Accounting Manager/Senior Accountant-Property Accounting - Recruiting Resources, Inc.

High class, growing real estate firm is looking for a strong Senior Accountant or Accounting Manager-Property Accounting (DOE). The person will be responsible for overseeing all facets of retail real estate accounting. The position involved comprehensive leadership in property accounting, ensuring accurate financial reporting, meticulous rent management, and effective collaboration with tenants and affiliated companies. The person will play a key role in maintaining financial integrity and compliance while contributing to the strategic financial goals of the organization.

*Hybrid schedule*

*$110-$135k + 10-15% bonus*

*Excellent work/life balance and benefits*

Responsibilities:

• Prepare and review financial statements for multiple properties
• Manage general ledger activities, including journal entries, reconciliations, and month-end/year-end closing procedures
• Prepare budgets, forecasts, and variance analysis.
• Prepare and review CAM (Common Area Maintenance) reconciliations, estimations, budgets and forecasts and respond to tenant disputes related to CAM charges.
• Maintain support for property balance sheet and income statement accounts for assigned properties.
• Generate CPI or fixed rent increase letters and rent commencement letters
• Review monthly sales reports and calculate/bill percentage rent
• Enter and maintain tenant data in accounting and budgeting/forecasting systems
• Interface with tenants to address collections and billing issues
• Review and enter A/R adjustments and miscellaneous invoicing

QUALIFICATIONS:

• Bachelor’s degree in accounting, finance or related field
• Minimum 5-10 years of relevant accounting experience within commercial real estate
• Proficiency in real estate accounting software, Yardi (or MRI) a strong plus
• Advanced knowledge of MS Excel and other relevant software tools.
• Familiarity with CAM reconciliation processes
• Strong understanding of real estate accounting principles.
• Excellent verbal and written communication skills.
• Strong analytical and problem-solving skills
• Ability to communicate complex financial information to diverse stakeholders
• Exceptional attention to detail and accuracy in financial reporting

SCHEDULE:

Corporate employees are present at the office for four days a week (Monday to Thursday) and have the option to work remotely on Fridays, allowing for a balance between in-person collaboration and the convenience of remote work. Please note that the specific schedule may vary depending on the role and the nature of the work.

WORK ENVIRONMENT:

• Our employees dress in professional business attire, and depending on the role, uniforms may be required and provided
• Caruso cultivates a vibrant office culture through engaging initiatives such as organized social events, promote team-building activities, and celebrate milestones, all aimed at creating a positive and inclusive workplace atmosphere
• Accessibility: our facilities are designed to be accessible for individuals with disabilities, including elevators and accessible restrooms.
• · Computer Work: proficiency in computer-based tasks is essential, as the position involves extended computer use
• Physical Requirements: the role may require extended periods of both sitting and standing, so adaptability to both is necessary.
• Physical Agility and Capability: the role may involve various physical demands, including but not limited to standing, walking, sitting, carrying, pushing, pulling, bending, stopping and reaching. Candidates should be prepared to meet these physical demands as necessary for the role
• · Travel Requirements: the ability to travel to and from our Southern California properties within our portfolio is essential. Occasional additional travel may be required, the extent of which depends on the role or event
• Proficiency in English is vital as it serves the primary language of communication with the majority of our team, customers and vendors
• Applicants are required to have the ability to perform the essential functions of the job, which includes effective communication, without posing a direct threat to their health or safety or the health and safety of others. Reasonable accommodations will be considered in compliance with applicable laws

ABOUT US:

Caruso has created a timeless collection of beloved destinations that reflect the unique fabric of the communities in which they live. Crafted with close attention to detail, award-winning architectural excellence, and unbridled imagination, the experience at each is at once comfortable and extraordinary. Whether it’s a town square, luxury apartment building, hotel or street-front retail collection, Caruso’s properties are captivating places where people from all over the world gather to live, work, shop, eat, and enjoy life.

At Caruso, we strive to be best in class at everything we do. Behind our properties stands a dedicated and accomplished team of the industry’s brightest visionaries who share a strong vision and passion for creating and operating beloved spaces.

BENEFITS:

• Competitive salary with opportunities for performance-based bonuses, and comprehensive health insurance coverage
• Generous paid time off (PTO) policies, including vacation days, holidays, and personal health days
• 401k with discretionary company match
• Confidential counseling and support services through Employee Assistance Program (EAP)
• Comfortable office environment with ergonomic workstations, kitchen facilities, and access to complimentary snacks, beverages, and Monday lunches
• Additional personal well-being and family care benefits, such as fitness reimbursement, fertility treatment coverage, and other supplement insurance aimed at supporting the overall well-being of employees and their families.