Staff Accountant - Property

Job Summary:

Under limited supervision, responsible for accounting and clerical duties of a nature in performing accounting functions. Assist and prepare various supporting capacities in a team environment for the completion of monthly/quarterly financial statements with all accompanying documentation. Responding to any inquiries received from Asset Management, property management, and administrative departments.

Essential Job Duties:

• Review and approval process based on approval matrix for accounts payable invoices concerning Operating Expenses, Lease Commissions, CAPEX, Tenant Improvement, Legal, Expense Reports, Property Tax and Insurance through the AP system, Payscan (P2P)
• Review of A/R PTAR (Property Tenant Action Request) form for charge adjustments, write off’s and credits.
• Propose journal entries to record in accordance with GAAP with supporting backup for:
• Corrections/Adjustments noted during reconciliation and analysis
• Post Closing Entries
• Lease Inducements
• Insurance Analysis
• Review and provide comments on monthly/quarterly financial property packages

(Reviewing will include financial statements as well as but not limited to the following:)

• Balance Sheet Schedules
• Rent Roll analysis
• Flux analysis (Budget to Actual, Actual to Actual)
• Trend Analysis
• Review fixed asset report generated by the FAM System and ensure proper classification and recording.
• Preparation and Review of ASC Topic 840, Leases, (straight line) schedules.
• Review cash flow and monitor cash requirements for all out-going cash including loans, monthly distributions and reserve payments.
• Prepare financial covenant packages for financial institutions and debt service coverage ratio calculations.
• Cross Training and working within all property segments within the Accounting and Finance department.
• Interface with various departments to resolve reconciling items and general accounting issues.

Other Job Functions:

• Assist accounting personnel on various projects as needed.
• Perform general administrative functions, including answering phones, typing correspondence, copying.
• Research and gathering information for various departments or as directed by management.

Qualifications & Requirements:

• Excellent verbal and written communication skills
• Strong analytical and problem-solving skills
• Proficient with Microsoft Office Suite
• Excellent time management skills with a proven ability to meet deadlines
• Ability to function well in a high-paced environment
• Ability to work overtime when required

Education and Experience:

• Bachelor's degree in Accounting.
• Minimum of 1 or 2 years of previous accounting experience (preferred experience in the real estate industry).
• Must be familiar with PC applications such as MS-Excel and MS-Word.
• Experience with Yardi accounting systems a plus.
• Great sense of urgency and ability to be multi-tasked in a fast-paced, high volume environment are a must.
• Must have excellent analytical and interpersonal skills, exceptional work ethic and all around team player.
• Must be deadline oriented.

Physical Requirements:

This position may require the ability to lift and carry up to 25 pounds, stand or sit for extended periods, and perform typical office-related tasks.

Benefits:

• Competitive 401(k) program with Company Match
• Comprehensive Medical, Dental, and Vision insurance
• Company-Sponsored Flexible Spending Account (FSA) and Health Savings Account (HSA) Options
• Life and AD&D Insurance Coverage
• Company-Paid Short-Term and Long-Term Disability Insurance
• Flexible Paid Time Off, including Sick Leave and Floating Holidays
• Annual Performance-Based Bonus
• Eligible for Long-Term Incentive Plan (LTIP) or Equity Participation

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Employee discount
• Employee stock purchase plan
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid sick time
• Paid time off
• Parental leave
• Vision insurance

Work Location: Hybrid remote in Irvine, CA 92612