Los Angeles, CA
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 5+ to 7 years
Education Required: Some College
Job Description
The team's culture is defined by pushing the boundaries of traditional real estate development. ELK Development encourages employees to think boldly, communicate candidly, and act with integrity, so that we can create the maximum value for our stakeholders.
- Design and implement accounting, financial reporting, and internal control systems, ensuring that all systems are in accordance with established industry practices
- Create monthly financial reports, which summarize and analyze business activity and financial position related to income, expenses, and earnings based on past, and present and expected operations
- Manage the draw process for loan reimbursement for approximately 10 projects monthly
- Manage A/P, A/R & Payroll for approximately 10 employees
- Maintain journal entries to bank accounts, including all incoming and outgoing transactions and perform a monthly account reconciliation
- Maintain GL's and associated transactions impacting financial statement and balance sheet
- Prepare balance sheets, cash flow statements, budgets, P&L, aging reports for A/P & A/R
- Document and report preparation for annual external audit, State & Fed taxing authorities (in conjunction with CPA) and Workers Comp Audit preparation
- Create and maintain quarterly investor reports
- Prepare ad hoc reports and documents upon partner request
- Prepare S-corporation annual reports and filings as requested by CPA
- Train and supervise new hires in the accounting department
- 5+ years of accounting experience backed by a bachelor's degree in accounting and/or finance
- CPA license is preferred but not required
- JD degree is preferred but not required
- Knowledge of revenue and cost recognition in accordance with GAAP
- Experience with QuickBooks and/or QuickBooks Online
- Advanced proficiency with Microsoft Excel
- Demonstrate astute attention to detail
- Show strong quantitative analysis capabilities
- Maintain a drive for operational efficiency, never settling for "good enough"
- Work with a spirit of transparency and collaboration
- Demonstrate a willingness to adapt to an ever-changing real estate landscape and proactively seek out solutions to challenges
- Bring energy and enthusiasm to daily tasks
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