Lease - CAM Reconciliation

Job description

The CAM Reckoners will be responsible for supporting day-to-day NNN-Reconciliation/YEB/Estimate Calculations and plays a critical role in ensuring the accurate and timely completion of CAM, INS, TAX, Other Reconciliations and associated tenant billings both manually and ERP. This position requires strong analytical skills, meticulous attention to detail, and a deep understanding of lease agreements and real estate accounting principles. Reconciliation/YEB/Estimate Calculations: Lead the end-to-end Reconciliation process for assigned properties/portfolios. Thoroughly review Agreements & LA, to understand Additional-Rent clauses, exclusions, CAPs, Gross-up, AF & MF, provisions, and Pro-rata share calculations for each tenant. Gather and analyze actual operating expenses from the General Ledger, Verifying Invoices, Receipts, and other financial records related to Additional Rent. Prepare detailed Reconciliation, comparing estimated tenant payments against actual expenses. Calculate and process true-up adjustments. Ensure all Recon calculations comply with Lease terms, Accounting Standards. Deep Data Validation & Analysis is must skill Collaborate with Lease Admin and Property Management teams to ensure accurate Results. Identify opportunities to streamline and improve Year-end billing and Reconciliation processes for greater efficiency and accuracy. Assist in developing and updating standard operating procedures (SOPs) related to billing and reconciliation. Support audit and review requests from tenants or third-party auditors. Maintain detailed workpapers, documentation, and audit trails. Qualifications: Bachelor’s degree preferred 3+ years of progressive experience in Reconciliation & YEB and Estimate calculation. Technical Skills – Proficient in MS-Excel Experience with property management software is plus Excellent written and verbal communication skills, with the ability to explain complex financial information clearly Highly organized with the ability to manage multiple priorities and meet tight deadlines in a fast-paced environment. Review and provide feedback on complex Reconciliations/YEB/Estimate calculations end to end. Perform in-depth quality control checks on calculations, data integrity, and supporting documentation. Act as a key liaison and subject matter expert for internal and external Teams. Provide insights and recommendations based on reconciliation outcomes to inform budgeting and forecasting processes. Soft Skills Team-building skills, with a proven ability to motivate, develop, and manage a team Good Communication with interpersonal skills Proactive and results-oriented mindset. BENEFITS: Hybrid working arrangements Annual performance-related bonus 6x Flexi: knock 2.5 hours off your day on any day. Medical insurance coverage for extended family members. Engaging, fun & inclusive culture: check out the MRI Software APAC Insta feed and stories! ABOUT THE BUSINESS: MRI Software is a Global Proptech leader delivering innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices across the United States, the United Kingdom, Hong Kong, Singapore, Australia, South Africa, New Zealand, Canada, and India, with over 4500+ team members to support our clients and their unique needs! MRI is proud to be an Equal Employment Opportunity employer. About Us From the day we opened our doors, MRI Software has built flexible, game-changing real estate software that powers thriving communities and helps make the world a better place to live, work and play. Fulfilling that mission is only possible because of one thing: exceptional people. People like you! Our people-first approach to PropTech is defining a new industry standard for client experiences that, quite frankly, can’t be duplicated. Experiences that deliver real value every day. And we know those experiences begin with our people. We believe MRI is more than just a workplace; it’s a connected community of people who truly feel they belong. Whether we’re investing in employee resource groups or providing tailored resources for each person to reach their full potential, we’re passionate about creating a work environment that makes you excited to show up every single day. At MRI, one of our core values is to strive to amaze. From the intelligent solutions we create to the culture we cultivate, that’s our goal every day. Because that’s what industry leaders do. Whether you’re joining as a new Pride member or rejoining us after a short time away, your talent is vital to us, our partners and our clients. Amazing growth requires amazing employees. Are you up to the challenge? We know confidence gap and imposter syndrome can get in the way of meeting remarkable candidates, so please don’t hesitate to apply. We’d love to hear from you! MRI is proud to be an inclusive employer. We welcome and celebrate diversity across all backgrounds, including ethnicity, religion, sexual orientation, gender identity, disability, age, military, veteran status and more. We believe that Belonging is a direct result of Diversity, Equity, and Inclusion. Those values are woven into the fabric of who we are and are foundational to our continued success. Come and see for yourself!