Director, Property Accounting

The Director, Property Accounting will be responsible for overseeing all facets of retail real estate accounting within Caruso. This role requires the capacity to work independently while also collaborating seamlessly within a team environment. The position entails comprehensive leadership in property accounting, ensuring accurate financial reporting, meticulous rent management, and effective collaboration with tenants and affiliated companies. The person will play a key role in maintaining financial integrity and compliance while contributing to the strategic financial goals of the organization.ESSENTIAL FUNCTIONSPrepare and review financial statements for multiple propertiesManage month-end and year-end closing functionsPrepare budgets, forecasts, and variance analysisPrepare and review CAM (Common Area Maintenance) reconciliations, estimations, budgets and forecastsMaintain support for property balance sheet and income statement accounts for assigned propertiesWork independently when required, while seamlessly integrating into a collaborative team environmentGenerate CPI or fixed rent increase letters and rent commencement lettersReview monthly sales reports and calculate/bill percentage renEnter and maintain tenant data in accounting and budgeting/forecasting systemInterface with tenants to address collections and billing issueReview and enter A/R adjustments and miscellaneous invoicingMINIMUM REQUIRED QUALIFICATIONSProficiency in accounting software and financial management systemsAdvanced knowledge of MS Excel and other relevant software toolsFamiliarity with CAM (Common Area Maintenance) reconciliation processStrong understanding of real estate accounting principlesExcellent verbal and written communication skillsStrong analytical and problem-solving skillsAbility to communicate complex financial information to diverse stakeholdersExceptional attention to detail and accuracy in financial reportingMinimum of 7 years of experience in accounting, finance or related field