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Franklin Professionals

Senior Property Accountant

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Job Description

Job Title:
Senior Property Accountant Location:
Torrance, CA Salary Compensation:
$110k-$125k
Work Location:
On-Site, 5 days per week (local candidates only)
Job Type:
Direct Hire Industry:
Real Estate Company Size:
$1-4B of assets under management Keys to
Job:
Must have Yardi experience to be considered. 5+ years or more property/real estate accounting required - ideally residential and commercial exp. CPA a big plus but not a must. Must have a BS or BA in Accounting or Finance to be considered. CAM Reconciliations a must, Financial Statements a must, Real Estate investment experience is a big plus. Must be fluent in large company ERP systems, custom report building, Advanced Excel. Fund administrator coordination preferred. Must be local and on-site 5 days/week.
Best fit:
hands-on property accountant who can also support corporate GL, consolidations, and investor/fund reporting.
NOTE:
Will consider people straight out of Big 4 CPA firms. Job Description - Senior Property Accountant A real estate investment firm is seeking a Senior Property Accountant for its Torrance office. This is a full-time, on-site role supporting property-level and corporate accounting plus fund administration coordination. You will own full-cycle accounting for 6 multifamily properties and 2 commercial assets, including CAM reconciliations and large real estate Yardi system reporting, while also supporting entity-level reporting and working directly with outside fund administrators. Essential Duties & Responsibilities Property Accounting
  • Perform full-cycle accounting for 6 multifamily properties and 2 commercial assets, including monthly close, financial packages, and variance analysis
  • Prepare and review CAM reconciliations, straight-line rent, and security deposit accounting
  • Manage bank reconciliations, cash management, accounts payable, tenant billing, and lease administration Corporate Accounting
  • Support corporate-level general ledger accounting, including intercompany transactions and consolidations
  • Assist with corporate financial statements and management reporting
  • Support entity-level budgeting and forecasting Fund Administration & External Reporting
  • Serve as a key point of contact with outside fund administrators for data exchange, reconciliations, and reporting
  • Prepare supporting schedules and workpapers for fund-level financial statements, investor reporting, and audits
  • Assist with lender reporting packages and covenant compliance documentation Systems & Process
  • Maintain investor/portfolio data in the large real estate ERP system (IM) portal
  • Build and maintain custom reports in Yardi Voyager (not just existing templates) for management, investor, and lender reporting
  • Manage vendor compliance workflows in large real estate ERP system, including exceptions and documentation standards
  • Identify opportunities to streamline close and reporting workflows across the portfolio Qualifications
  • Minimum 5 years of accounting experience with a focus on property or real estate accounting; corporate/entity-level exposure a plus
  • Hands-on large real estate ERP system, custom report building, IM portal
  • CAM reconciliation experience required
  • Experience working with outside fund administrators strongly preferred
  • Advanced Excel (pivot tables, lookups, financial modeling) required
  • Bachelor's degree in Accounting, Finance, or related field required; CPA a plus
  • Must be local and able to work on-site 5 days per week