Lease Accountant

Ref ID: 04510-0012616447

Classification: Accounts Receivable Clerk

Compensation: $60000.00 to $70000.00 yearly

Lease Accountant ~ Commercial Real Estate firm ~ Washington, D.C.

$60k-$70k, career growth, great benefits, growing company!

My client is a well-established Commercial Real Estate firm located in downtown Washington, D.C. with a need for a Lease Accountant. This is a newly created opportunity due to the growth of the organization and they are seeking a dynamic Lease Accountant to support daily operational accounting needs. The Lease Accountant will report to the Controller, CPA and offers tremendous career growth. Recent grads with a BS in Accounting, Finance, or Business are highly encouraged to apply. The Lease Accountant will be responsible for the following duties:

• Interpret and abstract new leases, amendments, and other lease documents, and input into MRI
• Generate monthly charges and provide tenants with monthly statements
• Manage move notices, draft and track commencement agreements, and times update lease information in MRI
• Prepare Welcome letters, Rent Commencement letters, and other correspondencePrepare 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 reductions, Term Dates, Notice Dates, 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 tenant as necessary

All interested candidates in this Lease Accountant opportunity and other full-time opportunities across the D.C. area please send your resume to Justin Decker via LinkedIn.