Cordia Resources by Cherry Bekaert is partnered with a top DC Metro-based developer who is seeking a Lease Accountant to join their team. Details below.
Title: Lease Accountant Location: Washington, DC Salary Range: $60,000 - $90,000 Job Type: Permanent / Full Time
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 Description:
Interpret and abstract new leases, amendments, and other lease documents, and input into system
Generate monthly charges and provide tenants with monthly statements
Manage, draft and track commencement agreements, and update lease information
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
Job Requirements
Bachelor’s Degree in Business, or related fields
2+ years of relevant accounting experience, real estate preferred
Strong analytical 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.
Self‐motivated, team‐oriented, dependable, responsible, flexible, and professional