West Hollywood, CA
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Remote
Experience Required: 2+ to 5 years
Education Required: 4 Year College
Benefits
Job Description
Position Title: Senior Accountant
Position Location: Remote
BARDAS INVESTMENT GROUP OVERVIEW
BARDAS Investment Group (BIG), founded in 2018 and led by industry veteran David Simon, is a premier boutique real estate investment firm. With over 30 years of experience, Simon has orchestrated transactions exceeding $10 billion, collaborating with leading public real estate companies and private equity firms. BIG specializes in crafting unique and inspiring workplace environments. We develop world-class projects that not only meet but exceed the expectations of today’s creative professionals. Our expertise lies in understanding the evolving needs of those who work, live, and play in dynamic settings. Focusing on the vibrant Los Angeles market, where technology, entertainment, and media converge, we acquire and revitalize urban infill properties into cutting-edge media hubs. Our commitment is to design spaces that inspire, encourage collaboration, and enhance productivity, delivering exceptional long-term value to our investors, users, and the community. BIG’s innovative solutions are tailored to the specific needs and aspirations of tenants, supported by our dedicated property management partner, ECHELON Management Group.
SENIOR ACCOUNTANT POSITION DESCRIPTION
BARDAS is seeking a Senior Accountant with approximately three to five years of real estate accounting experience to report to the Controller. The Senior Accountant will assist with the accounting and financial management of a portfolio of direct real estate investments to comply with joint venture, lender, and internal reporting requirements. The Senior Accountant will work closely with an experienced group of professionals and be involved in many aspects of real estate financial analysis, accounting, taxation, internal controls, and property management oversight.
The responsibilities of the Senior Accountant will include, but are not limited to, the following:
- General understanding of real estate investment structures including REITs, mortgage documents, development agreements, partnership agreements, purchase and sale agreements, and leases.
- Month-end/quarter-end/annual accounting, financial reporting, and debt covenant compliance of direct real estate assets. Ensuring that all investments are accounted for in accordance with operating agreements as well as GAAP.
- Analyzing financial statements and other financial reports of real estate investments.
- Preparing monthly development draws and JV capital calls.
- Working closely with the development team to track current project costs against budget, major cost changes, budget reallocations, and contingency usage.
- Reviewing and approving operating budgets for each asset and preparing JV entity budgets.
- Performing financial due diligence for acquisitions by working with third parties, sellers, JV partners, legal counsel, etc.
- Broadly interacting with independent external auditors and tax practitioners to provide information as requested for annual audit, annual tax, and quarterly REIT compliance.
- Oversight of third-party property management to ensure compliance with operating agreements.
- Identifying and resolving any control issues relating to property management or internal processes.
- Cash management of upper-tier and corporate-level entities.
- Generating data that is valuable for business management efforts.
- Special projects regarding assigned portfolio of properties.
GENERAL QUALIFICATIONS
We are actively seeking candidates with the following skills and qualifications:
- Bachelor’s degree in Accounting. CPA designation is strongly preferred.
- Three to five years of relevant accounting experience within the real estate industry (preferably Big 4 public accounting experience and/or experience working at a real estate investment firm).
- Proficiency with real estate investment accounting/industry issues, with a firm understanding of property operations and financial reporting matters.
- Computer literacy and working knowledge of MS Office (i.e., Excel, Word, Outlook, OneDrive), Adobe Acrobat, Yardi Voyager, and QuickBooks.
- Excellent communication skills (email and verbal) plus demonstrated confidence and ability to communicate with all levels of management.
- Ability to multi-task, work under pressure, and meet deadlines.
- Must be extremely detail-oriented and demonstrate a high degree of professionalism and self-motivation.
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