapore

SG

$68,830 SGD
Local
Philippines Flag

PH

$25,412 SGD
based in the Philippines

Can a Property Accountant work virtually?

Can a Property Accountant work virtually
Given the cost savings, you’re probably asking whether a property accountant can successfully do their job virtually. Property accountants can absolutely work remotely if you have suitable systems in place. Almost all the accountant’s duties can be handled by computer or telephone from anywhere in the world.
ShoreAgents can provide the necessary software tools for effective financial reporting and communication tasks with your remote property accountant. You’ll need the following:
  • An online rent portal
  • A cloud-based accounting software and management and communications tools
  • A clearly defined job description
  • Buy-in from current staff
  • Clearly written financial procedures

Hire a Property Accountant Expert Now!

Local Property Accountant Vs. Virtual Property Accountant

The advantages of hiring a virtual property accountant include:
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
Accountants are professionals and remain engaged when they can work with others in similar professions. ShoreAgents provides the opportunity for them to work with other property accountants. We also provide continuing education about the real estate industry. Because we understand real estate human resources issues, we know what’s required to retain employees.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
Accountants are professionals and remain engaged when they can work with others in similar professions. ShoreAgents provides the opportunity for them to work with other property accountants. We also provide continuing education about the real estate industry. Because we understand real estate human resources issues, we know what’s required to retain employees.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
Accountants are professionals and remain engaged when they can work with others in similar professions. ShoreAgents provides the opportunity for them to work with other property accountants. We also provide continuing education about the real estate industry. Because we understand real estate human resources issues, we know what’s required to retain employees.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
Accountants are professionals and remain engaged when they can work with others in similar professions. ShoreAgents provides the opportunity for them to work with other property accountants. We also provide continuing education about the real estate industry. Because we understand real estate human resources issues, we know what’s required to retain employees.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
Accountants are professionals and remain engaged when they can work with others in similar professions. ShoreAgents provides the opportunity for them to work with other property accountants. We also provide continuing education about the real estate industry. Because we understand real estate human resources issues, we know what’s required to retain employees.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
Accountants are professionals and remain engaged when they can work with others in similar professions. ShoreAgents provides the opportunity for them to work with other property accountants. We also provide continuing education about the real estate industry. Because we understand real estate human resources issues, we know what’s required to retain employees.
If you hire offshore, the lower cost is a significant benefit. The salary for a property accountant in the Philippines is significantly lower than in other countries. As stated in the examples, in Australia, New Zealand, the United Kingdom, the United States, Canada, and Singapore. You'll receive equivalent professional accounting services from a virtual accountant in the Philippines as you would from a local accountant.
The ShoreAgents recruitment process ensures that those candidates we present to you are highly qualified accountants with knowledge of property management. ShoreAgents is the only BPO provider managed day-to-day by an experienced real estate agency owner. Real estate industry knowledge is engrained in our culture.
Hiring an employee locally requires a considerable amount of time you could otherwise spend securing additional properties to manage. You’ll also need to find desk space and a computer for the individual to work at your site.
Working with us is a straightforward process. Begin by signing up and completing your company profile, providing information about your business and needs. Afterward, submit a work order for your virtual property accountant.
A member of the ShoreAgents team will contact you to clarify any details. We will then present candidates for you to interview, allowing you to choose the most suitable one for your company.
You won't have to worry about advertising or conducting background checks as we handle that for you. Additionally, we provide all the necessary equipment, including a desk, computer, webcam, and two monitors, for your virtual property accountant.
As long as you have good processes in place and the proper software, hiring a virtual property accountant has no downside.
But, of course, the decision to hire virtually is up to you. If you want all these advantages, contact us. ShoreAgents is an experienced real estate staffing solutions firm. We can help you develop the processes and acquire the software necessary for the success of your virtual property accountant.
Accountants are professionals and remain engaged when they can work with others in similar professions. ShoreAgents provides the opportunity for them to work with other property accountants. We also provide continuing education about the real estate industry. Because we understand real estate human resources issues, we know what’s required to retain employees.