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Lease Accounting Manager – Rockville, MD. Overview: Beacon Hill Financial has partnered with a client in Rockville, MD in their search for a Lease Accounting Manager to join their team. This role is responsible for overseeing lease administration and recovery accounting functions for a commercial real estate portfolio, with a strong focus on CAM and tax recoveries, tenant reconciliations, and team oversight. The ideal candidate is highly organized, detail-oriented, and experienced in retail lease accounting and operational management.
Job Responsibility:
Oversee lease accounting and administration activities, including CAM, tax, and other recovery reconciliations
Review and approve tenant account adjustments, reconciliations, refunds, and billing transactions to ensure accuracy and compliance
Manage quarterly tax accruals and support CAM analysis from a billing and collection perspective
Lead and oversee Lease Administrators and third-party partners, ensuring deadlines, quality standards, and key performance indicators are met
Provide guidance regarding lease interpretation, recoveries, and billing-related inquiries
Coordinate tenant CAM audit activities and support related reporting and analysis
Develop and implement process improvements and operational best practices
Collaborate closely with accounting, finance, legal, collections, and property operations teams on lease-related matters
Prepare internal reporting and support special projects as needed
Requirements:
Bachelor's degree in Accounting, Finance, or related field preferred
Commercial real estate lease accounting or lease administration experience required, including CAM and tax recovery experience
Management or team oversight experience required, including reviewing work and conducting performance management activities