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PROPERTY ACCOUNTANT

JOB FUNCTION: Real Estate
JOB TYPE: Direct Hire
LOCATION: Los Angeles, CA

COMPENSATION: $70k - $95k
MINIMUM EDUCATION: Bachelor's Degree
POSTED: Mar 25, 2020

Our client is growing rapidly, thus is looking to add a Property Accountant to their Accounting team. With over 30 years in business, this national real estate firm is multi-faceted with over $3 million worth of assets and over 20 million square feet of retail, commercial, residential and mixed-use projects. 

Salary/Hourly Rate:

$70-95K DOE

Position Overview:

Our client is looking for an experienced Property Accountant to assist and manage accounting function for a portfolio of properties. From market research to GL and month-end close, this Property Accountant will do it all. They will not only work on a mid-sized team, but will also own and manage properties individually. This Property Accountant will be proactive, thorough and ready to take on any and all challenges.

Responsibilities of the Property Accountant:

  • Handle full-cycle accounting for assigned properties including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers, and review of job cost reports
  • Perform all month-end reconciliations and understand all entries and postings to balance sheet and income statement accounts for assigned properties
  • Property investigation and study of its financial prospects, thereby accounting for the property as per the company’s needs
  • Conducting the process of exact valuation of the property and documentation of its financial as well as related description in details
  • Reconciliation of bank statements, management of cash-flow structures, investments and returns
  • Calculating monthly, quarterly, or annual interests on the property and paying or receiving payments for the same, depending upon the nature of the company and the property deal
  • Assist with the year-end audit including preparation of audit schedules
  • Assist with the year-end tax preparation including preparation of tax schedules

Qualifications for the Property Accountant:

  • CPA a plus but not required
  • Can assist in CPA hours requirement
  • Proficient in Yardi or MRI
  • Expert level with MS Excel and Outlook
  • Audit or tax experience
  • A minimum of two to four years of prior accounting experience required, preferably in the real estate industry
  • Ability to explain financial information both verbally and in writing
  • Detail oriented as reflected in accuracy in work product

Education Requirements:

  • Bachelor’s degree (BA/BS) from a four-year college or university program with an emphasis in accounting

Benefits:

Giving benefits package including health, vision and dental, 401K

POSITION ID: 87399

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