Senior Property Accountant

The REMM Group•Santa Ana, CA

21d•$85,000

About The Position

The REMM Group, one of Orange County's fastest-growing property management firms, is seeking an experienced Senior Property Accountant to join our team. The ideal candidate must have experience with commercial and multi-family accounting, Yardi knowledge , attention to detail, be organized, and professional. Must be familiar with standard accounting concepts, practices, and procedures of GAAP accounting and have strong knowledge of general ledger. Must be able to prioritize and multitask.

Requirements

Minimum of three (3) years of commercial and multi-family accounting experience.
Must be proficient with Yardi.
Must have a high ability to read, analyze, interpret, and write general business reports, correspondence, and procedures.
Ability to effectively present information and respond to questions from corporate, clients, customers, and the general public.
Must have a high level of attention to detail with an advanced ability to plan, prioritize tasks, and multitask.
Must be familiar with standard accounting concepts, practices, and procedures of GAAP accounting and have strong knowledge of general ledger.
Excellent written and verbal communication skills.

Nice To Haves

Accounting degree preferred.
Prior mutual fund experience is a plus.

Responsibilities

Prepare and post all journal entries including expense accruals, amortization and depreciation, gross potential rent, straight line rents, and all other journal entries necessary to ensure books comply with GAAP.
Prepare and maintain all supporting accounting schedules including management fees, fixed assets, prepaid expenses, miscellaneous deposits, and any other schedules necessary to support financial data and/or client requirements.
Ensure that the final closing escrow statement is received, along with any supporting documentation. Analyze escrow statement and prepare journal entry.
Deposit and post rent checks for all properties.
Prepare and post tenant scheduled charges and adjusting charges.
Calculate and post tenant late fees.
Prepare monthly rent statements.
Verify and enter tenant move-ins and move-outs.
Research tenant history as needed.
Review and reconcile accounts receivable at month end.
Establish tenants and ledger activity utilizing lease abstracts.
Reconcile petty cash funds through PEX system.
Handle 1099 processing.
Run and balance all reports required for complete financial reporting to the client.
Prepare and distribute finalized financial package to clients based on clients' specific due dates.
Prepare schedules and support for annual audits.
Ensure that the approved budget is received and enter budget figures.
Coordinate with CFO on any special client reporting requirements.
Analyze financial data to identify trends and provide insights for strategic decision-making.
Prepare and tie cash reports for the bank account reconciliation process.
Prepare and tie cash reports for the bank account reconciliation process.
Monitor priority payments including insurance, taxes, mortgages, owner distributions, payroll reimbursements, and management fees.
Maintain current cash balance and advise Property Manager of any cash flow deficiencies.
Prepare cash flow projections and forecasts.
Coordinate and monitor the establishment of bank accounts necessary to facilitate the daily accounting functions.
Work with Cash Management to review and maintain sufficient cash balances in assigned entities to achieve all operating and capital contribution goals, forecasts, and expectations
Organize and maintain an efficient filing system to ensure easy and timely access to historical accounting information.
Responsible for Property File Audits during the year. Work with Operations on setting up a schedule throughout the year so that all are completed by October each year.
Perform miscellaneous projects as assigned by senior management.
Assist in creating and maintaining a positive, motivating, and safe work environment.
Accomplish all tasks as assigned or requested and meet agreed deadlines.
Evaluate and implement improvements to accounting systems and processes to enhance efficiency and accuracy.
Assist with interviewing potential candidates for open positions.
Supervise and mentor junior accounting staff, providing training and guidance as needed.
Train and mentor other Accountants when necessary.
Participate in the onboarding process for new accountants.