Note: The job is a remote job and is open to candidates in USA. TORP Group is seeking a Retail Property Accountant for a remote role supporting retail property operations. The position is responsible for financial reporting, budgeting and forecasting, accounts receivable and payable, tenant lease administration, reconciliations, audits, cash management, and related accounting initiatives.
Responsibilities
- Prepare and analyze monthly financial reporting packages, including journal entries, account reconciliations, and variance analyses to support accurate financial results
- Support annual budgeting and forecasting efforts by compiling key assumptions, gathering capital expenditure data, maintaining tenant-level budget information, and entering finalized budgets into the accounting system
- Produce quarterly forecasts and financial variance reports to assist management with operational and financial planning
- Administer the accounts receivable function, including monitoring cash collections, processing recurring tenant billings and adjustments, and reconciling tenant accounts
- Oversee accounts payable activities by reviewing invoice coding, verifying approvals, and maintaining proper supporting documentation and audit compliance
- Maintain fixed asset records and depreciation schedules to ensure accurate financial reporting
- Manage tenant sales reporting by collecting sales information, maintaining data integrity, and generating periodic reports for distribution
- Coordinate temporary tenant lease administration, including document review, MRI system entry, receivable tracking, and security deposit management
- Serve as the primary administrator for MRI, ensuring accurate system maintenance, report development, software updates, and user training
- Monitor lease-related reports and schedules, including rent rolls, lease expirations, tenant terminations, occupancy statistics, and other key property metrics
- Assist with annual reconciliation processes, including CAM recoveries, percentage rent calculations, insurance reconciliations, and real estate tax settlements
- Prepare and distribute year-end 1099 forms for contractors, consultants, and other applicable vendors
- Participate in internal and external audits by providing documentation, reconciling accounts, and supporting compliance requirements
- Support payroll reporting and allocate expenses to appropriate project entities while ensuring adequate funding levels are maintained
- Develop, implement, and monitor cash management controls, including petty cash audits, credit card usage compliance, train operation oversight, and gift card administration procedures
- Partner with the Controller on special projects, process improvements, and financial initiatives as assigned
- Contribute to the overall success of the regional shopping center by assisting with operational, administrative, and financial responsibilities as needed
Skills
- At least three years property accounting experience, specifically in retail
- Ability to work Pacific Time Zone schedule
- Must have experience with CAM reconciliations for retail properties
- MRI experience a PLUS!
Benefits
- Remote opportunity with visits to the corporate office in Los Angeles annually
- Bonus opportunities
- 401K match
- Generous PTO
Company Overview