[Remote] Real Estate Accountant - CAM & Recoveries

Note: The job is a remote job and is open to candidates in USA. Realty Income Corporation aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. The Analyst, Real Estate Finance & Operations is responsible for overseeing administrative activities related to Common Area Maintenance (CAM) reconciliations and managing real estate tax and insurance reconciliations.

Responsibilities

• Analyze and interpret Leases, Amendments, and Title documents relating to CAM obligations and update key fields within Yardi
• Assist team leads in issuing annual CAM reconciliations, supporting documents, and updating recovery estimates
• Provide follow-up with tenants on delinquencies and update accounts receivable notes and trackers
• Accommodate various requests for information relating to third-party management
• Represent Real Estate Finance and Operations as the point of contact for all tenant inquiries involving CAM payments, reconciliations, supporting documents, disputes, and related items
• Contributes to the execution of over 4,500+ insurance and tax direct billings, leveraging business process automation
• Responsible for performing insurance and tax reconciliations
• Review 3rd-party management reconciliations for completeness and accuracy. Compare all required backup against governing title documents, i.e., OEA’s, REA’s, POA’s, and CC&R’s
• Maintain fixed CAM schedules and coordinate all updates with the Lease Administration Team
• Assist the Revenue Accounting Supervisor in the reviewing of monthly receipting of NNN rents along with periodic ledger audits
• Aid in the resolution of outstanding reconciliations and payments
• Support Property Management in billing Tenants for direct reimbursable expenses
• Update CAM tracking tools and prepare various reports for recurring meetings
• Obtain, review, and update W9s and proof of insurance for all 3rd-party associations and management entities
• Review and process 3rd-party Association invoices through Yardi workflows. Update recurring invoice templates
• Maintain all 3rd-party contact information and act as a representative for matters relating to payments, disputes, and service requests
• Enhance Microsoft Power BI to accurately reflect the status of CAM 3rd-party invoice payments, Insurance Reconciliations, TAX reconciliation, and CAM reconciliation, ensuring real-time visibility and informed decision-making

Skills

• 2+ years of experience in Real Estate Accounting or 5+ years of general accounting experience. However, those with varying experience levels will be considered
• Competency in tenant ledgers and general ledger accounting
• Bachelor's Degree in Accounting, Finance, Business Administration, or related field
• Ability to identify information to clarify a situation, seek that information from appropriate, multiple sources, and use skillful questioning to abstract the information
• Ability to recognize discrepancies and inconsistencies in available information
• Ability to organize complex information and materials for others
• Strong oral and written communication skills
• Ability to cultivate and maintain positive, working relationships
• Ability to use Microsoft Office, specifically Outlook, Word, Excel, and PowerPoint
• Real estate industry or Real Estate Investment Trust (REIT) experience preferred
• Yardi experience preferred

Benefits

• Healthcare
• Dental
• Vision insurance for employees and eligible dependents
• 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation
• Wellness, financial, and work/lifestyle-specific benefits
• 12 PTO hours every month
• 12 paid holidays
• Paid volunteer time

Company Overview

• Realty Income, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. It was founded in 1969, and is headquartered in Escondido, California, USA, with a workforce of 201-500 employees. Its website is http://www.realtyincome.com/.

Apply tot his job Apply To this Job