What You Will Do

· Calculate and assess operating expense charges, annual rent escalations, CAM reconciliations/estimates, and other billable expenses; work directly with property managers to assist in understanding the results and ensure efficient processing of any potential financial impacts

· Monitor lease renewals, amendments, and terminations and update lease accounting in Yardi accordingly

· Input new leases and renewals into Yardi using the lease abstracts

· Process security deposit refunds

· Assist in preparing annual operating income/expense budgets

· Assist with internal and external audits related to lease accounting and provide necessary documentation and support

· Determine any percentage rent due for retail tenants based on sales reports

· Prepare tenant account analysis and reconciliations

· Oversee tenant billings, collections, and cash application

· Inform management as to any discrepancies or any other problem areas that may arise

· Coordinate collection and documentation of all revenues following lease obligations of tenants per the owner’s policy on accounts receivable

· Administer the commercial property database using Yardi software

· Ensure the accuracy of the information in Yardi available to the property managers, as well as anticipate any potential impacts on the    financial statements

· Maintain and update copies of all relevant lease-related documents in the Yardi database

· Develop or work with IT/Accounting to develop new tools, including custom reports and queries to meet commercial department objectives as well as build and enhance operational systems and processes

· Communicate with the accounting department to ensure the accuracy of rent roll and other financial information maintained in Yardi

· Provide and implement ideas and suggestions for the continued improvement and standardization of existing lease templates, financial reports, and other related documents

Skills and Abilities You Should Have:

· Accounting or Finance degree, or equivalent work experience in general accounting

· 2+ years of experience in lease accounting or related roles, preferably in the commercial real estate industry.

· Knowledge of general practices of commercial property management

· Knowledge of financial principles and reporting

· Attention to detail and accuracy

· Planning and organizing

· Scheduling and monitoring

· Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.

· Ability to work independently and manage multiple priorities in a fast-paced environment

· Ability to prioritize the tasks at hand

· Ability to exercise judgment and discretion

· Initiative-taker

· Proficiency in relevant property management and accounting software. Yardi experience is not required but would be a bonus

· Intermediate to Advanced Excel experience

· Strong written and verbal communications skills and proficiency in Word

Work Environment and Physical Requirements

· Work the majority of a day sitting at a desk

· This role is scheduled for a standard 40-hour workweek, however, department demands may require overtime, including regular attendance and active participation at company functions and events

· This role is non-exempt, hourly, and may entail working hours as needed to perform the position requirements satisfactorily

· This role requires frequent sitting, standing, walking, stair-climbing, bending, and reaching

· The position requires constant communication in English through verbal, written, and various electronic means

· A clean DMV record, proof of vehicle insurance, background check, and pre-employment drug test will be required.