Senior Accountant SUMMARY: Multifamily real estate private equity investment firm with Corporate Office located in West Los Angeles is looking for a Senior Accountant.
This is an exciting opportunity to join an entrepreneurial organization.
The Senior Accountant will report to and work closely with the Controller and others in the organization in analysis and reconciliation of accounts.
Job Requirements:DUTIES AND RESPONSIBILTIES: o Corporate Level
· Hands-on involvement in full cycle accounting process including AR/AP, journal entries, month-end close, and preparation of financial statements within established schedules
· Perform balance sheet account reconciliations including verification of intercompany due to/due from accounts.
· Monitor cash balances, prepare weekly and monthly cash schedules and verify distributions have been received and properly recorded
· Process vendor invoices, check requests, expense reports, and perform Corporate credit card reconciliation, and prepare bill-backs to properties as required
· Involve in implementation of CRM System
· Other duties as assigned o Property Level
· Review property level cashflow reports and preferred interest schedules and work closely with asset management company
· Process quarterly distributions to investors
· Complete upper tier entities’ financials for external CPA
· Analysis and reconcile investor investment accounts – both contributions and distributions
· Review refi and sales waterfall schedules and verify accuracy on balance sheet items such as operating cash-on-hand, capex, and escrow reserves
· Review escrow statements to verify accuracy of loan payoff amounts, prorations, and ensure corporate entities are reimbursed for deal related expenses QUALIFICATIONS:
· Bachelor’s Degree in Accounting or Finance from an accredited university is required
· Four plus years of progressive accounting experience as a senior accountant
· Experience in real estate industry a MUST
· Strong analytical and communication skills
· Goal and deadline oriented.
Ability to independently organize and prioritize workload within a fast-paced environment with commitment to meeting deadlines