Commercial Lease Accountant

A Wiss Client is seeking a Commercial Lease Accountant to join their team in Middlesex County, NJ. This role is responsible for lease accounting, tenant billing, and financial reporting, with a focus on newly developed and transitioning properties. The position works closely with development, asset management, and property management teams to ensure accurate lease setup, revenue recognition, and compliance throughout the lease lifecycle.

Responsibilities:

Lease Accounting & Setup:

• Review, interpret, and abstract commercial lease agreements
• Set up new leases, amendments, expansions, and renewals
• Ensure accurate treatment of rent structures and allowances

Development & Lease-Up Support:

• Partner with development teams during lease-up phases
• Track leases against pro forma assumptions
• Assist in transition to stabilized operations

Tenant Billing & Recoveries:

• Generate tenant invoices (rent, CAM, taxes)
• Perform CAM reconciliations and true-ups
• Monitor receivables and resolve discrepancies

Financial Reporting:

• Maintain records in accordance with GAAP (ASC 842 preferred)
• Prepare monthly reports and variance analysis

Reconciliations & Controls:

• Reconcile rent rolls to general ledger
• Maintain internal controls and documentation

Budgeting & Forecasting:

• Assist with revenue forecasts and budgets

Cross-Functional Collaboration:

• Work with development, asset, and property managers

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field
• 3–6+ years in accounting, preferably real estate
• Experience with lease accounting and CAM reconciliations
• Knowledge of ASC 842
• Experience with Yardi, MRI, SAP, or similar
• Advanced Excel skills

Preferred Skills:

• CPA or progress toward certification
• Experience with development projects and mixed-use assets
• Familiarity with real estate pro formas

Compensation: $80,000-$90,000

Applicants must be authorized to work for any employer in the U.S. This policy applies equally to applicants regardless of national origin. We are an Equal Opportunity Employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other legally protected status.

To all staffing agencies: Wiss does not utilize 3rd party firms for any internal or client positions. Please be advised, Wiss is not responsible for any fees related to unsolicited resumes. All unsolicited resumes will become the property of Wiss.