Property Accountant

Full Time
Los Angeles, CA
Posted
Job description

Beacon Resources, in partnership with our client, seeks a Property Accountant to join a real estate investment company in West Los Angeles on a direct hire basis.

Job Description (General) – The hired Property Accountant will perform day-to-day accounting tasks and assist in the M/E closing process for various properties. You will also provide all information necessary for timely financial reporting. You will report to a Controller.

Job Site Status (Remote/Mixed/Onsite) – Our client will consider a 100% remote status for out of state candidates, although the client’s preference is for the hired Property Accountant to go to the office on a hybrid basis (one to two (1-2) days remote).

Culture/Environment - You will work for a family-owned company, with a great mentor (Controller). The company provides good work-life balance.

Compensation/Benefits – Salary range starts at $70,000/year and increases depending on qualifications. Our client supplements base compensation with medical, dental, vision, and 401(k) plans.

PROPERTY ACCOUNTANT DUTIES

General Ledger (G/L) Accounting

  • Perform all G/L full cycle accounting functions (A/P, A/R, Payroll, Bank Reconciliations, Journal Entries, audit) for all corporate entities
  • Prepare intercompany expenses
  • Record reimbursements
  • Prepare month-end accruals
  • Reconcile balance sheet and bank accounts
  • Assist in closing the books monthly

Property Accounting

  • Calculate monthly and quarterly management fees
  • Assist with lease capitalization journal entries and reconciliations
  • Invoice rents

Miscellaneous Accounting Tasks

  • Help audit the balance sheet
  • Assist in all Accounts Payable (A/P) matters
  • Assist the Finance department in budgeting and forecasting projects by providing any necessary information
  • Create financial statements in a prompt manner
  • Assist in all external and internal audits
  • Suggest any accounting improvements to Accounting processes and procedures
  • Prepare monthly and year-end financial statements
  • Accept any other ad-hoc tasks

PROPERTY ACCOUNTANT QUALIFICATIONS

Required

  • Bachelor’s Degree in Finance, Accounting, or Business Administration or equivalent work experience
  • At least two (2) years of property accounting experience
  • Current or prior employment at a company with substantive real estate accounting transactions

Preferred

  • CPA or CPA tracking
  • Knowledge of Generally Accepted Accounting Principles (GAAP)
  • Current or prior exposure to residential accounting

PROPERTY ACCOUNTANT SKILLS

Required

Technical

  • Intermediate-level Excel proficiency (v-lookups, pivot tables, IF formulas, et. al)
  • Yardi Voyager

Interpersonal

  • Willingness to take on significant responsibility
  • Ability to work independently
  • Ability to supervise other accounting professionals
  • Sound critical thinking skills

For further information, submit your resume in MS Word format to me. I will hold all inquiries in the strictest confidence.

IND1

Job Type: Full-time

Pay: $70,000.00 - $85,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
  • Work from home

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Bonus pay

Education:

  • Bachelor's (Required)

Experience:

  • Property Accounting: 3 years (Required)

License/Certification:

  • CPA (Preferred)

Work Location: Remote

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