Staff Accountant
About The Position
Omninet Capital is seeking a detail-oriented and motivated Staff Accountant to join our Accounting team in Beverly Hills, CA. This role provides an excellent opportunity for an early-career accounting professional to gain hands-on experience supporting both Construction Accounting and Corporate Accounting within a vertically integrated real estate investment, development, and property management company. Reporting to the Controller, the Staff Accountant will assist with construction job cost accounting, corporate accounting operations, month-end close activities, treasury support, and various financial reporting responsibilities. The ideal candidate is eager to learn, highly organized, and thrives in a fast-paced, collaborative environment.
Requirements
- Bachelor’s degree in Accounting or Finance from an accredited college or university.
- 2-4 years of accounting experience; internship or real estate accounting experience is a plus.
- Strong attention to detail with excellent organizational and analytical skills.
- Proficiency in Microsoft Excel.
- Excellent written and verbal communication skills.
- Self-motivated, adaptable, and able to manage multiple priorities in a fast-paced environment.
- Strong work ethic, professionalism, and commitment to accuracy and teamwork.
Nice To Haves
- Experience with Yardi is preferred but not required.
Responsibilities
- Assist with month-end, quarter-end, and year-end close activities related to construction job cost accounting.
- Review job cost transactions for accuracy and prepare journal entries and job cost adjustments in Yardi.
- Generate monthly job cost reports and support financial reporting packages.
- Update cash flow tracking for capital improvement (CapEx) and tenant improvement (TI) projects.
- Process and post construction management fees.
- Analyze and prepare reclassifications for construction-related transactions.
- Assist with year-end capital expenditure accruals.
- Support the Controller with capital project analysis and tax reporting related to tangible property regulations.
- Create and maintain construction jobs, contracts, and budgets within the Yardi Job Cost module.
- Coordinate with Construction and Operations teams on new projects, budget revisions, and job status updates.
- Track project budgets, timelines, and tenant improvement work.
- Review, code, and verify construction invoices before submitting to Accounts Payable.
- Monitor tenant improvement overages, prepare tenant billings, and process reimbursement requests.
- Prepare construction and job cost reports for internal departments and external partners.
- Support the annual capital budgeting process by creating jobs, tracking budget changes, and monitoring undisbursed project costs.
- Support accounts receivable activities for corporate, commercial, and residential entities.
- Process corporate billbacks and related accounting transactions.
- Track management fees and coordinate property reimbursements.
- Process wire transfers and assist with treasury-related activities.
- Assist with forming and maintaining legal entities and corporate records.
- Monitor and process unclaimed property filings.
- Support property tax appeal administration.
- Assist with external audits, 401(k) audits, workers’ compensation audits, and other compliance activities.
- Support quarterly distributions and other accounting projects as assigned.
- Prepare journal entries and account reconciliations.
- Assist with monthly financial close and reporting processes.
- Maintain accurate accounting records and supporting documentation.
- Collaborate with cross-functional teams including Construction, Property Management, Operations, and Finance.
- Identify opportunities to improve accounting processes and internal controls.
- Perform additional accounting and administrative duties as assigned.
Benefits
- 401(k) audits
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
