Publicly traded REIT seeks a Senior Accountant to join their Los Angeles team.
This is a hands-on role that will require detail involvement in US GAAP accounting and in the financial closing process.
The Senior Investment Accountant will provide the general day-to-day maintenance relating to the Loan and real estate portfolios general accounting practices, internal controls and financial analysis and reporting.This individual will play an important part in implementing ongoing procedural changes and automation initiatives in a fast-paced environment characterized by strict adherence to tight deadlines and dedication to quality control in all aspects of the process.
Responsibilities:
Prepare month-end close journal entries, trial balances and financials.
Review and maintain the accounting function for loan portfolios, including real estate owned properties
Review cash flows and assess quarterly impairments for loans and real estate
Prepare and review monthly custodian reports and debt service requirements
Prepare accretion calculations, monthly accruals, monthly and quarterly reporting and cash projections.
Prepare quarterly and annual stand-alone financial statements.
Prepare supporting schedules and compile information for SEC reporting; assist with 10-K/10-Q tie out
Prepare contribution, distribution, and loan draw
Coordinate with internal and external auditors
Calculate capital calls and distributions
Qualifications:
3-5 years of progressive US GAAP accounting experience
CPA preferred and knowledgeable in US GAAP/historical cost accounting
Experience in accounting for mortgage and/or commercial loan assets preferred; including interest accrual
Intermediate understanding of financial modeling and concepts, including yields, DCF, cap rates, IRRs, etc.
Proficiency in MS Office
Positive, ability to work effectively under pressure
Strong analytical, operational, organizational and interpersonal aptitude
Excellent oral and written communication skills
Must be willing to work in a fast-paced environment and possess a strong work ethic with the ability to work extended hours during critical periods and to meet project deadlines