Property Accountant I

4 months ago

Los Angeles, United States Avison Young Full time

Our Story:

Avison Young is a global commercial real estate brokerage and advisory firm, offering transaction, management, financial and consulting services. Weve designed our corporate structure to best serve our clients by enhancing collaboration across our organization.

At Avison Young, we are committed to providing a comprehensive suite of commercial real estate services to our clients while fostering a supportive and inclusive workplace culture for our employees. Our collaborative approach and emphasis on personal and professional growth create an environment where individuals can thrive. Real estate can have a significant positive impact on peoples lives and were in the business of making spaces and places work better for people. Our purpose is to create real economic, social and environmental value as a global real estate advisor, powered by people.

If you're looking for career opportunities where you can excel and contribute to a strong company culture, we want to hear from you. Join our highly motivated team and take pride in your work as we create a better future together.

Overview:

General purpose of this job is to prepare timely financial statements ensuring all schedules and reports accurately reflect the financial activity for each entity. The individual will adhere to established policies and procedures ensuring appropriate internal controls. Additional responsibilities include participation in accounting training, plus the coordination of client requests and monthly financial statements.

The base salary is aligned with market data and is estimated between $72,000 to $80,000 with the ability to achieve additional compensation through bonus. This salary range reflects base compensation for the position across all US locations. Within this range, individual pay is determined by work location and other factors including relevant education/training, experience, and internal equity.

Responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES
(Other duties may be assigned)

  • The Property Accountant may:
  • Responsible for accurate input of data provided by Property Managers
  • Review all leases and related accounting lease abstract forms
  • Review and approve AR including billing adjustments, security deposit refunds, etc.
  • Review and approve AP vendor invoices for property number, coding, description and approvals
  • Review rental edits (scheduled charges)
  • Review and input budgets
  • Review and approve CAM/Escalation reconciliations and related billing adjustments
  • Prepare bank reconciliations
  • Prepare banking forms as needed (or requested by Vice President Finance) Stop Payment Requests, Bank Request Form for banking issues or discrepancies, etc.
  • Responsible for ensuring monthly mortgage, land lease, or other recurring monthly payments are processed timely avoiding any penalties for late payment.
  • Prepare sales & use tax form(s) and related back up schedule(s) to ensure the accurate and timely payment of amounts due
  • Review business license/tax for accuracy and process payment timely
  • Prepare financial statements mostly cash basis with occasional accrual, if appropriate
  • Prepare and enter journal entries standard, recurring, reversing, adjusting, reclassing, prepaid rent, accruals, etc.
  • Responsible for accurate and timely monthly financial statements
  • Approve (initial & date) weekly cash requirements and attach a cash balance report to show monies are available
  • Prepare wire transfers to move monies as needed
  • Prepare funding requests as needed for capital or operating
  • Prepare owner distributions as needed
  • Prepare secondary excel or word reporting schedules for (but not limited to) depreciation, amortization, security deposits, loan schedules and balance sheet schedules
  • Prepare and process monthly fees due including management fees, asset management fees, TI or construction fees, etc.
  • Reconcile balance sheet accounts monthly
  • Prepare audit packages for auditors and controllers
  • Print and review AR aging with property manager weekly
  • Review rent roll monthly with property manager
  • Follow and adhere to Avison Young and client policies and procedures
  • Process and complete special projects as requested by Vice President Finance, accounting manager, client, or property manager
  • Assist in the review, analysis and collection of Avison Young corporate accounts receivable including but not limited to:
  • Payroll Reimbursements
    Management Fees
    Lease Commissions
    Construction Supervision Fees
  • Prepare and submit to supervisor a written action plan for desk coverage during absences. This would include both vacation and personal time off coverage.

Qualifications:
  • University degree or college diploma in an accounting related field of study
  • Minimum of 2+ years of commercial real estate experience
  • Minimum of 3+ years of full cycle accounting
  • Minimum of 1+ years of financial reporting
  • Can work in a fast paced, deadline driven environment and cope with changing priorities
  • Good communication skills verbal and written with the ability to collaborate and build relationships
  • Solid understanding of accounting principles and practices
  • Highly proficient in Microsoft office with an emphasis on Excel
  • Strong technical skills
  • Detailed oriented and strong organizational skills
  • Self-motivated with a positive attitude
  • Yardi Voyager experience is an asset


Workplace Type:
Hybrid

Our Equal Opportunity Commitment:

Our Equal Opportunity Commitment

Avison Young is proud to be an equal opportunity employer, committed to promoting diversity and inclusivity within our workforce. Our non-discrimination policy ensures that all individuals are treated equally, regardless of race, gender, religion, sexual orientation, or disability. We believe in fostering a positive and inclusive work environment that values accessibility and fair recruitment practices for all employees. We hope you will join us in committing to create a workplace that is fair, equitable, and welcoming to all.


Benefits offered to full time W2 employees:

Traditional and Roth 401k with generous employer match and immediate vesting
12 weeks of Paid Parental Leave after one year of tenure
Medical, Dental, Vision Insurance
Company paid Life and AD&D Insurance
Company paid Short & Long-Term Disability
Voluntary Critical Illness and Accident Coverage
Healthcare, Dependent Care, Commuter & Transit Pre-Tax Benefits
Wellness program
Employee Assistance Program (EAP)

Work-Life Balance:


Competitive paid vacation days
2 personal/wellness days
Paid holidays plus 2 floating holidays
Annual volunteer day for Day of Giving

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