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Thriving commercial real estate investment firm is seeking a Senior Accountant – Real Estate Development at their headquarters in Los Angeles, CA. The incumbent will be a highly skilled individual with strong accounting background who enjoys working in a dynamic, fast-paced, and collaborative team-centric environment.
Will handle a number of responsibilities in the areas of accounting, project support, and a variety of administrative duties consisting of, but not limited to, the following:
- Reconcile monthly historical construction spending.
- Analyze spend projections provided by the regional project managers.
- Analyze and review initial project funding requests and budget updates.
- Collaborate on enhancements for project management software.
- Prepare real estate basis analytics in conjunction with yield on cost calculations.
- Support Accounting Manager by preparing various ad hoc reports for active development, redevelopment, and tenant improvement projects.
- Prepare monthly and quarterly real estate development pipeline reports.
- Prepare supporting analytics for SEC disclosures.
- Review and provide support to tie out supplemental and 10-Q/10-K packages.
- Actively participate in Real Estate Development Team process improvement initiatives.
- Produce monthly real estate development loan draw packages and submit them to lenders and/or joint venture partners.
- Analyze and maintain the job cost subledger, including processing and recording journal entries for job cost allocations, accruals, capitalization, and transfers to fixed assets.
- Reconcile and track additional or excess tenant improvements to bill to tenants.
- Provide support for a variety of special projects, including external and internal audit requests and ad hoc reports for management review.
Qualifications and Experience:
- Bachelor's degree in Accounting, Finance, or Business Administration required.
- CPA preferred.
- 2+ years of accounting experience required.
- Public accounting experience preferred.
- Technical accounting research skills desirable.
- Public commercial real estate experience or general contractor experience preferred.
- Detail-oriented, strong analytical and communications skills preferred.
- Proficiency in business-related software: Microsoft Excel, Word, Outlook, and Teams.
- JD Edwards accounting software and Unifier project management software experience desirable.
- Experience working in a large team environment and collaboration across many groups preferred.
