(310) 878-3272
info@pacificexecutives.com
Property Accountant
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One of the largest, privately-held developer and owners of commercial and industrial properties in the San Gabriel Valley area is looking for a Property Accountant.
Responsibilities:
- Basic understanding of GAAP accounting, including straight-line rents, and fixed asset depreciation
- Maintain the general ledger for operating industrial properties and their related partnership ownership entities and properly reflect the financial results to both Lenders and Owners in accordance with GAAP
- Monthly and annual “close” process for respective properties which includes making necessary journal entries to record activity and to reconcile account balances to the detail sub-ledgers and/or support work papers
- Maintain financial supporting schedules and work papers
- Record JEs (month-end closing entries, accruals, prepaids, etc.) and reviews GLs to ensure accuracy
- Monthly Bank reconciliations
- Prepare management fee invoices and supporting schedules
- Prepare monthly cash flow schedules to determine distribution or capital call amounts
- Monthly rental sales tax returns (preparation & filing)
- Assist Property Managers in preparing Annual CAM reconciliations
- Ad hoc financial analyses as needed and directed by Controller and CFO
- Perform detailed analysis and provide written explanations of variances between actual results and budgeted results for key income statement accounts as well as current year vs. prior year actual results
- Assist property management in developing their annual budget as well as the ongoing forecast for the calendar year being reported
- Calculate tenant reimbursement income based upon the assumptions provided by leasing for new tenants
- Prepare monthly loan draws to various lenders
Qualifications:
- Bachelor's degree
- 5+ years of experience in commercial / retail property accounting OR public accounting as an auditor
- Proficient in Microsoft excel spreadsheets and real estate accounting software (JD Edwards preferred)
- Strong analytical ability
- Good interpersonal and written skills
- Positive attitude
- Good organizational skills