Senior Lease Accountant – Real Estate Finance (Temporary)

Alexandria Real Estate Equities

Pasadena (CA)

On-site

USD 100,000 - 135,000

Full time

3 days ago
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Benefits offered by this job

Health benefits
401(k) plan
Paid time off
Parental leave
Life insurance
Wellness program

Job summary

Alexandria Real Estate Equities, Inc. in Pasadena, CA, seeks a Temporary Senior Accountant for Lease Accounting & Analysis to support the Lease Accounting, Administration & Analysis team. The role focuses on U.S.

GAAP lease revenue, reconciliations, and financial reporting in a fast-paced environment. The successful candidate will bring strong analytical skills, accounting experience, and knowledge of lease accounting, with opportunities to engage in cross-functional projects and SEC reporting

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • At least 3 years of relevant accounting experience.
  • Strong technical U.S. GAAP accounting knowledge and demonstrated accounting research skills.
  • Lease accounting experience highly preferred.
  • Public accounting experience highly preferred.
  • Commercial real estate or other real estate accounting experience preferred.
  • CPA or progress toward CPA certification preferred.
  • Strong analytical and problem-solving skills with exceptional attention to detail.
  • Experience analyzing financial results, preparing reconciliations, and researching accounting discrepancies.
  • Ability to effectively prioritize multiple responsibilities and meet deadlines in a fast-paced environment.
  • Strong written and verbal communication skills with the ability to collaborate effectively with Accounting, field personnel, senior management, and other internal and external stakeholders.
  • Proficiency with Microsoft Office applications and familiarity with accounting software.

Responsibilities

  • Perform day-to-day lease accounting and reporting activities.
  • Account for revenue recognition for new leases, lease amendments, and other lease-related transactions per U.S. GAAP.
  • Monitor high-volume portfolio of active leases and support administration.
  • Research and analyze technical accounting matters involving complex lease transactions.
  • Assist with technical accounting research and lease calculations for acquired leases.
  • Monitor lease deliveries and timing of GAAP rent recognition.
  • Prepare rental revenue assumptions to support the annual budgeting process.
  • Prepare monthly straight-line revenue reconciliations and related analyses.
  • Analyze tenant recovery and revenue fluctuations and explain variances.
  • Reconcile general ledger accounts to sub-ledgers and schedules.
  • Serve as a key accounting partner to Asset Services teams and review lease abstracts related to operating expense recoveries.
  • Support CAM reconciliation and inquiries related to lease accounting.
  • Assist with monthly/quarterly accounting reporting for SEC filings and management reports.
  • Participate in process improvement and special projects.

Skills

Analytical skills
Detail-oriented
Communication skills
Prioritization

Education

Bachelor's degree in Accounting/Finance/Business
CPA or progress toward CPA certification

Tools

Microsoft Excel
Microsoft Word
Microsoft PowerPoint
Yardi or similar accounting software

Job description

Alexandria Real Estate Equities, Inc. in Pasadena, CA, seeks a Temporary Senior Accountant for Lease Accounting & Analysis to support the Lease Accounting, Administration & Analysis team. The role focuses on U.S.

GAAP lease revenue, reconciliations, and financial reporting in a fast-paced environment. The successful candidate will bring strong analytical skills, accounting experience, and knowledge of lease accounting, with opportunities to engage in cross-functional projects and SEC reporting

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