PROPERTY ACCOUNTANT
Company: Ascend Talent Solutions
Location: Irvine
Posted on: October 12, 2024
Job Description:
Our client a large Commercial Real Estate and Property
Management company in California is expanding its commercial
portfolio in Southern California focused on converting and
increasing the value of well-located office and retail properties
needs a strong, financial minded Property Accountant for a
multi-tenant property with active facilities and space
management.Job Description: With excellent analytical skills, the
primary responsibility of the Property Accountant will be the
financial management and reporting for the property working closely
with the property management team and building ownership. The
Property Accountant will be responsible for ensuring that all
financial reporting is accurate and timely and provide guidance to
the management team on all accounting and finance related items.
With excellent accounting and management skills, the Property
Accountant will work with team members to ensure both revenue and
expenditures are in line with the budget on a monthly basis.
Additional responsibilities for the Property Accountant include the
following:Responsibilities Include:
- 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 Property Manager to prepare detailed variance
explanations and preparation of 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 of 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 in 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 and 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.Position
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 account payables, receivables, budgets,
and expenditure control is also required.
- 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.Education
- Bachelor's degree in Accounting and relevant work
experience.Benefits
- PTO, PST, Medical, Dental, and Vision, 401-k matchCompensation
Keywords: Ascend Talent Solutions, Vista , PROPERTY ACCOUNTANT, Accounting, Auditing , Irvine, California
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