Offshore Commercial Senior Accountant in Los Angeles
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Job DescriptionJob DescriptionDescription:
***MUST ATTACH RESUME TO BE CONSIDERED***
***Solid knowledge of financial accounting and GAAP***
***Proficient with Microsoft Office Suite and AppFolio***
Compensation: Up to $2,000 monthly DOE plus 40 hours of paid sick leave after the first 90 days
Schedule: 8:30 am - 5 pm PST (flexible with start time)
The Senior Commercial Accountant manages financial records and ensures accurate reporting utilizing AppFolio software. This role is crucial for maintaining the organization’s financial health by overseeing financial activities in your property portfolio. You will prepare and maintain records, including general ledgers, analysis reports, financial reports, annual audits, tax preparation, and investor distributions.
Required Experience:
• Minimum 5 years of experience in commercial or retail property management accounting (REQUIRED)
• Strong knowledge of CAM reconciliations and audits (REQUIRED)
• Experience with due diligence projects and property acquisitions/dispositions
• Proficiency in budgeting, forecasting, and forensic accounting
• Experience with new property and lease set-up in accounting systems
• Excellent understanding of lease interpretation and its financial implications (e.g., NNN/Base Year CAMs)
• Strong communication and organizational skills
• Advanced Excel skills and familiarity with property accounting software (Appfolio REQUIRED)
Requirements:
Financial Reporting & Analysis
• Prepare and analyze monthly, quarterly, and annual financial reports for multiple properties
• Conduct cash flow analysis and support calculations such as Cash-on-Cash Return and IRR (, not required)
General Ledger & Month-End Close
• Reconcile and analyze general ledger accounts
• Perform month-end and year-end closing procedures to ensure accurate financial reporting
Accounts & Reconciliations
• Oversee and approve accounts payable and receivable
• Reconcile bank accounts and other ledgers, resolving discrepancies in a timely manner
Tenant & Lease Accounting
• Set up new leases in accounting systems
• Review and interpret lease agreements to ensure accurate billing and compliance
• Maintain tenant ledgers and support collections and lease administration
Common Area Maintenance (CAM)
• Prepare annual and interim CAM reconciliations
• Conduct and support CAM audits
Budgeting & Forecasting
• Develop and manage property-level budgets and forecasts
• Explain budget-to-actual variances and assist in capital call planning
Property Transactions
• Manage accounting for property acquisitions and dispositions
• Lead new property onboarding and data integration into financial systems
Distributions & Tax Compliance
• Prepare monthly/quarterly investor distributions, including relevant documentation
• Assist with non- tax filings and general tax compliance support
Audit & Compliance
• Provide documentation and support for internal and external audits
• Ensure compliance with all relevant accounting standards and lease terms
Ad Hoc Projects
• Participate in special projects, process improvements, and cross-departmental initiatives as needed
Education and Experience:
• A bachelor’s degree in accounting, finance, or a related discipline is required.
• At least five years of related work experience as a senior accountant.
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