Pacific Executive Search has been engaged on a search for a Sr. Accountant / Accounting Manager role for a dynamic real estate investment firm in West LA, they need someone with expertise in Common Area Maintenance (CAM). This role is not your typical CAM rec job - it's a unique opportunity to play a strategic and forensic role, identifying cost-saving opportunities and optimizing CAM performance across a diverse portfolio of investment properties. You'd be working closely with leadership to analyze operational spend, identify inefficiencies, and drive value through decisions that impact the bottom line.
Description:Responsibilities
- Manage the financial operations of properties, with a primary focus on Common Area Maintenance (CAM) charges that fund the upkeep of shared facilities like hallways and lobbies.
- Review and reconcile CAM charges to ensure accurate billing for tenants regarding shared maintenance expenses.
- Prepare comprehensive CAM reconciliation statements that detail the costs associated with maintaining common areas and allocate these expenses to tenants based on their lease agreements.
- Engage with tenants to respond to inquiries about CAM charges and provide clear explanations of their billing statements.
- Oversee the financial records of a varied property portfolio, ensuring precision and efficiency in all accounting practices.
- Conduct CAM reconciliations and produce detailed reports on the outcomes.
- Collaborate with property managers and the lease administration team to ensure timely and accurate billing procedures.
- Assist in developing financial strategies and long-term business plans to promote organizational growth.
- Provide expert financial insights to senior management to support strategic decision-making initiatives.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- A minimum of 3 years of experience in property accounting, specifically focusing on CAM reconciliations.
- Demonstrated expertise in executing CAM reconciliations and managing property budgets.
- Proficient in accounting software and the Microsoft Office Suite, particularly Excel.
- Strong grasp of financial regulations and accounting principles.
- Exceptional analytical skills, with the ability to interpret complex financial data effectively.
- Excellent verbal and written communication abilities.
- Highly organized, capable of managing multiple projects simultaneously and meeting tight deadlines.