Director, Corporate Accounting
Job
Caruso
Los Angeles, CA (In Person)
$142,500 Salary, Full-Time
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Job Description
The Corporate Accounting Director is responsible for the accounting activities for the Management Company, allocation of expenses across the across properties, entities, and business lines, and accounting for intercompany and equity accounting. Furthermore, this role leads the coordination and distribution of all periodic financial reports, ensuring their compliance with the company's regulations, professional standards, and GAAP reporting guidelines.
ESSENTIAL FUNCTIONS
Corporate & Management Company Accounting Oversee full-cycle accounting for the management company and related corporate entities. Manage monthly, quarterly, and annual close processes, including preparation and review of journal entries, reconciliations, and financial statements. Maintain the general ledger and ensure financial records are complete and accurate in accordance with GAAP. Prepare internal financial reporting packages and variance analyses for management. Ensure timely and accurate recording of management fees, reimbursements, and corporate expenses. Corporate Allocations Manage corporate allocation processes across properties, entities, and business lines. Ensure allocations are prepared accurately and consistently in accordance with company methodologies. Review and improve allocation models and supporting documentation. Coordinate with operations and finance teams regarding allocation updates and reporting impacts. Technical Accounting, Debt Compliance & Reporting Prepare and review lender reporting packages and debt compliance calculations. Monitor covenant compliance and reporting deadlines across financing agreements. Coordinate annual audits and prepare supporting schedules and documentation. Research, analyze, and document accounting treatment for non-routine and complex transactions. Accounting Systems Serve as the company's primary point person for Yardi systems administration, including provisioning of new users, maintaining appropriate user permissions, and general user support with the internal accounting team. Serve as the primary liaison for accounting systems, including coordination with IT, system administrators, and third-party vendors. Assist with system implementations, upgrades, integrations, and testing related to accounting and financial reporting platforms.MINIMUM REQUIRED QUALIFICATIONS
Bachelor's degree in Accounting or Finance required. CPA preferred. 7+ years of progressive accounting experience, preferably within real estate or multi-entity organizations. Strong understanding of GAAP and corporate accounting principles. Experience managing full-cycle accounting for a corporate or management company environment. Experience with technical accounting research, accounting memorandums, and non-routine transactions. Strong Excel and Yardi/accounting system experience. In-depth understanding and technical expertise in accounting standards, procedures, and policies $120,000 - $165,000 a year Caruso is an equal opportunity employer. We celebrate a diverse and inclusive workforce that reflects the communities we serve. We believe that diversity of thought, background, and experience makes us stronger and more innovative. We do not discriminate against any employee or applicant for employment and comply with all applicable laws providing equal employment opportunities. We foster a workplace where everyone feels welcome, respected, and valued. We are committed to creating a workplace where everyone can thrive. We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.Similar jobs in Los Angeles, CA
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