Staff Accountant - Tenant Recoveries

Ledgent; Phoenix (AZ); On-site; USD 54,000 - 75,000; Full time

Job summary

A financial services firm is seeking a Staff Accountant in Phoenix, AZ, to manage the financial health of a diverse property portfolio. This role involves ensuring compliance with lease terms, calculating tenant billings, and preparing budgets. Candidates should possess a Bachelor's degree and 2+ years of accounting experience, preferably in real estate. The position offers a competitive salary ranging from $54,000 to $75,000 annually, depending on experience and qualifications.

Qualifications

• 2+ years of accounting experience, preferably in real estate.
• Strong understanding of accounting principles and accrual accounting.
• Ability to interpret complex financial lease provisions.

Responsibilities

• Manage annual rent roll impounds and make adjustments.
• Calculate and oversee tenant billings for recoverable expenses.
• Prepare annual recovery budgets and quarterly projections.
• Ensure compliance with lease terms and resolve tenant inquiries.
• Support cross-functional teams with reporting and lease interpretation.
• Handle monthly recovery accruals and assist with billing issues.

Skills

Detail-oriented

Analytical skills

Proactive problem solver

Education

Bachelor's degree in Accounting or Business

Job description

Overview

Ledgent Finance & Accounting's client is currently seeking a talented Staff Accountant to join their dynamic team. This is a remarkable opportunity to leverage accounting expertise in a thriving and supportive environment. The Staff Accountant will play a vital role in managing the financial health of a diverse property portfolio, offering the chance to work on complex commercial lease agreements and collaborate across departments to drive operational success.

Responsibilities

• Manage annual rent roll impounds and make adjustments throughout the year.
• Calculate and oversee tenant billings for recoverable expenses in line with lease agreements.
• Prepare annual recovery budgets and quarterly projections.
• Ensure compliance with lease terms and resolve tenant inquiries or disputes.
• Support cross-functional teams with reporting, lease interpretation, and CAM-related guidance.
• Handle monthly recovery accruals and assist with complex billing issues.

What You Bring / Qualifications

• Bachelor's degree in Accounting or Business (preferred).
• 2+ years of accounting experience; real estate background is a plus.
• Strong understanding of accounting principles and accrual accounting.
• Ability to interpret and apply complex financial lease provisions.
• Detail-oriented, analytical, and proactive problem solver.

Work Hours

The position requires availability from Monday to Friday during standard business hours.

Benefits

The position offers a competitive salary ranging from $54,000 to $75,000 (DOE) annually, commensurate with experience and qualifications.

Additional Details

Join a supportive team where every contribution makes a difference, and seize the opportunity to advance your career in a fulfilling role.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance.