Senior Property Accountant

Based out of Newport Beach, CA, we are a privately-held, growth-oriented Commercial Real Estate Development and Investment Firm seeking an experienced Senior Property Accountant due to a recent internal promotion.

Essential Duties and Responsibilities include the following:

Accounting / Reporting

Prepare monthly financial statement and analysis in accordance with GAAP
Prepare monthly and quarterly variance reports
Prepare lender reporting packages
Prepare monthly bank reconciliations
Record monthly adjusting and accrual entries (including construction and retention)
Update fixed asset system for additions and disposals and record monthly depreciation/amortization
Run monthly depreciation and record entries
Review Construction in Progress schedule
Prepare loan draws for construction loan
Monitor cash balances
Work with Asset Management and Property Management teams on other operational reporting initiatives, as necessary
Assist in the annual audit and tax return preparation
Assist in annual budget preparation
Straight line schedule
Utility billbacks
CAM reconciliations

Accounts Receivable

Record tenant receipts against monthly charges
Process monthly tenant billings and other miscellaneous billbacks
Rent-up generation
Monitor tenant accounts for overages/shortages and past due amounts
Send monthly invoices/statements to tenants
Review lease entries in Yardi

Accounts Payable

Review and code invoices in Payscan
Process Pay Apps and ensure all supporting documentation is provided
Record electronic payments
Process weekly check runs, both manual and integrated
Review and post accounts payable
Create TBA for billbacks initiated by invoices


Education / Experience

• Bachelor's degree in accounting
• CPA designation, a plus
• 3-5+ years of real estate accounting experience
• Yardi GL experience a plus
• Application Skills: Accounting - Yardi; Microsoft 365 - Excel (advanced), Word, Outlook, PowerPoint, Teams