Financial Accountant

1 week ago


San Francisco, California, United States RSI Full time
Job Description

RSI is seeking a highly skilled Property Accountant to join our team. As a key member of our accounting team, you will be responsible for communicating financial results to all levels of management, financial closing and reporting of a multiple partnership portfolio, including the analytical review and reconciliation of all entities in the portfolio in compliance with US GAAP.

Key Responsibilities
  • Analyze and interpret financial information, compile, and report data for assigned portfolio of properties
  • Prepare complex account reconciliation and journal entries and perform on-going analytical review in support of the monthly close process
  • Prepare monthly analysis of account variance
  • Ensure all inter-entity transactions are in balance and analyze variances prior to financial reporting close
  • Read and understand compliance and partnership documents, including regulatory and loan agreements as well as the accounting treatment associated with each document
  • Research and document conclusions on accounting issues with appropriate understanding of relevant GAAP pronouncements
  • Participate in meetings to communicate and share accounting and analysis information
  • Prepare annual audit schedules and work with external auditors to complete audited financial statements and tax returns and ensure all are filed within timeline of partnership
  • Review and understand audits and footnotes prepared by external auditors
  • Monitor adherence to audit requirements and ensure full compliance in accordance with regulatory agencies
  • Confirm surplus distributions are correctly calculated and appropriately distributed
  • Presents financial information and appropriately answers accounting questions to management and boards of directors
  • Provides ad-hoc reporting, as requested
Requirements
  • Bachelor's degree in the field of Accounting or Finance, three years of experience in accounting and financial analysis or a combination of education and experience
  • Proficient using Microsoft including Excel, Word, One Drive, and Outlook
  • Strong GAAP knowledge required
  • Experience in accounting for partnerships and related party transactions, preferred
  • Experience using Property Accounting ERP software and working knowledge of leasing and rents - Real Page and OneSite software experience, preferred
  • Strong ability to work independently and understand and explain financial concepts
  • Detailed oriented – must be able to produce work product with a high level of accuracy
  • Highly organized - ability to multi-task, track progress, and balance priorities
  • Must be able to communicate with diverse parties – within the Accounting team and with the Property Management and Asset Management teams

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