Description
SENIOR COMMERCIAL REAL ESTATE ACCOUNTANT
About Lucescu Realty:
LUCESCU REALTY is a market-leading investment real estate services firm that uniquely combines major capital markets expertise with a complete and thorough understanding of real estate fundamentals to execute a wide range of services on behalf of its clients. The firm’s scope of services includes Sale Transactions, Asset/Property Management Advisory/Consulting, Debt/Equity Placement, Market Research, and Financial Services. LUCESCU REALTY is annually recognized as one of the country’s most active brokerage firms, specializing in the sale of Retail Shopping Centers throughout the United States. Headquartered in Newport Beach, California, LUCESCU REALTY has additional regional offices in Phoenix, Arizona, Las Vegas, Nevada and San Francisco, California (2023).
Primary Responsibilities:
- Property Accounting responsibilities for commercial real estate; primary focus in retail shopping centers and office projects.
- Prepare and maintain reporting on a monthly and annual basis, including General Ledger, Balance Sheets, Income Statements, Accounts Payable, Cash Flow Statements, Bank Reconciliations, Rent Roll, Tenant Delinquencies, CAMs Statements and Annual CAM Reconciliations, Monthly Management Reports, Periodic Lender Reports, Annual Budgets/Variance Analysis, and Property Performance Analysis for assigned properties.
- Perform month-end and year-end closing activities.
- Work as part of a highly successful Asset/Property Management group of professionals.
- Invoice processing.
- Obtain W-9 and insurance certificates from all vendors; update as required.
- 1099 processing.
- Perform percentage rent calculations
- Review tenant leases as such impact rental payments, reimbursements, and fee calculation.
- Proactively review income statements and general ledger details monthly to ensure accuracy, identify inconsistencies, make required adjustments, and review with asset/property manager, if needed.
- Prepare monthly budget versus actual variance analysis for assigned properties.
- Assist with audit and ad hoc financial requests as required.
- Support integration of new acquisitions as needed
Skills & Qualifications:
- Bachelor’s Degree in Accounting, Finance or Business Administration; CMA, CPA or CFM candidate preferred.
- 5-plus years of retail property accounting/real estate industry experience.
- Exceptional attention to detail.
- Outstanding computer skills, including but not limited to advanced proficiency with Microsoft Excel, as well as other MS Office applications and property management software such as Yardi.
- Excellent written and verbal communication skills.
- Ability to prioritize responsibilities, balance multiple projects, work and foster a team setting, and meet deadlines.
Salary and Benefits Information:
This is a salaried position with the potential for annual bonuses based on individual and Company performance. In addition to the opportunity to be a part of this highly successful group, benefits include health coverage, paid vacation, sick leave and paid monthly parking.Experience
5+ to 7 years
This job is no longer active.