Senior Real Estate Recovery Specialist

4 weeks ago


Los Angeles, California, United States CIM Group, LP Full time

CIM Group, LP is seeking a skilled Senior Real Estate Recovery Specialist to join our team. This role is responsible for managing all tenant recoveries activities for commercial properties.

Key Responsibilities:
  • Calculate estimated CAM, Tax, and Insurance charges, as well as other recoveries.
  • Conduct annual reconciliations and budget the recovery income.
  • Calculate monthly escrows and administer quarterly CAM accruals.
  • Analyze and reconcile CAM expenses, ensuring accuracy and compliance with lease agreements.
  • Collaborate with Lease Administration, Property Accounting, and Property Management to ensure accurate and timely CAM reconciliation and estimate calculations.
Requirements:
  • 2-3 years' experience in real estate accounting or financial analysis, with a focus on CAM charges in a commercial asset setting.
  • Experience in Yardi Voyager or comparable property management software.
  • Prior experience with Triple Net Leasing, Gross Lease, Base Year Tenants.
  • Proficient in Microsoft Office, specifically Excel and Word.
  • Ability to review and interpret lease language.
  • Ability to operate standard office equipment.
What We Offer:
  • Medical, dental, and vision benefits.
  • Company-subsidized Health Savings Account.
  • Company-paid life and disability insurance.
  • Pre-tax savings accounts.
  • Competitive vacation policy.
  • Paid time off for community service.

CIM Group, LP is an equal opportunity employer and prohibits any unlawful discrimination against a job applicant on the basis of their race, color, religion, gender, gender identity, gender expression, sexual orientation, national origin, family or parental status, disability, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate.



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