PROPERTY ACCOUNTANT

$75,000 - $90,000/Yr

Ascend Talent Solutions - Irvine, CA

Full-time - Mid Level

Irvine, CA

Administrative and Support Services

About the position

The Property Accountant will play a crucial role in the financial management and reporting for a multi-tenant property within a large Commercial Real Estate and Property Management company. This position requires strong analytical skills and a financial mindset to ensure accurate and timely financial reporting, while collaborating closely with the property management team and building ownership. The role involves overseeing budgets, managing accounts payable and receivable, and providing guidance on accounting and finance-related matters.

Responsibilities

• Preparing accurate and complete monthly financial and accounting reports.
• Overseeing and finalizing the preparation of the annual budget, monthly forecasts, and re-projections.
• Working with the Property Manager to prepare detailed variance explanations and the annual business plan.
• Preparing CAM and tax reconciliations and other related period-end tenant and vendor billings.
• Responsible for cash management maintenance and reporting.
• Managing the Accounts Payable processes including coding and entering invoices into the accounting system, verifying and ensuring accuracy of data and corresponding backup.
• Managing the Accounts Receivable processes including aging report, collections, and accurate rent data within the financial system.
• Verifying, allocating, and overseeing the posting of transactions to subsidiary accounts and preparing journal entries for accruals.
• Reviewing and approving documentation for expense reports and budget variances, ensuring appropriate guidelines and approvals are followed.
• Preparing and compiling reports and analysis to show statistics on revenues and expenditures, accounts payable and receivable, profit and loss, and other financial-related items.

Requirements

• 4 years of previous accounting experience in commercial real estate with increasing responsibilities.
• California Real Estate License and RPA or CPM designations.
• Proficient in general accounting and financing principles and in GAAP and FASB.
• Extensive knowledge of accounts payables, receivables, budgets, and expenditure control.
• Ability to create procedural manuals and train and manage AP and AR Specialists.
• Highly proficient in Microsoft Excel, and Yardi, MRI, Timberline, or other commercial real estate software programs.
• Exceptional problem-solving and analytical skills.
• Bachelor's degree in Accounting and relevant work experience.

Benefits

• PTO
• PST
• Medical
• Dental
• Vision
• 401-k match