Accounting Manager

San Diego, CA

A commercial real estate development and acquisition company focused on state-of-the art
industrial facilities in Southern California is looking for an Accounting Manager to support the
company’s financial operations.

Responsibilities

• Help manage the general accounting functions and the month-end processes (GL, AR, AP)
• Compile and process equity draws and loan draws, coordinate this with the accounts payable process
• Cash management for multiple accounts per property: cash projections, wires and checks, setup new bank accounts
• Process bank reconciliations, credit card reconciliations, prepare journal entries and review general ledger activity
• Process bank transactions online such as transfers, stop payments, downloads
• Prepare timely and accurate monthly financial reporting for specific properties and corporate entities
• Help prepare property budgets, develop property business plans
• Analyze monthly financial variance reports
• Calculate CAM estimates based on lease structures
• Prepare annual and interim CAM reconciliations
• Batch tenant ledger adjustments in our accounting system
• Vendor billing research and tenant ledger research as needed
• Lease administration: review and input leases and amendments into our accounting system, become familiar with leasing and accounting-related tenant communications
• Work with managers & accounting on certain tenant communications, vendor communications
• Identify and implement process improvements and maintenance of internal controls
• Review new entities accounting setup & structure
• Process and reconcile monthly management fees and corporate receivables
• Process and reconcile monthly investor distributions
• Create investor distribution/contribution schedules per TIC and operating agreements
• Create and update investor reports, preferred return & sale schedules
• Maintain and track worksheets to monitor compliance with the terms of various agreements such as partnership, loan, development, and management
• Ensure quarterly debt compliance packages are submitted timely and accurately on numerous mortgage debt obligations.
• Coordinate property audits and tax returns with our CPA firm, prepare and submit tax forms
• Ensure state, federal, and property tax payments are submitted timely and accurately
• Review state filings such as SOIs and city filings such as business license renewals
• Assist with the process related to new acquisitions and dispositions, including transaction accounting and interfacing with escrow, legal and other third-party providers
• Escrow and lender communications and document coordination, create escrow invoices for fees and expenses
• Coordinate partners documents & signature coordination for transactions and leases

Requirements

• 7+ years of experience with real estate accounting experience preferred
• Bachelor’s Degree or higher; CPA
• Honest, dependable, hard-working, and motivated
• “Self-starter” to take initiative to complete and deliver the final product
• Excellent written and verbal skills, thorough communication, as well as strong attention to detail and ownership of your role
• Advanced experience in Excel is required
• Time management, proficiency in Adobe Acrobat, and Microsoft Office
• Exposure to commercial accounting software, MRI Software, AvidXchange, and/or Rent Manager