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Senior Accountant – Real Estate Development | Real Estate Investment Firm

Recruiting Resources, Inc.
Los Angeles, CA, United States
Full-time

Thriving commercial real estate investment firm is seeking a Senior Accountant Real Estate Development at their headquarters in Los Angeles, CA.

The incumbent will be a highly skilled individual with strong accounting background who enjoys working in a dynamic, fast-paced, and collaborative team-centric environment.

Will handle a number of responsibilities in the areas of accounting, project support, and a variety of administrative duties consisting of, but not limited to, the following :

  • Reconcile monthly historical construction spending.
  • Analyze spend projections provided by the regional project managers.
  • Analyze and review initial project funding requests and budget updates.
  • Collaborate on enhancements for project management software.
  • Prepare real estate basis analytics in conjunction with yield on cost calculations.
  • Support Accounting Manager by preparing various ad hoc reports for active development, redevelopment, and tenant improvement projects.
  • Prepare monthly and quarterly real estate development pipeline reports.
  • Prepare supporting analytics for SEC disclosures.
  • Review and provide support to tie out supplemental and 10-Q / 10-K packages.
  • Actively participate in Real Estate Development Team process improvement initiatives.
  • Produce monthly real estate development loan draw packages and submit them to lenders and / or joint venture partners.
  • Analyze and maintain the job cost subledger, including processing and recording journal entries for job cost allocations, accruals, capitalization, and transfers to fixed assets.
  • Reconcile and track additional or excess tenant improvements to bill to tenants.
  • Provide support for a variety of special projects, including external and internal audit requests and ad hoc reports for management review.

Qualifications and Experience :

  • Bachelor’s degree in Accounting, Finance, or Business Administration required.
  • CPA preferred.
  • 2+ years of accounting experience required.
  • Public accounting experience preferred.
  • Technical accounting research skills desirable.
  • Public commercial real estate experience or general contractor experience preferred.
  • Detail-oriented, strong analytical and communications skills preferred.
  • Proficiency in business-related software : Microsoft Excel, Word, Outlook, and Teams.
  • JD Edwards accounting software and Unifier project management software experience desirable.
  • Experience working in a large team environment and collaboration across many groups preferred.
  • 12 days ago
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