Accounting Manager

Omninet Capital • Beverly Hills, CA

5h • $120,000 - $135,000 • Onsite

About The Position

The Accounting Manager will be responsible for managing all duties related to commercial loan covenants, assisting with annual budgeting, cash projection management, tax management support, and month-end close support. This role requires a strong understanding of accounting principles and experience with accounting systems.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• Minimum of five years of progressive commercial property accounting experience, including loan covenant compliance, cash projections analysis and construction accounting knowledge
• Strong working knowledge of GAAP and financial review experience
• Demonstrated strong analytical thinking and skills
• Advanced proficiency in Microsoft Excel and experience with accounting/ERP systems (e.g., Yardi, MRI, or comparable)

Responsibilities

• Manage all duties related to commercial loan covenants, including lender reporting, debt service payments, loan draws, DSCR calculations, trigger events, cure conditions, waterfall fundings, and Yardi mortgage module updates.
• Assist the Controller with the annual budgeting process, including portfolio-wide analysis and ensuring Yardi budgets are consistent with five-year models.
• Assist the Controller in managing cash projections, tracking project costs, and conducting cash projection analysis for various departments.
• Assist the Controller with tax management duties, including monitoring tax compliance and assisting with tax implications analysis for real estate transactions.
• Assist the Controller in managing the month-end close process, including reviewing budget variance reports, loan amortization schedules, and quarterly distribution reviews.
• Assist with the annual review and analysis of capital expenditure and tenant improvement projects under Tangible Property Regulations for tax purposes.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager