Senior Property Accountant

About the role

Our client is the largest publicly-held developer and owner of top rated office properties in the United States. It's a fully integrated REIT that acquires, develops, and manages high-quality office, life science, and mixed-use properties in vibrant economic centers, earning revenue primarily through long-term leases with corporate, institutional, and government tenants. The company has a need in their San Francisco office for a Senior Property Accountant. The selected candidate will manage, audit and analyze as well as serve as the financial expert and primary facilitator of all financial matters for assigned properties.

Responsibilities

• Responsible for the quarterly close process, including preparing supporting schedules and generating reports for audit binders.
• Oversee client accounts to ensure they are billed correctly each month for all rental and additional charges per their lease and investigate and resolve all discrepancies.
• Analyze and prepare quarterly tax and GAAP financial statements, including all supporting schedules as scheduled.
• Present formal revenue and expense variance explanations in the vetting tool on a quarterly basis in conjunction with property management.
• Perform analysis and develop financial reports and related schedules in accordance with lender and/or third party requirements.
• Analyze and prepare client operating and real estate tax escalations for assigned properties monthly payment and annual true-up.
• Audit accuracy of various databases, such as Lease Tracking, Loan Summary, Rent Roll, and Lease Abstract, for assigned portfolio.
• Communicate with property management to assist with preparation of portfolio annual budgets and quarterly re-forecasts.
• Work with Lease Administration, Accounts Receivable, Accounts Payable, Tax, Finance and Legal Departments to obtain necessary information for the completion of financial statements.
• Perform required analysis and develop external reports for compliance with all agreements (sales & use returns, I&E forms etc.).
• Audit and prepare reconciliation of all accounts (i.e. work orders, etc.).
• Examine and comprehend all management, development, joint venture agreements and mortgage documents for assigned properties.
• Analyze and prepare depreciation on a monthly basis.
• Provide VP, Regional Controllers and all other personnel with the highest level of service.
• Manage, analyze and interpret leases; enter all required information into Expense Participation work with financial reporting in regards to complex transactions.
• Compile supporting documentation for client audits.

Reporting Structure

This position reports directly to the Senior Manager and VP, Regional Controller.

Qualifications

• BA/BS degree in Business Administration or Accounting required.
• A minimum of 1 to 3 years of accounting experience required. A minimum of 3-5 years of experience strongly preferred.
• Previous accounting experience in commercial real estate settings or related industries preferred.
• Strong computer skills with proficiency in MS Excel required.
• Proven organizational skills with ability to set priorities, manage multiple projects and meet deadlines.
• Self-starter capable of finding solutions with minimal supervision.
• Ability to interact with co-workers, clients, or vendors in an articulate, courteous, and professional manner at all times.
• Leadership abilities.
• Ability to work under pressure, multitask and work independently, as well as part of a team.
• Adaptability to changing demands.
• Effective problem solving skills.
• Excellent communication skills, both written and oral, as well as interpersonal skills.
• Knowledge of JD Edwards accounting software desirable.

Pay

• Base Salary Range: $100,000-$115,000
• Bonus Potential: up to 10%

Benefits

• Medical and dental coverage
• Retirement savings plan with competitive company match
• Backup childcare
• Educational assistance
• Employee support programs
• Generous commuter transit subsidy

Schedule

Individuals can select six (6) days a month to work from home subject to manager approval.