Senior Commercial Real Estate Accountant

Job Description

SENIOR COMMERCIAL REAL ESTATE ACCOUNTANT

Senior Commercial Real Estate Property Accountant opportunity with a confidential market-leading investment real estate services firm, headquartered in Newport Beach, CA. Company real estate portfolio consists primarily of premier Neighborhood and Community Shopping Centers totaling approximately 2 Million Square Feet of GLA.

Primary Responsibilities:

• Property Accounting responsibilities for commercial real estate; primary focus in retail shopping centers and office projects.
• Prepare and maintain reporting in Yardi for large shopping centers on a monthly and annual basis, including General Ledger, Balance Sheets, Income Statements,  Accounts Payable, Cash Flow Statements, Bank Reconciliations, Rent Roll, Tenant Delinquencies, CAM Statements and Annual CAM Reconciliations, Monthly Management Reports, Periodic Lender Reports, Annual Budgets/Variance Analysis, and Property Performance Analysis for assigned properties.
• Perform month-end and year-end closing activities.
• Work as part of a highly successful Asset/Property Management group of professionals.
• Invoice processing.
• Obtain W-9 and insurance certificates from all vendors; update as required.
• 1099 processing.
• Perform percentage rent calculations
• Review tenant leases as such impact rental payments, reimbursements, and fee calculation.
• Proactively review income statements and general ledger details monthly to ensure accuracy, identify inconsistencies, make required adjustments, and review with asset/property manager, if needed.
• Prepare monthly budget versus actual variance analysis for assigned properties.
• Assist with audit and ad hoc financial requests as required.
• Support integration of new acquisitions as needed

Skills & Qualifications:

• Bachelor’s Degree in Accounting, Finance or Business Administration; CMA, CPA or CFM candidate preferred.
• 5-plus years of retail real estate property accounting experience required.
• Exceptional attention to detail.
• Outstanding computer skills, including but not limited to advanced proficiency with Yardi, Microsoft Excel, as well as other MS Office applications. Yardi experience must specifically be a minimum of one year for large retail shopping center projects.
• Excellent written and verbal communication skills.
• Ability to prioritize responsibilities, balance multiple projects, work and foster a team setting, and meet deadlines. 

Salary and Benefits Information:

This is a salaried position with the potential for annual bonuses based on individual and Company performance. In addition to the opportunity to be a part of this highly successful group, benefits include health coverage, paid vacation, sick leave and paid monthly parking.