Lease Accounting Administrator

Vaco; Phoenix (AZ); On-site; USD 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented Lease Accountant to manage and analyze lease agreements. This exciting role involves processing rent payments, reconciling charges, and collaborating with cross-functional teams to ensure accuracy in lease management. If you're passionate about accounting and lease functions, and thrive in a dynamic environment, this opportunity offers a chance to make a significant impact while advancing your career in a supportive workplace that values diversity and inclusion.

Qualifications

• Bachelor's degree or 4 years of accounting/lease experience required.
• Strong ability to read and analyze lease agreements.

Responsibilities

• Process monthly rent payments using Lucernex and Microsoft Dynamics.
• Reconcile monthly rent charges with the General Ledger system.
• Collaborate with accounting team for timely payments.

Skills

Accounting

Lease Management

Analytical Skills

Communication

Education

Bachelor's Degree in Accounting or Related Field

4+ Years of Accounting Experience

6 Years of Lease Experience Without Degree

Tools

Lucernex

Microsoft Dynamics

Job description

Required:

• Bachelor's degree in a related field or a minimum of 4 years of accounting or lease-related experience required

• Additional 2 years of accounting or lease experience required (total of 6 years without a degree)

• Prior experience with lease-related functions preferred (e.g., lease abstracting, rent payments, lease administration, or lease analysis)

Strong ability to read, interpret, and analyze lease agreements

Responsibilities:

• Process monthly rent payments using Lucernex and Microsoft Dynamics

• Reconcile monthly rent charges with the General Ledger system

• Collaborate with accounting team members to ensure timely issuance of checks and ACH payments

• Update base rent amounts, additional rent charges, and payee information on a monthly basis

• Prepare ad hoc reimbursement payments as needed

• Calculate CPI increases, apply CAM caps, and perform lease-related reconciliations

• Monitor and ensure timely payment of real property taxes

• Track and reconcile security deposit balances

• Collaborate with cross-functional teams to verify accuracy of critical lease dates

• Ensure all required documentation is collected, complete, accurate, and properly filed

• Set up rent payments in alignment with lease terms and conditions

• Investigate and resolve discrepancies related to payees, rent amounts, and lease details
  

• Conduct research and compile audit support documentation for time-sensitive requests

• Manage W-9 tracking and assist with 1099 preparation and reporting

• Provide guidance and support to team members on lease-related inquiries

• Perform additional tasks and responsibilities as assigned

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [e-mail] .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.