Fifth Corner is growing! We’re excited to add highly
qualified, energetic “5C” individuals to our team!
Join Our Team
High class talent is imperative to the success of Fifth Corner. As a part of our team, you will work alongside intelligent and hardworking industry leaders who constantly strive for excellence.
Available Positions
Fifth Corner is seeking a talented and experienced professional to become an integral part of its accounting team. The Senior Property Accountant will be responsible for performing all daily accounting and financial reporting functions related to our portfolio of properties, including but not limited to: application of rent, property expense AP, NNN reconciliations, depreciation and lease/capital management. Additionally, the Senior Property Accountant will have the highest level of integrity and critical thinking skills to support and maximize the company’s external and internal reporting and analysis. The Senior Property Accountant will be in a position to work directly with the managing partners and controller to contribute to the annual audit, tax compliance, corporate strategy and property budgets/business plans.
This position will office at 20405 State Highway 249, Suite 810; Houston, Texas 77070 at the Fifth Corner headquarters.
Responsibilities:
Essential Functions:
• Depositing and recording of tenant rent checks and allocation between base rent and various expense reimbursement.
• Reconciling property cash account with the bank and GL monthly.
• Managing property payables and cutting checks to vendor (or managing a third-party payment vendor).
• Monthly analysis of various workpapers including accruals, prepaid insurance, real estate taxes, bad debt and fixed assets.
• Prepare monthly property financial statements (balance sheet and income statement) along with a consolidating schedule per fund.
• Review property invoices for proper coding and authorization and oversight of the AP process.
• Ensure that all sales information is collected and resides in MRI for all tenants with sales reporting.
• Prepare NNN reconciliations quarterly for evaluation and annually for communication and collection from the tenants.
• Manage the annual property budgeting process and coordinate with property management, leasing and asset management for complete budget and business plan process.
• Assist controller or accounting manager with the annual audit(s) and tax returns – ensuring a high standard of fiduciary responsibility and achieving deadlines.
• Special projects and analysis to assist in the overall growth and success of Fifth Corner.
Key Job Elements:
• Team player with a positive attitude.
• Ability to see the big picture, look around corners, and communicate challenges and solutions.
• Participate in weekly team meetings.
• Lead by example and effectively demonstrate the importance of maintaining an environment with high levels of ethical standards compliance.
• Support other areas of the company such as Property Management and Asset Management with preparation and analysis of financial information along with buy-side due diligence support.
Collaborative work ethic with an active curiosity and desire to grow personally and professionally. Individuals must possess the 5C’s (Core Values, Character, Competence, Communication, and Community) and demonstrate a positive attitude, cooperative team spirit, service mindset, and a desire to be a part of a best-of-class team. The position requires strong organizational skills, the ability to multitask, and an attention to detail that leads to accuracy and the meeting of deadlines. Excellent oral and written communications skills are necessary. Individual must be a self-starter and be able to perform job duties with little daily supervision.
Requirements:
• Associates or Bachelor’s Degree with an emphasis in accounting
• Five (5) years of accounting experience in the real estate industry, preferably within the retail sector
• Full-cycle monthly property close experience including preparation and analysis of NNN reconciliations
• Exceptional computer literacy with a robust knowledge of MRI (or Yardi) and Excel
• Excellent written and verbal communication skills with a robust ability to communicate reports, data, and analysis to a variety of audiences
SUBMIT RESUMES TO: chad@fifthcorner.com
Apply Today!
We are seeking highly motivated, intelligent, and personable candidates that embody Fifth Corner’s 5C’s. Our culture is team oriented and driven by our commitment to integrity. We welcome new and diverse perspectives and strive to provide a place for opportunity and growth for all our employees.
The 5C Framework for Leadership, Culture, and Life
Core Values
“In God We Trust” as our moral compass
Core Values
We believe that 5C leaders with morally strong core values are at the center of every great, sustainable organization. As a 5C organization, we seek to promote a core value framework that reflects the intent of America’s Founding Fathers—“In God we trust”—as our own, and recognize that the core values of our nation and of our Company flow from God. While we respect people of all faiths and do not attempt to judge a person’s core values, we do expect 5C leaders to exhibit a commitment to high moral character, competence, communication, and community as described below.
Character
Honorable virtues and integrity exhibited in all areas of life
Character
We believe character flows out of an individual’s core values. At its root character is knowing the difference between right and wrong, even when no one is watching, and having the courage and integrity to make wise choices. Legendary Coach John Wooden used “two sets of three” to guide him: “Never lie, never cheat, never steal. Don’t whine, don’t complain, don’t make excuses.” We use these as a starting point for 5C character. Finally, a 5C leader values and practices moral ethics, good judgement, restraint, and courage.
Competence
Sustainable excellence
Competence
We believe 5C leaders have a passion for sustainable excellence in their personal and professional lives. This is the heartbeat of competence. 5C leaders have a thirst for knowledge and learning, seek each other’s counsel, and try to eliminate the kind of self-serving pride that kills teamwork. Although excellence is our goal, we understand that occasional failure is an unavoidable consequence of courageous leadership, and agree with C.S. Lewis that “Failures… are fingerposts on the road to achievement. One fails forward toward success.”
Communication
Courageous truth and transparency
Communication
We believe 5C leaders take communication seriously and strive to become the best they can be in this crucial area of life. Peter Drucker, the father of American management, was on point when he said, “Sixty percent of all management problems result from faulty communication.” The core of 5C communication is courageous truth, balanced by the timeless adage espoused by William Barclay and others: “Before speaking, one should ask: 1) Is it true? 2) Is it necessary? 3) Is it kind?” A 5C leader strives toward excellence in written and oral communication.
Community
Active helpfulness and betterment
Community
We believe 5C leaders and the 5C organization they represent have a moral responsibility for active helpfulness within the communities in which they live and serve. This begins with one’s team members and their families and then extends to those who live in the communities we serve. Our goal, as individuals and as a Company, is to leave the communities we serve better than we found them. We do this through our active investment and through the gift of our time and talents.