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We are looking for an experienced Property Accountant to oversee financial operations for commercial properties in Newport Beach, California. This role involves managing financial reporting, audits, budgeting, and compliance while ensuring accurate and timely accounting processes. The ideal candidate will possess strong analytical abilities and a thorough understanding of property management accounting.
Job Responsibility:
Prepare and analyze monthly and annual financial reports, ensuring accuracy and compliance
Manage cash flow and oversee day-to-day financial transactions for assigned commercial properties
Complete month-end journal entries, including accruals and depreciation, and generate required reports
Conduct detailed financial variance analyses and present findings to management
Collaborate with property management teams to provide training and support on accounting procedures
Review and manage accounts payable and receivable, resolving discrepancies and ensuring timely payments
Facilitate year-end audit processes by preparing audit packets and addressing auditor requests
Work closely with management teams to develop and upload annual budgets
Submit monthly compliance reports and ensure adherence to relevant regulations
Maintain organized financial records, including invoices, vendor information, and payment processing documentation
Requirements:
Bachelor’s degree in Accounting, Finance, or a related field
Minimum of five years of property management accounting experience
Proficiency in financial statement preparation, budgeting, and audit processes
Advanced skills in Excel and familiarity with property management accounting software
Strong knowledge of accrual accounting principles and relevant tax laws
Excellent analytical and problem-solving abilities
Effective communication and interpersonal skills to collaborate with diverse teams
Ability to manage multiple priorities and meet deadlines in a fast-paced environment