Real Estate Accountant

Terra-Gen Operating Company LLCSan Diego, CA
$81,000 - $87,000

About The Position

Overview of Position: This is an outstanding opportunity for a career-oriented accountant to join the Terra-Gen Real Estate Development team. This position will report to the VP of Real Estate Development and actively partner with contract administration, project accounting and corporate accounting. Primary responsibilities include tracking, paying, and accounting for all ongoing payments for over 1,500 land leases across the country.

Requirements

  • Able to complete work to deadline with little direct supervision.
  • Excellent attention to detail
  • Interest in and ability to create new processes to streamline the land lease accounting process (payments)

Nice To Haves

  • PREFER a Bachelor’s degree in accounting, finance, or other related fields OR equivalent combination of education and experience.

Responsibilities

  • Land Lease Payment Tracking: Responsible for creating a schedule of lease payments for over 1,500 land leases with over 1,200 different landowners. This is critical and highly visible because if an annual lease payment is missed by the company the landlord can cancel the lease agreement and give the lease to a competing company to develop renewable energy assets. The Accountant would be working closes with corporate Accounts Payable to approve and send out payments.
  • Property Tax Payments: Many of the lease agreement require Terra-Gen to pay the property taxes on the land parcels. The Accountant will be responsible for creating and maintaining a schedule of property tax payments and ensuring the payments are made on time. This person would interface with corporate accounting for any tax compliance or journal entry support.
  • Purchase Order Approval and Monitoring: It is common for the Land Development division to hire consultants for perform specific projects on the land parcels (i.e. utility mapping, environmental compliance, etc.). There is a Purchase Order generate once their consulting agreements are approved. Then the consultants send in invoices to corporate AP or the Land Department for payment. This Accountant will be responsible for tracking all active POs and will be monitoring where the total spend is compared to the PO limit. If a change order needs to be submitted by the consulting firm, this Accountant will work directly with them and the AP team to get that done.
  • Tracking and organization of pertinent deadlines and ensuring conditions described on contracts are met (e.g., payments and insurance requirements)
  • Verify that escrow entries and wire requests are accurate.
  • Maintain an organized system of physical and electronic records.
  • Prepare and provide land agreement status reports.
  • Must be able to collaborate with team members and work individually as needed.

Benefits

  • Terra-Gen provides a comprehensive benefits package that promotes employee ownership, employee health, performance, and success, which includes medical, dental, vision, short and long-term disability, life insurance, an employee assistance program, paid time off, paid holidays, and 401(k) retirement savings plan with employer match.
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