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Lease Accountant 16524687
Washington, DCWe are seeking an experienced Lease Accountant. This is an IN OFFICE role based in Washington, DC 20001
The Lease Accountant will be responsible for administering leases for their properties, ensuring
the property accounting in compliance with the terms of the leases, preparation of rent and
expense recoveries, other tenant billings, and responding to tenant inquiries regarding rental
and additional charges.
Job Requirements
Bachelor’s Degree in Business, or related fields
2‐5 years of relevant accounting experience, real estate preferred
Strong analytic ability
Strong verbal, written and interpersonal communication skills
Capable of working both independently and as part of a team, flexible and able to multitask
Strong knowledge of Excel, Word, and experience with database management and
accounting software, preferably MRI.
Self‐motivated, team‐oriented, dependable, responsible, flexible, and professional
IND123
- Lease Administration/ Accountant
- Salary target: $60-90K
- MRI or Yardi software ideal
- Scope:
- Interpret and abstract new leases, amendments, and other lease documents, and input into MRI
- Generate monthly charges and provide tenants with monthly statements
- Manage, draft and track commencement agreements, and update lease information in MRI
- Prepare Welcome, Rent Commencement letters, and other correspondence,
- Prepare recovery pools and year end reconciliation for CAM, taxes, and insurance,
- Prepare income projections, post rental charges, and provide annual CAM/RET/Insurance estimates
- Monitor Gross Sales and prepare percentage rent billings
- Monitor critical lease dates such as Letters of Credits, Security Deposit reductions, Term, Notice, Lease options, and exercise dates
- Timely & accurately provide lease information to various departments, as needed
- Work closely with leasing/legal and resolve tenant /landlord lease interpretation disputes
- Monitor payments and post cash applications to tenant accounts, rent collection, tenant correspondence, and communication with tenants as necessary.
The Lease Accountant will be responsible for administering leases for their properties, ensuring
the property accounting in compliance with the terms of the leases, preparation of rent and
expense recoveries, other tenant billings, and responding to tenant inquiries regarding rental
and additional charges.
Job Requirements
Bachelor’s Degree in Business, or related fields
2‐5 years of relevant accounting experience, real estate preferred
Strong analytic ability
Strong verbal, written and interpersonal communication skills
Capable of working both independently and as part of a team, flexible and able to multitask
Strong knowledge of Excel, Word, and experience with database management and
accounting software, preferably MRI.
Self‐motivated, team‐oriented, dependable, responsible, flexible, and professional
IND123