Senior Accountant - Recoveries
New
C
CentennialRetail Real Estate
RemoteFull-TimeSenior
Salary80,000 - 90,000 USD per year
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Job Details
- Experience
- Associates Degree in Accounting or 5 years relevant experience in tenant recoveries
- Required Skills
- Microsoft Excel
Requirements
- Associates Degree in Accounting OR 5 years of relevant experience in tenant recoveries.
- 3 years of experience with ERP general ledger systems (e.g., Yardi).
- Intermediate Excel skills including VLOOKUPs and pivot tables.
- Demonstrated ability to interpret complex lease language.
- Familiarity with real estate concepts such as co-tenancy, percent in lieu, gross rent, and abatements.
- Deadline-focused with strong organizational and problem-solving skills.
- Excellent written and oral communication skills.
- Professional customer service orientation.
- Real estate accounting experience preferred.
Responsibilities
- Setup and calculate monthly, quarterly and annual tenant recoveries, ensuring billings and financial statement accuracy.
- Interpret lease language to ensure accuracy of tenant recovery calculations, including exclusions and cost pools.
- Update occupancy reports for recovery calculations.
- Research and resolve tenant recovery discrepancies in a timely manner.
- Assist in collections of outstanding recoveries by providing backup documentation.
- Collaborate with 3rd party utility recovery groups and act as a point of contact for external auditors.
- Calculate and prepare annual per square foot rates for leasing, legal, and external clients.
- Oversee tenant recovery workflows for annual reconciliations and disputes.
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