Title: Property Lease Accountant
Location: Washington, DC “In Office”
Salary: 70K to 90K + Bonus
Cordia by Cherry Bekaert is currently seeking a Property Lease Accountant to join our client’s dedicated and dynamic accounting team in Washington DC.
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 MRI property management and accounting system.
• Generate monthly charges and provide tenants with monthly statements.
• Manage, draft and track commencement agreements, and update lease information in MRI.
• 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 Accounting, Business Administration, or a related field.
• 2‐5 years of relevant accounting experience in the Real - Estate Industry preferred
• Strong verbal, written and interpersonal communication skills.
• Capable of working both independently and as part of a team, flexible and able to multi‐ task.
• Strong knowledge of Excel, Word, and experience with database management and accounting software, preferably MRI or Yardi.
Cordia by Cherry Bekaert: Is a leading national recruiting and staffing firm that is part of the Advisory services of Cherry Bekaert. Headquartered in the Washington, DC area we focus on building strong relationships with employers and job seekers, like you, because we care about opening new doors to career opportunities and helping our clients grow. Cordia Resources by Cherry Bekaert supports diversity, inclusivity, and belonging in their hiring practices. All qualified employees are encouraged to apply regardless of race, color, religion, sex, national origin, age, disability, veteran status, marital status, sexual orientation, gender identity, or any other characteristic protected by applicable law.
