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Accounting Manager – Rockville, MD
Overview
Beacon Hill Financial has partnered with a client in Rockville, MD in their search for an 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.
Key Responsibilities
- Oversee lease accounting and administration activities, including CAM, tax, and other recovery reconciliations for a commercial real estate portfolio.
- Review and approve tenant account adjustments, reconciliations, refunds, and billing transactions to ensure accuracy, compliance, and adherence to lease terms.
- Manage quarterly tax accruals and support CAM analysis from a billing and collections perspective; partner with internal teams to ensure timely, accurate recoveries.
- Lead and oversee Lease Administrators and third-party partners, ensuring deadlines, quality standards, and key performance indicators (KPIs) are consistently met.
- Provide guidance on lease interpretation, recoveries, and billing-related inquiries to internal stakeholders and external partners.
- Coordinate tenant CAM audit activities and support related reporting, reconciliation research, and issue resolution.
- Identify and implement process improvements and operational best practices to enhance efficiency, consistency, and controls.
- Collaborate with accounting, finance, legal, collections, and property operations teams on lease-related matters, escalations, and special initiatives.
- Prepare internal reporting and support special projects as needed.
Qualifications
- 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/team oversight experience required, including reviewing work, coaching, and performance management.
- Strong retail lease accounting experience required.
- Experience with property management systems such as JDE, Yardi, or MRI preferred.
- Intermediate Excel skills required.
- Strong lease interpretation, analytical, organizational, and problem-solving skills.
- Excellent communication skills with the ability to manage multiple priorities in a fast-paced, deadline-driven environment.
- Highly detail-oriented with the ability to work both independently and collaboratively.
F3756200-HB_1779372570
