Property Accountant (Temporary)

Hudson Pacific Properties•Los Angeles, CA

12d•Onsite

About The Position

The Property Accountant is responsible for overseeing the financial reporting and accounting activities for an assigned portfolio of properties. This role works closely with property management teams to ensure financial information is accurate, timely, and prepared in accordance with Generally Accepted Accounting Principles. The Property Accountant develops a strong understanding of property operations and serves as a key accounting partner by providing clear communication, financial insight, and support that helps property teams make informed business decisions.

Requirements

Bachelor's degree in Finance, Accounting, or Business Administration preferred
Minimum 2-3 years of general accounting experience required
Real estate experience required
A good understanding of accounting principles and processes
Strong computer skills, including Microsoft Office with a high level of ability with Excel functions, shortcuts, and formulas.
Strong focus on customer interaction and satisfaction; ability to maintain and establish effective relationships with internal and external customers
Strong written and verbal communication skills to write memos and reports, and interact verbally with internal and external clients
Strong organizational and research skills, solid attention to detail, high accuracy, problem solving, and decision-making
Desire to grow and develop both professionally and personally
Proactive stance toward learning, workload completion, best practices, and communication
Team player, with a collaborative approach
Nimble learner who will be able to take on a property portfolio with minimal supervision

Responsibilities

Prepare monthly financial statements, reports, and records by collecting, analyzing, and summarizing account information
Research and answer Property Managers’ questions regarding tenant statements
Reviews and approves work such as tenant credit memos, non-recurring tenant billings and questionable cash receipts for entry by Accounts Receivable Accountant.
Prepares tenant account analysis and reconciliations when tenants dispute charges to their accounts
Reviews documents such as cash receipts, tenant billings, move-outs and lease documentations substantiating business transactions
Review accounts receivable aging for delinquencies, cash applications, and prepaid rent applications
Process tenant refunds and deliver to Accounts Payable department
Prepare Rent Statements and distribute to the property management team to ensure the following month’s recurring charges and past due charges are accurate
Calculate and enter monthly contract item accruals such as janitorial, security, engineering, and utility expenses to match expenses to the period incurred and review the trial balance for reversing of same entries in the next accounting period
Work with the Project Accounting team to ensure depreciation and amortization of fixed assets, tenant improvements, and leasing commissions are recorded correctly
Consult with property staff as to general ledger coding for payables, tenant improvements, cash receipts applications, and budget variances
Ensure all appropriate reviews and approvals are completed before processing data into the accounting system
Prepare balance sheet tie-out to balance the general ledger and sub-ledgers
Reconcile bank accounts to general ledger
Record and maintain straight-line adjustment schedules
Assist with annual CAM reconciliations and the proceeding years' estimated CAM reconciliations
Participate in monthly accounts receivable and variance meetings
Miscellaneous duties as assigned