CAM Accountant

Incredible opportunity to be part of an amazing portfolio and team!

Based in Costa Mesa, CA, we are currently seeking a

CAM Accountant

who embodies our values: kind, scrappy, uplift communities, creative persistence, curiously open minded, magical places, and build great teams.

In addition to a competitive compensation package, CenterCal offers a comprehensive benefits package and company culture that is collaborative and focused on the health and well-being of its strongest asset – all employees!

• Medical, dental, vision, short-term disability, long-term disability and a group term life benefit.
• 401k plan - Under the Company’s current benefits package, eligible employees can begin participating after 90 days of employment.
• Financial advisement services through the company’s 401k advisor.
• Unlimited PTO Plan
• Company paid holidays
• Two paid community service days – one individual volunteer day and one company-sponsored.
• Flexible spending accounts and more!

GENERAL PURPOSE

Responsible for preparing, analyzing, and reviewing Common Area Maintenance (CAM), Tax, Insurance, and other recoverable operating expense reconciliations for a portfolio of retail, office, and mixed-use properties. Supports the CAM Manager in ensuring accurate recovery calculations, compliance with lease provisions, tenant audits, budgeting, and process improvement initiatives.

KEY RESPONSIBILITIES/DUTIES

Reasonable accommodation may be made to allow differently-abled individuals to perform the essential functions of the job. Responsibilities include but are not limited to:

1. Prepare and review annual CAM reconciliations and support documentation for assigned properties. 2.

Prepare and review annual Tax and Insurance reconciliations 3. Analyze recoverable operating expenses, billings, lease provisions, gross-ups, exclusions, and recovery calculations. 4.

Assist the CAM Manager with reviewing reconciliation packages and support. 5. Research and resolve complex reconciliation questions, tenant inquiries, and recovery discrepancies 6.

Perform detailed tie-outs between expenses, billings, lease provisions, and supporting documentation to ensure accuracy and completeness 7. Identify recovery risks, inconsistencies, and opportunities for process improvements and communicate findings to the CAM Manager 8. Prepare annual CAM estimates, budget support schedules, and recovery analyses 9.

Assist the CAM Manager with annual budgeting and NNN Rate Forecasting 10. Analyze variances between actual and budgeted expenses. 11.

Support special financial analyses and reporting requests related to recoveries and operating expenses 12. Review and interpret lease provisions related to CAM, Tax, Insurance, administrative fees, exclusions, caps, and gross-up requirements. 13.

Assist in maintaining accurate recovery structures, lease inputs, and CAM pools within Yardi or applicable systems. 14. Support due diligence reviews associated with acquisitions, dispositions, and lease administration matters.

15. Assist in resolving audit findings and recovery disputes by gathering support information and performing detailed analyses. 16.

Support the development and maintenance of reconciliation procedures, training documents, and departmental best practices 17. Assist with training of new team members on reconciliation processes, lease interpretation, and departmental procedures 18. Partner with the CAM Manager on departmental projects, reporting initiatives, and workload management.

19. Perform other duties and special projects as assigned by the CAM Manager.

MINIMUM QUALIFICATIONS

• The following are the minimum qualifications which an individual needs in order to successfully perform the duties and responsibilities of this position.
• Please note that the minimum qualifications may vary based upon the department size and/or geographic location.
• 1.
• Bachelor’s Degree in Accounting or related field 2.
• 3+ years of accounting experience.
• CAM Accounting experience preferred.
• 3.
• Computer literacy with substantial knowledge of financial spreadsheet software (Excel) 4.
• Meticulous attention to details and accuracy 5.
• Knowledge of lease language and ability to interpret same 6.
• Ability to use Company’s accounting applications (Yardi).
• 7.
• Working knowledge of accounting processes and internal controls 8.
• Good interpersonal, oral, and written communication skills 9.
• Demonstrated analytical, problem solving and critical thinking skills 10.
• Ability to work independently and meet deadlines PHYSICAL DEMANDS: In general, the following physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job.
• Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job.
• Nature of work requires an ability to effectively communicate and exchange information, collect, compile and prepare work documents, and operate standard business office equipment.

WORK ENVIRONMENT

In general, the following conditions of the work environment are representative of those that an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job within the environment.

Work performed in a general office environment. May require extended hours during peak periods.

The base salary for this position starts at $92,000

per year, commensurate with experience, skills, and qualifications. In addition to base salary, this role is eligible for a discretionary bonus.