Property Accountant

Job Description

Come join LA’s most innovative real estate investment and operating company!  Rising Realty Partners currently owns and manages over 4 million square feet of office assets throughout the Western United States.  From low rise suburban corporate structures to gorgeous historical assets downtown, our record of success in value-add investments is spurring growth, and with our new acquisitions in Industrial and Multi-family Buildings, we are looking for the most creative, driven and talented property managers the industry has to offer.

The Property Accountant position will handle full-cycle accounting for assigned properties in the portfolio. The primary responsibilities include maintaining the accuracy and integrity of property financial records. 

Job Responsibilities:

• Handle accounting for assigned properties including preparation and analysis of the monthly financial package, general ledgers, and subsidiary ledgers
• Perform all month-end reconciliations and understand all entries and postings to balance sheet and income statement accounts for assigned properties
• Review aging reports and expense ledgers to identify and recommend monthly accruals, potential reclassifications, and other appropriate actions
• Analyze property level results in comparison to budget/forecast including responding to inquiries
• Where needed, assist property manager with tenant billing and receipts
• Assist in the posting of tenant rents, if necessary.
• Assist with the year-end audit including preparation of audit schedules.
• Assist in the preparation of annual CAM reconciliations and estimates.

Requirements

• Detail oriented - as reflected in accuracy and timeliness of work product
• Strong communicator – proactive and consistent communication.  Ability to explain financial information and other ideas clearly both verbally and in writing
• Flexible – ability to handle change and growth. 
• Degree in Accounting or Related Field.
• Knowledge of GAAP accounting.
• Previous property accounting experience in commercial real estate.
• Real estate/property management experience preferred.
• Proficient in Microsoft Office, especially Excel and Word.
• Experience in Yardi or MRI