CAM Accountant — Reconciliations & Budgeting Specialist

CenterCal Properties, LLC; Costa Mesa (CA); On-site; USD 83,000 - 101,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Short-term disability

Long-term disability

Group life insurance

401k after 90 days

Unlimited PTO

Community service days

Flexible spending accounts

Job summary

CenterCal Properties, LLC, based in Costa Mesa, CA, is seeking a CAM Accountant to manage CAM, Tax, Insurance, and other recoverable operating expense reconciliations for a diverse property portfolio. The role supports the CAM Manager in allocations, budgeting, and process improvements.

Ideal candidates hold a Bachelor's degree in Accounting with 3+ years of accounting experience, preferably CAM-focused, and strong Excel and Yardi skills.

Qualifications

• Bachelor’s Degree in Accounting or related field.
• 3+ years of accounting experience; CAM accounting preferred.
• Proficiency with Excel and financial spreadsheets.
• Knowledge of lease language and ability to interpret it; Yardi experience.
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and meet deadlines.

Responsibilities

• Prepare and review annual CAM reconciliations and supporting documentation for assigned properties.
• Prepare and review annual Tax and Insurance reconciliations.
• Analyze recoverable operating expenses, billings, lease provisions, gross-ups, exclusions, and recovery calculations.
• Assist the CAM Manager with reviewing reconciliation packages and support.
• Research and resolve complex reconciliation questions, tenant inquiries, and recovery discrepancies.
• Perform detailed tie-outs between expenses, billings, lease provisions, and supporting documentation to ensure accuracy and completeness.
• Identify recovery risks, inconsistencies, and opportunities for process improvements and communicate findings to the CAM Manager.
• Prepare annual CAM estimates, budget support schedules, and recovery analyses.
• Assist the CAM Manager with annual budgeting and NNN Rate Forecasting.
• Analyze variances between actual and budgeted expenses.
• Support special financial analyses and reporting requests related to recoveries and operating expenses.
• Review and interpret lease provisions related to CAM, Tax, Insurance, administrative fees, exclusions, caps, and gross-up requirements.
• Assist in maintaining accurate recovery structures, lease inputs, and CAM pools within Yardi or applicable systems.
• Support due diligence reviews associated with acquisitions, dispositions, and lease administration matters.
• Assist in resolving audit findings and recovery disputes by gathering support information and performing detailed analyses.
• Support the development and maintenance of reconciliation procedures, training documents, and departmental best practices
• Assist with training of new team members on reconciliation processes, lease interpretation, and departmental procedures
• Partner with the CAM Manager on departmental projects, reporting initiatives, and workload management.
• Perform other duties and special projects as assigned by the CAM Manager.

Skills

Accounting

Excel

Analytical thinking

Attention to detail

Communication skills

Education

Bachelor’s Degree in Accounting or related field

Tools

Yardi

Job description

CenterCal Properties, LLC, based in Costa Mesa, CA, is seeking a CAM Accountant to manage CAM, Tax, Insurance, and other recoverable operating expense reconciliations for a diverse property portfolio. The role supports the CAM Manager in allocations, budgeting, and process improvements.

Ideal candidates hold a Bachelor's degree in Accounting with 3+ years of accounting experience, preferably CAM-focused, and strong Excel and Yardi skills.