Real Estate Financial Manager

4 days ago


Newport Beach, California, United States CapRock Partners Management Inc Full time
Senior Real Estate Accounting Position Available

We are seeking a highly skilled Property Accountant to join our team in Newport Beach, CA. This role offers a unique opportunity for a seasoned accounting professional to take ownership of a diverse portfolio and drive the timely, accurate reporting of operational assets.

Responsibilities
- Oversee the work of our outsourced accounting firm to ensure accuracy and compliance with company standards.
- Review and approve financial reports, journal entries, and invoices to maintain accurate records.
- Prepare loan draws and lender required reporting for properties.
- Lead the monthly financial close process, aiming to complete by the 10th business day.
- Optimize financial statement close processes and enhance the effectiveness of third-party accounting functions.
- Foster collaboration with the Property Management team to ensure alignment between financial data and operational activities.
- Utilize Yardi for financial reporting, journal entries, and review processes, maintaining data integrity across systems.

Requirements
- Bachelor's degree in Accounting, Finance, or a related field; CPA preferred but not required.
- At least 5 years of experience in real estate accounting, preferably in commercial, industrial, or office real estate.
- Proficiency in Yardi is mandatory.
- Proven ability to manage a monthly close process independently, ensuring timely completion and accuracy.
- Strong analytical and problem-solving skills, along with excellent attention to detail.
- Effective cross-functional communication skills, with the ability to work well with external and internal stakeholders, particularly within Property Management.

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