Reputable global real estate investment firm, experiencing impressive growth, is looking for sharp Staff Accountant (Partnership Accounting) at their headquarters in Los Angeles, CA. This position is a key member of the accounting team reporting to an Accounting Manager and contributing to a timely and accurate month-end close by performing specialized assignments related to the accounting for limited partnerships invested in a portfolio of real estate properties through a multi-tier structure.
Responsibilities:
- Review and identify daily cash receipts and apply them in various tracking systems (Including CLCS, CashPro, and MS Excel)
- Track loan and fee payments on 400+ properties and report on delinquencies
- Prepare reports and other analytical data to support mid-month projections and month-end close.
- Reconcile bank accounts
- Produce weekly summary reports of all receipts
- Actively assist in implementing new accounting processes and streamlining existing processes to increase efficiency and effectiveness
- Work closely with other teams in the organization to ensure that all transactions are recorded properly and timely
- Gather documentation and prepare responses to requests from internal and external auditors
- Conduct follow up on expected receipts until resolved
- Troubleshoot escalated issues and ensure that they are handled timely and effectively
- Document and update standard operating procedures for key accounting processes
- Provide special project assistance to various other groups
- Produce ad hoc reports and analyses as necessary
Qualifications:
- BA/BS in Accounting/Business/Finance
- 2+ years of relevant accounting experience
- Strong knowledge of GAAP accounting, including consolidations and real estate accounting
- Real Estate Tax Credit experience is a plus
- Proficiency with Excel, Yardi or other Real Estate related software experience preferred
- Excellent written and verbal communication skills
- Team player
- Excellent organizational and analytical skills
- Ability to thrive in a fast-paced, deadline-oriented environment