$105-110K + bonus (10-15%)

Work Model: Fully onsite role

Why is this a great company?:

  • One of the most respected real estate investment firms in OC!
  • Voted as a “Best Place to Work in OC”
  • Highly talented team with excellent mentors

SENIOR REAL ESTATE ACCOUNTANT

Responsibilities:

  • Handle all aspects of 8-10 real estate assets within the REIT portfolio with the supervision and review of an Accounting Manager or Assistant Controller.
  • Review, manage, and supervise property manager accounting to ensure that a complete and accurate accounting package is being received from the field. Such review should evaluate among other things, the validity/completeness and proper treatment of accruals, cash receipts and disbursements, capital expenditures, and reserves. Tasks included in this review should include a scanning of the financial statements for unusual items, a review of bank reconciliations, top level reasonableness tests of revenues and major expenses, and a review of unusual fluctuations from quarter to
  • Perform a review of all new leases for pertinent financial lease information for straight-line rent purposes by using internal checklist to audit lease, total potential rent, test calculation of effective rent as set­ up in MRI to lease document. In addition, review for any lease incentive considerations.
  • Interface and coordinate with portfolio managers, asset managers, property managers and other in-house personnel to facilitate the asset management process. Examples would be, preparation of monthly internal report, preparation of monthly actuals for use by analysts in APR’s, special requests for information for maintenance of various internal databases, research into specific tenant issues or capital expenditures,
  • Review and approve weekly capital funding requests and ensure cash is available and capital funding wire is sent on a timely
  • Review Delinquency Aging report and follow-up on outstanding items.
  • Ability to organize, prioritize and manage multiple tasks in a fast-paced environment. Exercise good time management and possess a high degree of accuracy.
  • Prepare general journal entries as needed
  • Assistance in providing information for year-end audit or internal audit requests.

Requirements:

  • Bachelor’s degree in accounting or finance (MBA or CPA a plus)
  • 3+ years of experience in property accounting (including commercial/retail)
  • Must have strong Excel and PowerPoint skills.
  • Experience with Yardi or MRI