Senior Lease Accounting Analyst

Recruiting Resources, Inc.
Pasadena, California, United States
USD 45.67 per hour
16 Sep 2020
17 Sep 2020
Job role
Reputable commercial real estate developer and operator located in Los Angeles hiring for an experienced Lease Accounting Analyst for the following:

Essential Duties and Responsibilities:

Will employ a number of duties in the areas of accounting, financial reporting, operation and process improvement support for our Lease Accounting, Administration & Analysis function, consisting but not limited to the following:
  • Perform the day-to-day accounting for the Lease Accounting, Administration & Analysis function, including but not limited to:
    • Accounting for revenue recognition of new and amended leases
    • Proactively assist with monitoring of 700+ active leases
    • Perform technical accounting research to account for complex leases, lease terminations
    • Assist with technical accounting research and preparation of above/below-market lease calculations for acquired leases as part of new acquisitions
    • Track lease deliveries for GAAP rent recognition
    • Prepare rental revenue assumptions for annual budgets
    • Prepare monthly straight-line rental revenue reconciliations and fluctuation analysis
    • Prepare tenant recovery and rental revenue fluctuation analysis
    • Reconcile general ledger accounts to sub-ledgers/supporting schedules
  • Act as a liaison between Accounting and the Asset Services teams to provide Accounting and financial analyses support, including but not limited to:
    • Assist with lease abstract in regards to operating expense recoveries
    • Assist with year-end CAM reconciliation process
    • Assist with resolving lease related inquiries
    • Assist with the preparation of the monthly and quarterly Accounting Reporting package for executive management review
  • Provide financial reporting support for the preparation of the Company's 10Q/10K SEC filings and quarterly Supplemental reporting
  • Participate in ad-hoc projects such as process improvement projects, internal and external audit requests, department goals and initiatives, and other special projects

Skills and Qualifications:
  • Bachelor's degree in Accounting, Finance, or Business Administration
  • CPA preferred
  • 3+ years of Accounting experience required
  • Strong technical accounting skills required
  • Public Accounting experience is highly preferred
  • Real estate background preferred
  • Experience with lease accounting highly preferred
  • Technical accounting research skills desirable
  • Proficient in Technical US GAAP Accounting
  • Detail oriented and strong analytical skills
  • Ability to work in a fast-paced environment, ability to prioritize and meet deadlines
  • Strong verbal and written communication skills to interact with all levels including, but not limited to HQ/field personnel, senior management, and outside parties.
  • Proficient in business related software: Microsoft Excel, Word, PowerPoint, etc.
  • JD Edwards Accounting software experience desirable