Senior Real Estate Accountant /Lease Analyst

Public Storage; Frisco (TX); Hybrid; USD 85,000 - 110,000; Full time

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

• Full-time

Job Description

Review and interpret commercial lease agreements, amendments, and supporting documentation.

Develop, maintain, and enhance complex 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.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Real Estate, or a related field preferred.
• Minimum of 5 years of progressive experience in Accounting, Finance, Real Estate Accounting, Lease Administration, Property Accounting, or a related field.
• Experience with commercial real estate lease administration, CAM reconciliations, rent roll management, and lease accounting preferred.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Workplace

• One of our values pillars is to work as OneTeam and we believe that there is no replacement for in-person collaboration but understand the value of some flexibility. Public Storage teammates are expected to work in the office five days each week with the option to take up to three flexible remote days per month.

Public Storage is an equal opportunity employer and embraces diversity. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status.

Sponsorship for Work Authorization is not available for this posting. Candidates must be authorized to work in the U.S. without restrictions or requiring sponsorship now or in the future. We do not provide training plans or support for F-1 OPT, STEM OPT extensions, or future visa sponsorship.