Property Accounting Manager

Centennial does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Centennial to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Centennial will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.

In this critical role, you will assume the role of financial expert for a designated portfolio of our properties, independently completing the tasks described below for some properties, and reviewing the work of other accountants for additional properties. You'll ensure the accuracy and timeliness of monthly financial reporting, working collaboratively with property managers to optimize operational efficiency.

Responsibilities:

• Assume the role of financial expert for a designated portfolio of our properties, often complex in nature.


• Review the work of other accountants for additional properties.


• Ensure the accuracy and timeliness of monthly financial reporting for all assigned properties, working collaboratively with property managers to optimize operational efficiency.


• Provide mentorship and guidance to more junior accountants.


• Complete, review and research property management transactions, including schedule charges and billing adjustments


• Review and understand tenant lease language and ensure it is input properly to the designated accounting software


• Maintain and review Rent Roll, Tenant Ledger, Aged Delinquency, and Lease Expiration reports monthly


• Maintain and review cash/accrual/tax/GAAP based property general ledgers, balance sheets and income statements, including preparing and recording journal entries as needed


• Prepare and distribute monthly financial reporting packages, variance reports and all other additional schedules as required by the client


• Reconcile all balance sheet accounts and examine all general ledger accounts for accuracy and make corrections as needed monthly


• Review and fully understand the CAM Reconciliation process


• Work closely with the property management team to create and review annual operating budgets


• Prepare monthly construction project draws, review job cost & intercompany reconciliations


• Partnership accounting to include reconciliation of administrative service fees, recording of contribution/distributions, and preparation of journal entries for sales or acquisitions


• Review AP invoices for accurate coding and proper documentation prior to posting


• Review daily Cash Receipt batches for proper documentation and correct application prior to posting


• Monitor all cash requirements


• Provide ownership funding requests/cash distributions as required


• Support other team members as needed


• Special projects as needed

Desired Competency, Experience and Skills:

• Bachelors in Accounting, CPA Preferred


• 3-5 years of relevant accounting experience in similar capacity


• Possesses outstanding skills in communication and relationship building, with the capacity to actively contribute to team efforts.


• Exhibits a high level of attention to detail and the ability to manage and balance tasks effectively in a fast-paced, deadline-driven setting. Assumes a high degree of responsibility and ownership.


• Strong proficiency in Microsoft Office Suite, particularly Excel for financial modeling and analysis. Working knowledge of financial systems (Oracle preferred) to support data extraction, reporting, and statement generation.

Centennial is a retail real estate owner and operator with a national portfolio of shopping, dining, entertainment and mixed-use destinations as well as a full-service property management platform serving third-party owners. With over 300 employees nationwide, the firm now operates 20 million square feet of mixed-use destinations in 16 states. Since 1997, Centennial has played a pivotal role in shaping the evolution of American retail by creating a superior multi-faceted shopping experience with properties that serve not only as a place of commerce, but as a place of community.
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All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.