What are the responsibilities and job description for the Corporate Accountant position at Douglas Emmett?
SUMMARY
This person will be part of the team responsible for corporate accounting and analysis for a NYSE listed REIT. This individual will work closely with the Corporate Accounting Manager, the Senior Vice President of Accounting, the Chief Financial Officer and other key stakeholders.
GENERAL RESPONSIBILITIES
- Assist in the determination of the accounting treatment, record all income statement and balance sheet activities, prepare payments, and prepare annual budgets for a multi-billion dollar portfolio of loans and derivatives.
- Prepare hedge effectiveness and fair value testing of derivative instruments.
- Analyze, track and recommend accounting for fixed assets transactions.
- Analyze, track and recommend accounting for insurance claims across both office and residential properties.
- Calculate estimated tenant recovery charges based on operating expenses throughout the year.
- Calculate and pay business licenses across four California jurisdictions.
- Assist in the determination of accounting treatment and prepare purchase price allocations in support of building acquisitions.
- Serve as liaison with external auditors, internal auditors, financial planning and financial reporting teams.
REQUIRED QUALIFICATIONS
- Bachelor’s Degree in Accounting.
- 2-3 years of experience at a Big 4 Accounting Firm.
- Knowledge of US GAAP; knowledge of real estate industry GAAP is preferred.
- Strong analytical, problem solving and leadership skills.
- Great communication skills.
- Meticulous attention to detail.
- Knowledge of Microsoft and Excel.
- Ability to develop creative solutions to problems.
- Ability to multi-task and handle changing priorities.
- Ability to meet monthly and quarterly closing deadlines.
Salary : $65,000 - $75,000