Position : Senior Accountant
Holidays : US or PH Holidays
Salary Range : USD 1000-2000/month
Working Hours : M-F, 9AM to 5PM PST, but also flexible with the 9am – 5pm EST time (overlap 4-5 hours)
About the Company
The company is a specialized real estate private equity firm focused on acquiring, enhancing and operating value-add multifamily properties in growing U.S. markets.
About you
We are seeking a dedicated team player eager to dive into the intricacies of our operations. The ideal candidate possesses a strong work ethic paired with an unwavering desire to achieve success. Your organizational skills are impeccable, coupled with a keen eye for detail and a proactive, solution-oriented mindset. Experience within both public and private company sectors is highly valued in this role. Additionally, familiarity with fair value accounting concepts, particularly as they pertain to the real estate industry, will be instrumental in your success with us.
Main Responsibilities
Accounting and Reporting
- Work closely with outside property management companies to ensure timely and accurate flow of financial information.
- Review monthly property reports prepared by outside property management companies.
- Map, upload, and reconcile monthly financial property data to MRI accounting system.
- Coordinate with the property management companies and lenders on reimbursement requests, funding requirements and any other requests.
- Assist with the preparation and analysis of financial statements for corporate and real estate entities, including monthly financial close, account balance reconciliations, lead schedule preparation, compile footnote support, and all other schedules requested by audit and tax teams.
- Update capex activity for quarterly property reimbursements.
- Prepare and post journal entities into the financial system.
- Assist with acquisition and disposition process as needed by the team, including but not limited to proration review, closing entry preparation, etc.
- Assist with various investor entity level bank reconciliations.
- Assist with calculating and preparing invoices for various fees related to the properties.
- Assist with compiling backup support and files for the wire and payment support.
Corporate
- Process corporate billings, invoices, and credit card charges.
- Prepare and process staff expense reports, as needed.
- Prepare special reports for Principals, as needed.
- Ensure quality control over financial transactions and financial reporting.
- Reconcile all bank accounts monthly.
Tax and Entity Maintenance
- Tie out various schedules to tax returns and assist in processing payments for respective properties.
- Prepare year end audit and tax schedules, in collaboration with fund administrators
Tools to use
- Office 365 (Excel, Word, Powerpoint)
- Google Workspace
- Yardi or MRI systems
- Bachelor's Degree in Accounting or a related field is required.
- 2 to 5 years of experience in accounting.
- 2 to 5 years of experience in commercial real estate.
- Proficiency in Microsoft Office applications, including Excel, Word, and PowerPoint.
- Experience with Yardi or MRI systems is preferred.
