We are looking for a Property Accountant to support accounting operations for a portfolio of commercial and development properties in Century City, California. This role is responsible for producing reliable financial information, maintaining strong accounting controls, and helping ensure an efficient close process each month and quarter. The position works closely with property management, lease administration, and finance leadership to deliver accurate reporting and meaningful analysis that supports business decisions.
Responsibilities:
- Prepare and record accounting entries related to fixed assets, accruals, prepaid expenses, deferred rent, and other balance sheet activity.
- Coordinate monthly and quarterly closing activities by completing reconciliations, reviewing account balances, and helping issue timely financial statements.
- Analyze property financial results by reviewing ledgers, receivables, rent activity, and supporting reports to identify unusual trends, risks, and performance gaps.
- Maintain compliance with established accounting policies and standards while strengthening documentation practices and internal financial controls.
- Monitor the accuracy of property accounting data within systems such as Yardi or similar platforms, including general ledger structures, charge allocations, and reporting outputs.
- Support the Accounting Manager with day-to-day accounting operations, ad hoc financial initiatives, and implementation-related projects when needed.
- Partner with property managers, lease administration, and cross-functional teams to ensure accurate cost tracking and property-level reporting.
- Recommend and implement process improvements, including automation opportunities, to increase efficiency and reduce reporting errors.
- Provide schedules, documentation, and analysis required for internal and external audit requests.
- Bachelor’s degree in Accounting, Finance, or a related discipline.
- At least 5 years of accounting experience, including 2 to 3 years in property accounting or real estate accounting.
- Working knowledge of both accrual-basis and cash-basis accounting practices.
- Strong understanding of general ledger activity, reconciliations, and month-end close procedures.
- Experience using commercial property accounting systems such as Yardi, MRI, or comparable software.
- Advanced proficiency in Excel and solid working knowledge of Microsoft Office applications.
- Ability to manage multiple deadlines and priorities in a fast-paced environment while maintaining accuracy.
- Familiarity with property accounting concepts, financial reporting, and operating expense recovery processes.