Lease Accountant (Accounts Receivable) – Commercial Real Estate


Job title: Lease Accountant (Accounts Receivable) – Commercial Real Estate

Company:

Job description: Lease Accountant / Accounts Receivable (Commercial Real Estate-CRE)

Westwood, NJ.

Requires: Minimum of two years’ experience with lease accounting/billing; familiar with MRI accounting software.

Our client is a successful, established commercial real estate firm that owns and operates properties including shopping centers, retail stores and warehouse/distribution centers.

The Lease Accountant/Accounts Receivable (CRE) role is responsible for tenant account administration services and operation, accounts receivable, database management, reporting and audit services.

Lease Accountant/Accounts Receivable CRE Responsibilities:

  • Preparation and billing of yearly Common Area Maintenance (CAM), Tax and Insurance reconciliations;
  • Maintaining lease abstracts and managing new tenants’ setup, renewal and amendment;
  • Billing of monthly recurring charges;
  • Post daily rent receivables, prepaid rents and rent adjustments
  • Record security deposits, refunds, move-out adjustments, and tenant write-offs
  • Applying tenants’ payments to their rent charges;
  • Resolving tenant disputes, reaching out to them by phone, email, mail.
  • Work closely with the Property Management and Legal departments.
  • Coordinate lease renewals, expirations & terminations with Operations to ensure timely action is taken.
  • Assist with reports pertaining to status of Real Estate transactions and department’s performance.
  • Reviewing lease abstracts through careful review of tenant lease documentation and updating MRI accounting system in a timely manner.
  • Create various MRI ad-hoc reports in a timely and accurate manner.
  • Calculate reimbursable expenses, additional expenses and generate monthly invoices.
  • Reconcile and process recurring and one-time payments, rent roll changes, CPI or percentage rent adjustments, late fees and end-of-year reporting.
  • Track expiration dates and notice provisions (i.e., turnovers, rent starts, defaults, evictions)
  • Research and interpret tenant accounts and discuss any inquiries with internal and external parties
  • Establish and maintain a strong relationship with tenants and resolve tenant matters

Opportunity with a well-established CRE firm managing properties across the U.S. Small, friendly office team, family-oriented. Each team member is vital part of operations.

Requirements:

Lease Accountant/Accounts Receivable CRE Qualifications:

  • 2-plus years of experience with real estate accounts receivable or lease accounting
  • Knowledge of lease administration processes, lease terminology, and lease clauses; ability to interpret lease as it relates to tenant issues.
  • 2-plus years of experience interacting and resolving issues with tenants
  • Must have MRI accounting software experience
  • Bachelor’s degree in Business or Accounting preferred
  • Needs to possess a highly developed sense of tenant relations and interpersonal skills including high integrity, respect for all individuals (tenants and staff), appreciation of diversity (thought, ethnic, gender, etc.), professionalism
  • Strong analytical and critical thinking skills, problem-solving
  • Proactive and passionate about quality service and tenant satisfaction
  • Reliable, with consistent attendance, strong team player with the ability to work independently
  • A high level of time management and organization skills, able to maintain accuracy of all numbers and documents while multi-tasking.
  • Excellent written, oral and interpersonal communication skills
  • Proficiency with Microsoft Excel and Word
  • Able to work in a fast-paced environment

Expected salary:

Location: Westwood, CA

Job date: Wed, 10 Mar 2021 07:26:49 GMT

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