Director, Property Accounting

Corporate HeadquartersSalaryexecutive

OtherAccounting

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Overview

The Director, Property Accounting will be responsible for overseeing all facets of retail real estate accounting within Caruso.

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OtherAccounting

The Director, Property Accounting will be responsible for overseeing all facets of retail real estate accounting within Caruso. This role requires the capacity to work independently while also collaborating seamlessly within a team environment. The position entails 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.

Prepare and review financial statements for multiple properties

Manage month-end and year-end closing functions

Prepare budgets, forecasts, and variance analysis

Prepare and review CAM (Common Area Maintenance) reconciliations, estimations, budgets and forecasts

Maintain support for property balance sheet and income statement accounts for assigned properties

Work independently when required, while seamlessly integrating into a collaborative team environment

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

Proficiency in accounting software and financial management systems