Real Estate Property Accountant

GPAC

  • Pasadena, CA
  • $75,000-95,000 per year
  • Permanent
  • Full-time
  • 11 days ago
  • Apply easily
Join a dynamic, fast-paced, team-driven environment! Our client has a full-time opening for a Real Estate Property Accountant in the corporate office in Los Angeles. They are a privately held real estate development company.Position Summary:The Property Accountant will be assigned a portfolio of properties and be responsible for the property level general ledger accounting, variance analysis, annual budget process, and special projects as assigned.Responsibilities Include:
  • Perform budget and reforecast input and analysis
  • Assist with quarterly property valuations
  • Maintain general ledgers
  • Prepare and process monthly journal entries.
  • Provide detailed explanation of income statement variances
  • Review leases and leasing activity to ensure accurate billing
  • Prepare CAM/RE Tax/Insurance/Utility reconciliations as needed per the terms of the lease.
  • Establish and maintain relationships with tenants and work to resolve disputes related to recoverable expenses.
  • Interpret the language of leases in order to set up recoveries for tenants
  • Analyze recovery rates and expenses as they relate to or affect property
  • Provide backup support as needed. Review and understand A/P, A/R, and Lease Administration entries, reports and schedules.
  • Maintain thorough knowledge of the Lease provisions.
  • Assist with audits
Required Skills and Experience:
  • Minimum education level of Bachelor's degree in Accounting or significant related experience
  • Minimum of three (3) years work experience in either Accounting or Commercial Real Estate capacity required
  • Experience in Yardi and/or Argus a plus
  • Ability to prioritize tasks and thrive in a high volume, deadline-oriented environment
  • Excellent analytical skills and proficiency in Microsoft Word, Excel, and Outlook are critical
  • Ability to work independently with minimal supervision, and take initiative to investigate and resolve problems using sound judgment
  • Excellent attention to detail and accuracy a must
  • Must be comfortable reading and deciphering legal documents
  • Must be dependable, punctual, and reliable with a strong work ethic
  • Team oriented and team player
  • Regular attendance is an essential function of the job
  • Fluent in English
  • Must pass drug screen
  • May be subject to background check
  • Valid driver’s license a plus
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