Staff Accountant

Position Summary

Omninet Capital is seeking a detail-oriented and motivated Staff Accountant to join our Accounting team in Beverly Hills, CA. This role provides an excellent opportunity for an early-career accounting professional to gain hands-on experience supporting both Construction Accounting and Corporate Accounting within a vertically integrated real estate investment, development, and property management company.

Reporting to the Controller, the Staff Accountant will assist with construction job cost accounting, corporate accounting operations, month-end close activities, treasury support, and various financial reporting responsibilities. The ideal candidate is eager to learn, highly organized, and thrives in a fast-paced, collaborative environment.

Key Responsibilities

Construction Accounting

• Assist with month-end, quarter-end, and year-end close activities related to construction job cost accounting.
• Review job cost transactions for accuracy and prepare journal entries and job cost adjustments in Yardi.
• Generate monthly job cost reports and support financial reporting packages.
• Update cash flow tracking for capital improvement (CapEx) and tenant improvement (TI) projects.
• Process and post construction management fees.
• Analyze and prepare reclassifications for construction-related transactions.
• Assist with year-end capital expenditure accruals.
• Support the Controller with capital project analysis and tax reporting related to tangible property regulations.
• Create and maintain construction jobs, contracts, and budgets within the Yardi Job Cost module.
• Coordinate with Construction and Operations teams on new projects, budget revisions, and job status updates.
• Track project budgets, timelines, and tenant improvement work.
• Review, code, and verify construction invoices before submitting to Accounts Payable.
• Monitor tenant improvement overages, prepare tenant billings, and process reimbursement requests.
• Prepare construction and job cost reports for internal departments and external partners.
• Support the annual capital budgeting process by creating jobs, tracking budget changes, and monitoring undisbursed project costs.

Corporate Accounting

• Support accounts receivable activities for corporate, commercial, and residential entities.
• Process corporate billbacks and related accounting transactions.
• Track management fees and coordinate property reimbursements.
• Process wire transfers and assist with treasury-related activities.
• Assist with forming and maintaining legal entities and corporate records.
• Monitor and process unclaimed property filings.
• Support property tax appeal administration.
• Assist with external audits, 401(k) audits, workers’ compensation audits, and other compliance activities.
• Support quarterly distributions and other accounting projects as assigned.

General Accounting

• Prepare journal entries and account reconciliations.
• Assist with monthly financial close and reporting processes.
• Maintain accurate accounting records and supporting documentation.
• Collaborate with cross-functional teams including Construction, Property Management, Operations, and Finance.
• Identify opportunities to improve accounting processes and internal controls.
• Perform additional accounting and administrative duties as assigned.

Qualifications

• Bachelor’s degree in Accounting or Finance from an accredited college or university.
• 2-4 years of accounting experience; internship or real estate accounting experience is a plus.
• Strong attention to detail with excellent organizational and analytical skills.
• Proficiency in Microsoft Excel.
• Experience with Yardi is preferred but not required.
• Excellent written and verbal communication skills.
• Self-motivated, adaptable, and able to manage multiple priorities in a fast-paced environment.
• Strong work ethic, professionalism, and commitment to accuracy and teamwork.

Why Join Omninet?

This is an excellent opportunity to build a strong foundation in both construction and corporate accounting while working alongside experienced professionals in a collaborative environment. You’ll gain exposure to a wide range of accounting functions across a vertically integrated real estate platform, offering valuable experience and long-term career growth.