Senior Property Accountant
$110k - $125kAffinity Executive Search
Senior Property AccountantSalary: $110,000 - $125,000 per yearLocation: Torrance, CAMinimum Degree: Bachelor's degree in Accounting, Finance, or related field required; CPA a plusRelocation Assistance: Not AvailableJob Type: Direct HireIndustry: Real EstateCompany Size: $1-4B of assets under managementKeys to Job: 5+ years or more property/real estate accounting required - ideally residential and commercial exp. Must have a BS or BA in Accounting or Finance to be considered. CAM Reconciliations a must, Financial Statements a must, Real Estate investment experience is a big plus. Must be fluent in large company ERP systems, custom report building, Advanced Excel. Fund administrator coordination preferred. Must be local and on-site 5 days/week. Best fit: hands-on property accountant who can also support corporate GL, consolidations, and investor/fund reporting. NOTE: Will consider people straight out of Big 4 CPA firms.Job Description – Senior Property AccountantA real estate investment firm is seeking a Senior Property Accountant for its Torrance office. This is a full-time, on-site role supporting property-level and corporate accounting plus fund administration coordination. You will own full-cycle accounting for 6 multifamily properties and 2 commercial assets, including CAM reconciliations and large real estate ERP system reporting, while also supporting entity-level reporting and working directly with outside fund administrators.Essential Duties & ResponsibilitiesProperty AccountingPerform full-cycle accounting for 6 multifamily properties and 2 commercial assets, including monthly close, financial packages, and variance analysisPrepare and review CAM reconciliations, straight-line rent, and security deposit accountingManage bank reconciliations, cash management, accounts payable, tenant billing, and lease administrationCorporate AccountingSupport corporate-level general ledger accounting, including intercompany transactions and consolidationsAssist with corporate financial statements and management reportingSupport entity-level budgeting and forecastingFund Administration & External ReportingServe as a key point of contact with outside fund administrators for data exchange, reconciliations, and reportingPrepare supporting schedules and workpapers for fund-level financial statements, investor reporting, and auditsAssist with lender reporting packages and covenant compliance documentationSystems & ProcessMaintain investor/portfolio data in the large real estate ERP system (IM) portalBuild and maintain custom reports in Yardi Voyager (not just existing templates) for management, investor, and lender reportingManage vendor compliance workflows in large real estate ERP system, including exceptions and documentation standardsIdentify opportunities to streamline close and reporting workflows across the portfolioQualificationsMinimum 5 years of accounting experience with a focus on property or real estate accounting; corporate/entity-level exposure a plusHands-on large real estate ERP system, custom report building, IM portalCAM reconciliation experience requiredExperience working with outside fund administrators strongly preferredAdvanced Excel (pivot tables, lookups, financial modeling) requiredMust be local and able to work on-site 5 days per week
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