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Supervising Senior Accountant, Properties

4 months ago

Newport Beach, United States CapRock Partners Management Inc Full time
Job DescriptionJob DescriptionPositionAs the Accounting Supervisor within our Property Accounting team, you will play a critical role in steering the financial management and reporting for a portfolio of operating properties. This pivotal position encompasses a wide range of responsibilities, from crafting comprehensive financial reports for various stakeholders to ensuring compliance with tax regulations and overseeing the annual audit process. Your expertise will directly contribute to the financial health and transparency of our property operations, impacting investor relations, internal management decisions, and lender communications.   This position will oversee 1-3 direct reports and will report to the Accounting Manager, VP Property Accounting.Essential Job Functions
  • Financial Reporting and Analysis: Take charge of the full spectrum of financial reporting, ensuring accurate and timely delivery of investor reports (as needed), detailed internal management reports, and lender-required documents. Your analytical skills will be vital in interpreting financial data, identifying trends, and providing insights to support strategic decisions.
  • Tax Compliance and Auditing: Collaborate closely with external consultants to ensure strict adherence to tax laws and regulations, effectively minimizing liabilities and risks. You will oversee the completion of the annual audit, demonstrating meticulous attention to detail and a strong understanding of accounting principles.
  • Ad Hoc Reporting and Financial Analysis: Beyond routine reporting, you will engage in specialized projects that require in-depth financial analysis. This includes, but is not limited to, managing cash and liquidity assessments, CAM recoveries, forecasting revenue streams, and conducting variance analyses between forecasts and actual financial performance.
  • Collaborative Team Leadership: While focusing on financial stewardship, you'll also nurture a culture of collaboration and continuous improvement within your team. Your leadership will guide your team through complex analyses and reporting tasks, ensuring both accuracy and efficiency in all endeavors.
Our ideal Candidate – Education and Experience        
  • Bachelor's degree (B.S., B.A.) or equivalent
  • 5 years of real estate accounting experience including 2 years of supervisory experience
  • Mastery of Yardi general ledger accounting software
  • Strong analytical and critical thinking skills
  • Experience in the real estate industry
Benefits
  • Highly competitive base salary
  • Yearly bonuses on the overall success of the company and additionally your individual contributions
  • An Impressive, 100% employer-paid medical PPO, dental, and vision coverage for employee and eligible dependents
  • 15 days PTO  (three weeks)
  • 10 paid holidays
  • A fun, collaborative, and team-based environment
  • Quarterly birthday lunches and other department and company-wide team bonding events
  • An abundance of snacks, fruit, coffee, and tea all day every day
Who are we?

CapRock is one of the leading industrial investors and developers in the Western & Central United States. We specialize in acquiring middle-market value-add industrial properties and developing large-scale Class A logistics developments in the Western & Central U.S. Since 2009, CapRock has acquired, developed, or entitled more than 30 million square feet of industrial real estate through a series of institutional funds.  CapRock’s investors include domestic pensions, college endowments, global sovereign wealth funds, hospital systems & family offices.  What do we do?Do you have a fun, fast‐paced, creative problem‐solving, get‐it‐done mindset of an entrepreneur? Do you take pride in your work striving for the highest levels of quality and excellence, but don’t take yourself too seriously? If so, you'll love being on our team. Our goal as a company is to provide our investors with institutional quality with an entrepreneurial spirit. That goal extends to our finance and accounting team as we strive to deliver best‐in‐class high‐quality reporting and analysis for investors, external counterparties, regulators, and management decision making. Our team works with the Company’s teams as a business partner rather than a back‐ office function.What do we value?We take our values seriously, do these values inspire you? If so, you’ll love working here:
  • PEOPLE before projects
  • Strive for EXCELLENCE
  • FIDUCIARY responsibility is a sacred trust
  • INTEGRITY always
  • BLESSED to be a blessing
  • Industrial real estate is a TEAM SPORT
  • NO is not an answer

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