Senior Accountant

Bardas Investment Group

Senior Accountant

Los Angeles, CA
Full Time
Paid
  • Responsibilities

    Job Summary

    BARDAS is seeking a Senior Accountant with approximately three to five years of real estate accounting experience to report to the Controller. The Senior Accountant will assist with the accounting and financial management of a portfolio of direct real estate investments to comply with joint venture, lender and internal reporting requirements. The Senior Accountant will work closely with an experienced group of professionals and be involved in many aspects of real estate financial analysis, accounting, taxation, internal controls, and property management oversight.

    Responsibilities

    General understanding of real estate investment structures including REITs, mortgage documents, development agreements, partnership agreements, purchase and sale agreements and leases

    Month-end/quarter-end/annual accounting, financial reporting and debt covenant compliance of direct real estate assets. Ensuring that all investments are accounted for in accordance with operating agreements as well as GAAP.

    Analyzing financial statements and other financial reports of real estate investments

    Preparing monthly development draws and JV capital calls

    Working closely with the development team to track current project costs against budget, major cost changes, budget reallocations and contingency usage

    Reviewing and approving operating budgets for each asset and preparing JV entity budgets

    Performing financial due diligence for acquisitions by working with third parties, sellers, JV partners, legal counsel, etc.

    Broadly interacting with independent external auditors and tax practitioners to provide information as requested for annual audit, annual tax and quarterly REIT compliance

    Oversight of third-party property management to ensure compliance with operating agreements

    Identifying and resolving any control issues relating to property management or internal processes

    Cash management of upper-tier and corporate level entities

    Generating data that is valuable for business management efforts

    Special projects regarding assigned portfolio of properties

    Qualifications

    A Bachelor’s degree in Accounting. CPA designation is strongly preferred

    Three to five years of relevant accounting experience within the real estate industry (preferably Big 4 public accounting experience and/or experience working at a real estate investment manager)

    Proficiency with real estate investment accounting/industry issues, with a firm understanding of property operations and financial reporting matters

    Computer literacy and working knowledge of MS Office (i.e., Excel, Word, Outlook, OneDrive), Adobe Acrobat, Yardi Voyager and QuickBooks

    Excellent communication skills (email and verbal) plus demonstrated confidence and ability to communicate with all levels of management

    Ability to multi-task, work under pressure, and meet deadlines

    Must be extremely detail oriented and demonstrate a high degree of professionalism and self-motivation

    This is a remote position.