Lease Accountant

Guitar Center•Westlake Village, CA

3d•Onsite

About The Position

The purpose of this job is to assist in maintaining lease schedules, reconciling operating expenses with landlords, and additional month-end closing processes. This role involves preparing and maintaining accounting schedules according to lease/amendment terms, reviewing and reconciling rent & operating expense billing from property managers, and assisting with the monthly close process. The Lease Accountant will also prepare journal entries, accruals, and monthly reconciliations of general ledger accounts, as well as prepare supporting documentation for financial statements and monthly/quarterly reports for management. Collaboration with the Real Estate and Construction team and research on technical accounting issues are also key aspects of this position.

Requirements

Bachelor’s Degree (or 4 years of equivalent work experience), preferably in Business, Accounting, or related field
2 years of relevant work experience (in addition to degree or years of previous experience)
Intermediate proficiency level within MS Excel (V-lookups, formulas, filtering, sorting, formatting)
Intermediate proficiency in the MS Office suite (Word, PowerPoint, Outlook)
Basic understanding of financial management applications such as PeopleSoft

Responsibilities

Prepare and maintain accounting schedules according to lease/amendment terms
Review and reconcile rent & operating expense billing from property managers, including identifying & resolving billing disputes
Assist with the monthly close process and with the preparation and analysis of the monthly, quarterly, and annual financial information
Prepare journal entries and accruals, both recurring and non-recurring
Monthly reconciliation of general ledger accounts
Preparation of supporting documentation for financial statements
Work closely and partner with our Real Estate and Construction team
Preparation of monthly/quarterly reports for management
Research and provide conclusions on technical accounting issues
Additional duties as assigned