Property Accountant; Retail

The Lease Administrator handles reviewing and interpreting commercial leases, updating and maintaining the accounting software and records with respect to commercial leases, and overseeing calculations of all rental obligations.

• Financial Reporting:
  Prepare monthly, quarterly, and annual financial statements for retail properties, including maintaining general ledgers, balance sheets, and supporting schedules.
• CAM Reconciliations:
  Calculate and reconcile Common Area Maintenance (CAM) charges, along with tax and insurance escalations in accordance with lease agreements.
• Tenant Accounting:
  Manage rent rolls, process tenant billing, calculate percentage rent, and monitor delinquencies while coordinating follow-up as needed.
• Budgeting & Forecasting:
  Assist with the preparation of annual operating budgets and ongoing cash flow forecasts for assigned properties.
• General Accounting:
  Perform bank reconciliations, accounts payable and receivable processing, and prepare journal entries to support accurate financial reporting.
• Compliance:
  Ensure financial records and reporting comply with GAAP, lease terms, and applicable tax regulations.
• Perform other duties as assigned

• Bachelor’s in Accounting or related field required
• CPA is a plus but not required
• Minimum of 1 year of commercial real estate accounting experience required
• Experience with Yardi, or MRI preferred
• Strong accounting skills with in-depth knowledge of US GAAP
• Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting
• Proficient knowledge of Microsoft excel.
• Exceptional oral and written communication, active listening, and organizational skills
• Ability to establish strong working relationships with others in team setting
• Ability to multitask and prioritize tasks with a strong attention to detail in a fast-paced environment

• Competitive Salary with Bonus Potential
• Generous Benefit Package:
  Medical, Dental, Vision, 401K Match, Life Insurance

• Opportunities for Advancement within our expanding portfolio
• Annual Professional Development Funds to fuel your growth

• Housing Discount
• Commuter Benefits
• Free Parking and EV charging
• Parental Leave Program
• Enjoy a Friendly Work Environment that values collaboration

Explore more perks and possibilities here for growing your career with Comstock Companies! Discover what sets us apart!