Senior Accountant $70-80K Real Estate/Property Management

Santa Monica and Glendale locations

Very stable and established real estate investment corporation with over 25 years of solid success in commercial real estate industry needs experienced senior accountant to handle the following duties:

Responsible for the day to day accounting of real estate assets and the funds that invest in these assets. The position is generally responsible for closing the books and records for approximately 12 to 15 properties and all ancillary accounting related to these assets.

ESSENTIAL FUNCTIONS:

Solid understanding of GAAP
Review all property management financial reports on the individual assets. CAM reconcilations
Record the fair value adjustment for investments in real estate and debt.
Record equity in earnings for joint ventures
Record minority interest for consolidated entities
Consolidate all investments within a Fund.
Write quarterly financial statements.
Interact with other property accountants, banking personnel and asset managers.
Answer client quarterly questionnaires.
Perform cash management functions.
Record and reconcile financial information.
Prepare monthly, quarterly, and annual client reports.
Prepare annual cash audit work papers.
Prepare annual audit and tax work papers.
Prepare internal and external performance returns.
Prepare monthly bank reconciliation’s for checking accounts.
Calculate and prepare statements of cash flows.

Must have Bachelor’s Degree in Accounting or Finance.

Minimum of 4 to 5 years of accounting experience in the real estate industry.


SKILLS:
Be conscientious about achieving deadlines and has an accurate work product.
Good written and verbal communication skills, including ability to articulate recommendations in concise and timely manner.
Detail oriented and very analytical
Strong organization skills
Strong computer skills in Microsoft Excel.
Familiar with consolidating and equity method of accounting.
Strong knowledge of GAAP and accounting pronouncements in general