Real Estate Accounting Lead: Leases, CAM & Rent Roll

Public Storage

Frisco (TX)

Hybrid

USD 85,000 - 110,000

Full time

11 days ago

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Job summary

Public Storage in Frisco, TX is seeking a senior Lease Accountant to ensure accurate lease accounting across a large multi-site portfolio. You will review commercial lease agreements, amendments, and CAM provisions, and develop reconciliations and templates to drive proper recoveries and compliance.

You will collaborate with accounting, finance, asset management, and operations, perform aging analyses, straight-line rent adjustments, and assist with ad hoc financial analyses and data

Qualifications

  • Bachelor's degree in Accounting, Finance, Real Estate preferred.
  • Minimum 5 years of progressive experience in accounting/real estate accounting or lease administration.
  • Experience with commercial real estate lease administration and CAM reconciliations preferred.

Responsibilities

  • Review and interpret commercial lease agreements, amendments, and supporting documentation.
  • Develop CAM reconciliation models and templates for commercial real estate and mixed-use properties; review lease provisions, expense allocations, reconciliations, and supporting documentation to ensure accurate recoveries, compliance with lease terms, and timely resolution of discrepancies.
  • Perform aging analysis, bad debt assessment, receivable reporting, topside accounting entries, and account reconciliations.
  • Lead complex cell tower lease accounting initiatives, including revenue-share reconciliations, ledger analysis, workflow development, process standardization, and resolution of billing and payment discrepancies across large multi-site portfolios.
  • Lead special projects involving lease portfolios, acquisitions, data improvement, and process enhancements. Manage rent roll data and validate critical lease terms to ensure portfolio accuracy.
  • Collaborate with accounting, finance, asset management, and operations teams to resolve lease-related matters.
  • Calculate straight-line rent adjustments and prepare supporting schedules and accounting reports.
  • Analyze and reconcile general ledger accounts and financial records with accuracy and efficiency.
  • Participate in special projects and ad hoc financial analyses as assigned.

Skills

Lease accounting
CAM reconciliations
Rent roll management
Financial analysis
GAAP knowledge

Education

Bachelor's degree in Accounting, Finance, or Real Estate

Job description

Public Storage in Frisco, TX is seeking a senior Lease Accountant to ensure accurate lease accounting across a large multi-site portfolio. You will review commercial lease agreements, amendments, and CAM provisions, and develop reconciliations and templates to drive proper recoveries and compliance.

You will collaborate with accounting, finance, asset management, and operations, perform aging analyses, straight-line rent adjustments, and assist with ad hoc financial analyses and data

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