Senior Property Accountant
Posted on :
30-05-2024
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Job Description
Sr. Property Accountant
Belmont CA $95000 $110000 Direct FullTime Onsite Real Estate
ABOUT THE COMPANY
Our client is a premier asset and property management company they have over 50 years' experience managing a diverse portfolio of commercial and multifamily properties. They are renowned for their handson management approach marketing knowhow and indepth knowledge of submarkets throughout the region. It's what's allowed them to create unique strategies that are truly custom to each property.
ABOUT THE ROLE
Our client is seeking a Senior Accountant to work with the Multifamily Financial Services Team. The schedule is 40 hours per week Monday through Friday 9am – 6pm. This position is responsible for the financial closing and reporting of multiple partnership portfolios including the analytical review and reconciliation of all entities in compliance with US GAAP and their Policy and Procedures for Financial Reporting. Candidates must have strong MS Excel MS Word and accounting software skills. Candidates must also possess the ability to analyze complex accounting transactions understand complex accounting treatment of a variety of transactions and resolve discrepancies in the financial data as part of the period closing process. This position works closely with our onsite Property Managers Regional Managers and A/P Specialists.
WHAT YOU WILL BE DOING
WHAT YOU NEED TO HAVE
BENEFITS
#RRG19
Belmont CA $95000 $110000 Direct FullTime Onsite Real Estate
ABOUT THE COMPANY
Our client is a premier asset and property management company they have over 50 years' experience managing a diverse portfolio of commercial and multifamily properties. They are renowned for their handson management approach marketing knowhow and indepth knowledge of submarkets throughout the region. It's what's allowed them to create unique strategies that are truly custom to each property.
ABOUT THE ROLE
Our client is seeking a Senior Accountant to work with the Multifamily Financial Services Team. The schedule is 40 hours per week Monday through Friday 9am – 6pm. This position is responsible for the financial closing and reporting of multiple partnership portfolios including the analytical review and reconciliation of all entities in compliance with US GAAP and their Policy and Procedures for Financial Reporting. Candidates must have strong MS Excel MS Word and accounting software skills. Candidates must also possess the ability to analyze complex accounting transactions understand complex accounting treatment of a variety of transactions and resolve discrepancies in the financial data as part of the period closing process. This position works closely with our onsite Property Managers Regional Managers and A/P Specialists.
WHAT YOU WILL BE DOING
- Prepare monthly financial statement packages for several entities and owners with various deadlines throughout the month.
- Monthly Quarterly semiannual and annual reporting requirements.
- Specific responsibilities include:
- Analysis and interpretation of financial information compilation and reporting data for assigned portfolio of properties. Prepares complex account reconciliation and journal entries and performs ongoing analytical review in support of the monthly close process.
- Prepares monthly analysis of account variances using trailing 12 income statement as basis.
- Process bad debt writeoffs of delinquent accounts per owner guidelines and direction.
- Creation of cash projections and calculation of monthly owner distributions
- Analyze financial data to identify trends anomalies and areas of improvement.
- Understands and interprets compliance and partnership documents including regulatory and loan agreements as well as the accounting treatment associated with each document.
- Research and documents conclusions on accounting issues with appropriate understanding of relevant GAAP pronouncements.
- Creation and submission of scheduled financial reports to lenders
- Compile budget packages for Regional Managers
- Compile tax packages for tax accountants.
- File business tax licenses for properties.
- File 571L/571R personal property returns for properties.
- Complete property audits
- Oversee and/or supervise other accounting personnel.
- Provides adhoc reporting as requested.
- Performs other assignments as required.
WHAT YOU NEED TO HAVE
- Education/Experience: Fouryear Accounting degree required. Knowledge of property accounting required. At least 5 years of accounting work experience – Property Accounting experience is ideal.
- Language Ability: Strong oral and written communication skills.
- Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written oral or diagram form. Ability to solve problems using a mix of concrete and conceptual variables.
- Computer Skills: Must have excellent computer skills including strong knowledge of Microsoft Office especially Excel (VLOOKUP if functions). Minimum 2 years of accounting software Real Page and AvidXchange experience is a plus.
- Mathematical Skills: Strong mathematical skills required. Ability to calculate figures and amounts such as discounts interest bonuses proportions percentages. Ability to apply concepts such as fractions percentages and proportions to practical situations. Basic accounting principles.
- Certificates Licenses Registrations: CPA or progress toward a CPA certification preferred.
BENEFITS
- Full Time benefits include paid vacation and sick time Medical Dental Vision Life insurance and 401(k) Plan with Company match.
- Monthly Cell Phone Reimbursement
- Commuter Benefit
- Employee Assistance Program
- Excellent work environment with a committed team
- Drug Free Workplace
- Competitive Salary
#RRG19
Employment Type
Full Time
Key Skills
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