What are the responsibilities and job description for the Senior Commercial Real Estate Accountant position at Only Epic Holdings?
We are seeking a highly motivated and detail-oriented Senior Commercial Real Estate Accountant to join our dynamic team. This role involves managing all aspects of commercial real estate accounting, including triple net (NNN) reconciliation, rent collection and late charges, bank reconciliation, budget forecasting, accounts payable and receivable. The ideal candidate will have strong analytical skills, excellent communication abilities, and a deep understanding of commercial real estate accounting practices.
Key Responsibilities:
- Perform triple net (NNN) reconciliations and keep track of NNN changes.
- Manage rent collection and ensure accurate processing of late charges.
- Handle accounts payable and receivable processes.
- Monitor and track late rents, rent escalations, and lease expirations.
- Update NNN budgets for the upcoming year.
- Provide regular reports to the property management team on:
- Late rents
- Rent escalations
- Lease expirations
- Conduct monthly bank reconciliations across multiple accounts.
- Prepare quarterly profit and loss (P&L) and balance sheet reports for investors, including year-over-year comparisons.
- Create budget forecasts for properties and the company.
- Reconcile company credit card transactions.
- Generate monthly, quarterly, and annual financial reports for lenders and investors.
- Prepare financial reports for:
- New loans
- Potential buyers of company-owned properties
- Collaborate with tenants, investors, lenders, and company executives as needed.
Qualifications:
- Minimum of 3 years of experience in commercial real estate accounting.
- Proficiency in triple net reconciliation, rent collection, and bank reconciliation.
- Strong skills in financial reporting and budgeting.
- Experience with Rent Manager software strongly preferred.
- CPA certification is a plus.
- Must pass a credit, background, and reference check.
Preferred Skills:
- Excellent organizational and time-management skills.
- Strong written and verbal communication abilities.
- Ability to work independently and collaboratively within a team.
Compensation:
- Pay is commensurate with experience.
Industry
- Commercial Real Estate
Full-time