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We are looking for a detail-oriented Property Accountant to join our client in Studio City, California. In this role, you will manage financial reporting and analysis for a portfolio of commercial and retail properties, ensuring accuracy and compliance with accounting standards. This position offers the opportunity to work on diverse accounting tasks, including reconciliations, journal entries, and budget preparation, while contributing to the overall financial health of the organization. This is will be a hybrid role 2 days WFH.
Job Responsibility:
Prepare and review accurate monthly financial statements for a portfolio of properties
Create and analyze journal entries, including year-end and recurring entries, to ensure proper financial tracking
Handle property tax accruals and prepaid item postings as required
Perform monthly balance sheet reconciliations, including accounts and accrual adjustments
Review and verify invoice documentation and coding to maintain financial accuracy
Generate daily cash reports and oversee cash flow monitoring
Conduct budget variance analyses to identify discrepancies and provide actionable insights
Reconcile monthly bank accounts and ensure timely resolution of discrepancies
Manage journal entries for new acquisitions, sales, refinancing, and post-closing transactions
Assist in the annual budget preparation and review of the chart of accounts for necessary modifications
Requirements:
Bachelor’s degree required, preferably in Accounting
Proficiency in Microsoft Office applications
Experience with Yardi software is a plus
Strong attention to detail and organizational skills
Ability to learn quickly and adapt to new processes
Excellent communication skills for effective collaboration
Proven ability to manage multiple tasks and meet deadlines
Minimum of two years of experience in property accounting or related fields