Property Accountant

Worthe Real Estate Group is a prominent real estate development, management and investment firm that owns and manages Class A office buildings throughout Los Angeles. We are looking for a Property Accountant with minimum 2 years of experience and a Bachelor's degree to join the team at our beautiful Santa Monica office.

Job Description:  

-Review cash position daily. Ensure accurate recording of cash activity via journal entry and reconciling bank -statements to general ledger accounts.
-Assist Property Managers in researching/reconciling cash receipts.
-Work with Property Managers and Lease Administrators to ensure completeness and accuracy of tenant data in the accounting system.
-Review and post accounts receivable for proper coding and application, which includes invoices to tenants and receipts from tenants.
-Review and post accounts payable for proper coding and approvals, propriety of payments, supporting documents, etc.
-Prepare monthly property management fee calculations.
-Assist with monthly cash vs. budget variance reports and prepare variance explanations.
-Prepare monthly/quarterly cash/accrual basis financial statement reporting packages on a timely basis.
-Prepare year-end audit packages as required by external auditors.
-Prepare escalation calculations.
-Additional accounting projects as needed.

Requirements:

-Degree in Accounting or a related field from an accredited university.
-2+ years of experience in accounting.
-Experience with Yardi and/or MRI is a plus.
-Exposure to Generally Accepted Accounting Principles (GAAP).
-Outstanding organizational skills and attention to detail.
-Ability to manage multiple priorities and meet deadlines.
-Strong computer skills with the ability to learn new software applications.
-Proficiency in Microsoft Word and Excel is required.