Controller / Senior Property Accountant
7 days ago
Sharp Capital is a real-estate investment and asset management firm based in Beverly Hills. We acquire, reposition, and manage office, retail, and mixed-use assets across California and beyond.
The Role
We're hiring a Controller / Senior Property Accountant with 5+ years of real-estate accounting experience to own full-cycle accounting for a portfolio of properties and entities. You'll drive monthly close, lender/investor reporting, cash management, and partner tax support while tightening processes as we scale.
What You'll Do
- Full-cycle accounting for multiple entities (propcos, holdcos, JVs, and management entities).
- General ledger management: review balances, prepare/approve journal entries, and maintain chart of accounts.
- Close: lead monthly and annual closes; prepare monthly, quarterly, and annual financial statements (GAAP) for internal use, lenders, and investors.
- Cash management: prepare monthly cash flow reports, manage payables/receivables, and recommend intercompany transfers.
- Banking & reconciliations: monthly bank and credit card reconciliations; covenant & debt-service tracking.
- Tenant accounting: issue rent statements, post deposits, apply cash and prepaids; process tenant account adjustments, CAM estimates & annual reconciliations.
- Fixed assets: calculate and record depreciation/amortization for FF&E, TI, leasing commissions.
- Budgets & forecasts: assist with annual property/portfolio budgets and reforecasts.
- Reporting & compliance: assemble lender reporting packages; support refinancings, escrows, and onboarding of new acquisitions.
- Tax support: compile year-end financials for outside CPA; coordinate partner schedules; issue K-1s; handle annual 1099s and business tax renewals.
- Payments: process mortgage, distributions, management fees, payroll funding, and operating disbursements.
- Projects: streamline processes, implement controls, and tackle special projects as assigned.
What You Bring
- 5+ years of real-estate accounting experience (required); mix of property accounting and consolidated/portfolio work strongly preferred.
- Strong command of GAAP, property-level accounting, and CAM mechanics (estimates, true-ups, gross-ups).
- Hands-on with multi-entity consolidations, intercompany, and equity/partner waterfalls at a working level.
- Tooling: proficiency with Yardi and/or similar (preferred) and Excel (index/match, pivots).
- Track record of owning month-end close and delivering clean, on-time reporting.
- Organized, detail-driven, and comfortable in a fast-moving, entrepreneurial environment.
Nice to Have
- Experience with office/retail assets, ground leases, capital projects, and draw processes.
- Exposure to lender covenants, DSCR/debt-yield tracking, and transaction diligence.
- CPA, CMA, or public-accounting foundation.
Job Type: Full-time
Pay: $115, $150,000.00 per year
Benefits:
- Health insurance
- Paid time off
Experience:
- Real Estate/Property Accounting: 4 years (Required)
Work Location: In person
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