Property Accountant

$80,000 - $80,000/Yr

Mjw Investments - Los Angeles, CA

Full-time - Mid Level

Los Angeles, CA

Repair and Maintenance

About the position

The Property Accountant at MJW Investments is responsible for leading corporate and property-level accounting operations, ensuring accurate financial reporting and regulatory compliance across a diverse portfolio of multifamily and student housing properties. This role is essential for supporting day-to-day financial operations, including month-end close, cash management, and payroll entries, while maintaining the integrity of financial data within the organization.

Responsibilities

• Prepare financials, journal entries, working papers, and analysis for monthly, quarterly, and year-end close.
• Manage the internal accounting needs for commercial development properties and commercial construction projects.
• Collaborate with the Asset Manager to prepare and analyze monthly close financial reports.
• Maintain organized, accurate, and up-to-date records for all accounting transactions and reports.
• Help improve accounting processes internally and externally with clients.
• Perform accounting conversions from QuickBooks/MAS into Yardi.
• Ensure compliance with appropriate general ledger (GL) codes and financial processes across the portfolio.
• Monitor vendor accounts to minimize past-due payments and manage vendor relationships.
• Prepare annual business and personal property tax returns, renew business licenses, and ensure compliance with regulatory requirements.
• Create and customize budgets, forecasts, and ad-hoc reports for clients.
• Oversee property-level cash management, ensuring funds are available for day-to-day operations while optimizing asset performance.
• Manage payroll journal entries and ensure timely processing of payroll.
• Interface with external auditors and tax accountants, preparing schedules and reports as necessary.

Requirements

• Bachelor's degree in accounting required.
• 3-5 years of full cycle accounting or audit experience including private industry and/or public accounting.
• Extensive experience with accounting software such as Yardi, Compliance Depot, and Microsoft Office Suite (Excel, Word, PowerPoint).
• Yardi ERP Experience.
• Exceptional organizational and time-management skills with the ability to handle multiple priorities and deadlines.
• CPA highly preferred.

Nice-to-haves

• Strong knowledge of accounting principles, including month-end close, journal entries, and financial statement preparation.
• High level of accuracy and attention to detail in financial reporting and compliance.
• Ability to analyze complex financial scenarios and provide effective solutions to improve financial performance.
• Excellent written and verbal communication skills to engage with senior management, external auditors, and property teams.

Benefits

• Health savings account
• Disability insurance
• Health insurance
• Dental insurance
• Flexible spending account
• Paid time off
• Employee assistance program
• Vision insurance
• Employee discount
• Life insurance
• Paid sick time