Portfolio Retail Property Accountant

NewMark Merrill; Calabasas (CA); On-site; USD 70,000 - 95,000; Full time

Job summary

NewMark Merrill is seeking an experienced property accountant to manage the full-cycle accounting and financial reporting for a portfolio of 8–10 retail properties. You will partner with property management to ensure timely financials, accurate reporting, and day-to-day financial operations.

Responsibilities include preparing financial statements, reconciling ledgers and bank activity, CAM analysis, lease review, and budgeting support.

Qualifications

• Bachelor's degree in Accounting required.
• 3–5 years of property accounting experience, including CAM reconciliations.
• Strong general ledger accounting and financial statement prep knowledge.
• Ability to manage multiple properties and deadlines in a fast-paced environment.
• Strong Excel skills, including pivot tables and lookups.
• Excellent verbal and written communication skills.
• Experience with MRI or Yardi preferred.
• Experience in commercial or retail real estate accounting preferred.
• Collaborative, adaptable, and capable under pressure.

Responsibilities

• Prepare timely monthly and annual financial statements for assigned properties.
• Review ledgers for accounts receivable/payable and journal entries.
• Prepare and review schedules for monthly reporting.
• Conduct balance sheet and monthly bank reconciliations.
• Analyze CAM reconciliations and respond to tenant inquiries on CAM.
• Review leases for accurate tenant billing and adjustments.
• Perform CPI and percentage rent calculations.
• Collaborate with property managers on annual budgets and CAM estimates.
• Handle lender reserve draws for TI, leasing commissions, and capital expenditures.
• Act as primary accounting contact for assigned properties.

Skills

Attention to detail

Time management

Communication

Team collaboration

Problem solving

Education

Bachelor’s degree in Accounting

Tools

MRI

Yardi

Job description

NewMark Merrill is seeking an experienced property accountant to manage the full-cycle accounting and financial reporting for a portfolio of 8–10 retail properties. You will partner with property management to ensure timely financials, accurate reporting, and day-to-day financial operations.

Responsibilities include preparing financial statements, reconciling ledgers and bank activity, CAM analysis, lease review, and budgeting support.