Senior Real Estate Accountant

Confidential
Published
August 5, 2022
Location
Canoga Park, CA
Category
Job Type

Description

An ADP client is currently recruiting for an experienced individual to be our next Sr. Real Estate Accountant to join our team in our West Hills, California and Westlake Village, California locations.

Who We Are:
J&L Real Properties is a commercial real estate investment entity founded by two partners in 2011. Their success in commercial real estate transactions has led to current portfolio holding of 17 properties in multiple states across the country with over 1.2MM square foot combined rentable space. Increased frequency and size of sale and acquisition transactions has called for additional accounting staff.

This position is a new opportunity for an outstanding candidate who has worked in accounting capacity in the real estate industry. The candidate will be responsible for preparing accurate and timely financial reports, collaborating with third-party property management teams, assisting with tax preparers, communicating with insurance broker, and complying with various lender reporting requirements. A critical element in this role will be continuous process improvement on an ongoing basis to keep pace with continual growth and expansion of the organization.

J&L is looking for a creative, collaborative, and forward-thinking individual who strives for excellence and personal growth and performs equally well working autonomously and collaboratively with both members within and outside the organization. The successful candidate will be a cross-functional-minded individual who is well-versed in both real estate and accounting arena. The ideal candidate will work under the general direction of the Chief Financial Officer and report directly to the owners.

What you’ll do:
Core duties and responsibilities include the following.

  • Responsible for maintaining real property books for all properties in the accounting and property management software system
  • Prepare and record journal entries and reconcile accounts timely
  • Review settlement statements, lease agreements, purchase and sale agreements and other legal documents to determine appropriate accounting treatment
  • Review of monthly financial reports and schedules from third-party property managers
  • Assist in developing and review budgets and forecasts
  • Monitor cash flow, cash needs, and prepare related project
  • Participate in the implementation, troubleshooting and utilization of new software and third-party integration
  • Work with outside tax preparers in preparation of various tax filings
  • Prepare and submit quarterly and annual financial reporting to fulfill lender compliance requirements
  • Function as liaison with property management and property accounting teams
  • Assist with annual budgeting and forecasting
  • Ad hoc reports and projects
  • Other duties may be assigned by management

Our Perfect Candidate

Education and Experience:

  • Bachelor's Degree in accounting is required
  • 3-5+ years relevant accounting experience required
  • 2-3+ years’ experience in real estate managing multiple property entities
  • QuickBooks experienced preferred
  • Familiarity with commercial real estate accounting processes and software (Yardi, Argus, Appfolio, MRI, etc.) is a plus
  • Excellent Microsoft Excel spreadsheets skills i.e., formulas, Marcos or pivot tables required

Required Abilities and Skills:

  • Strong interpersonal, verbal, and written communication skills
  • Time management skills to prioritize and meet deadlines
  • Dependable, great attitude and team player
  • Ability to work independently and as a member of a team
  • Flexibility to work in a changing environment
  • Ability to thrive in a fast-paced environment
  • Expertise in analysis, critical decision making, and process improvement
  • Capable of managing the "big picture" while paying attention to detail

Company Offers:

  • Competitive salary will be commensurate with experience and education
  • Comprehensive benefits package available: (healthcare, vision, dental, and life insurances; vehicle; personal time off (PTO), and holidays)

To Apply:
Please submit your resume via the ‘Apply Now’ button!

We are an Equal Opportunity Employer!

Keywords: Yardi, Argus, Appfolio, AppFolio, MRI, real estate accountant, real estate accounting, property management, property accounting, multi-properties, leasing agreements, lease agreements, property books, real-estate, commercial real estate

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