[Hiring] Senior Accountant @Centennial Real Estate Company LLC

Role Description

Responsible for the calculation and completion of the monthly, quarterly and annual tenant recoveries to include CAM, TAX, INS, etc., as well as managing recovery questions and requests.

• Setup and calculate the monthly, quarterly and annual tenant recoveries, ensuring the accuracy of the billings and financial statement impact.
• Demonstrated ability to interpret lease language to ensure the accuracy of tenant recoveries calculations, including exclusions, tenant cost pools, Gross Leasable Area/Gross Leasable Occupied Area, etc.
• Familiar with real estate concepts such as co-tenancy, percent in lieu, gross rent, abatements.
• Demonstrate and have a clear understanding of the concept of tenant.
• Update occupancy reports to be used in the calculation of tenant recoveries.
• Research tenant recovery discrepancies and resolve in a timely manner.
• Aid in the collections of outstanding recoveries by providing backup.
• Work with 3rd party utility recoveries group to ensure the timeliness of the completion of the annual utility recoveries.
• Process recovery billings for tenants when due, ensuring the backup is mailed to the tenants in a timely manner.
• Calculate and complete annual escrow.
• Calculate and prepare the per square foot rate annually for use by various customers: Leasing, Legal, external clients, etc.
• Provide customer service to both tenants and internal customers including: Leasing, Asset Management, Accounting, etc.
• Assist in identifying efficiencies and collaborate with Manager.
• Setup recovery models as needed for acquired properties.
• Oversee the tenant recovery workflows for annual reconciliations and tenant disputes, providing guidance and feedback as needed, to ensure timeliness of billings and responses.
• Point of contact for providing all required documents to 3rd party recovery.
• Other duties as assigned.

Qualifications

• Associates Degree in Accounting or 5 years relevant experience in tenant recoveries.
• 3 years of experience with ERP general ledger (e.g. YARDI).
• Real estate accounting preferred.
• Deadline-focused; organized; problem-solving skills; flexible.
• Demonstrated written/oral communication and documentation skills.
• Intermediate Excel skills to include v-lookups and pivot tables.
• Great customer service.

Requirements

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
• The requirements listed are representative of the knowledge, skill, and/or ability required.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands

• The employee must occasionally lift and/or move up to 30 pounds.
• While performing the duties of this job, the employee is regularly required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; talk and hear.
• The employee is regularly required to have close visual acuity to perform activities such as preparing and analyzing data and figures; transcribing; viewing a computer terminal and expansive reading.

Equal Opportunity Employer

Centennial ensures equal employment opportunities regardless of race, creed, gender, color, national origin, religion, age, sexual orientation, or disability.

Company Description

Centennial is a retail real estate owner and operator with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service property management platform serving third-party owners. With over 300 employees nationwide, the firm now operates 20 million square feet of mixed-use destinations in 16 states. Since 1997, Centennial has played a pivotal role in shaping the evolution of American retail by creating a superior multi-faceted shopping experience with properties that serve not only as a place of commerce, but as a place of community.