Job Title: Senior Property Accountant
Location: Torrance, CA
Salary Compensation: $110k–$125k
Work Location: On-Site, 5 days per week (local candidates only)
Job Type: Direct Hire
Industry: Real Estate
Company Size: $1-4B of assets under management
Keys to Job: 5+ years or more property/real estate accounting required - ideally residential and commercial exp. CPA a big plus but not a must. Must have a BS or BA in Accounting or Finance to be considered. CAM Reconciliations a must, Financial Statements a must, Real Estate investment experience is a big plus. Must be fluent in large company ERP systems, custom report building, Advanced Excel. Fund administrator coordination preferred. Must be local and on-site 5 days/week. Best fit: hands-on property accountant who can also support corporate GL, consolidations, and investor/fund reporting. NOTE: Will consider people straight out of Big 4 CPA firms.
Job Description – Senior Property Accountant
A real estate investment firm is seeking a Senior Property Accountant for its Torrance office. This is a full-time, on-site role supporting property-level and corporate accounting plus fund administration coordination. You will own full-cycle accounting for 6 multifamily properties and 2 commercial assets, including CAM reconciliations and large real estate ERP system reporting, while also supporting entity-level reporting and working directly with outside fund administrators.
Essential Duties & Responsibilities
Property Accounting
• Perform full-cycle accounting for 6 multifamily properties and 2 commercial assets, including monthly close, financial packages, and variance analysis
• Prepare and review CAM reconciliations, straight-line rent, and security deposit accounting
• Manage bank reconciliations, cash management, accounts payable, tenant billing, and lease administration
Corporate Accounting
• Support corporate-level general ledger accounting, including intercompany transactions and consolidations
• Assist with corporate financial statements and management reporting
• Support entity-level budgeting and forecasting
Fund Administration & External Reporting
• Serve as a key point of contact with outside fund administrators for data exchange, reconciliations, and reporting
• Prepare supporting schedules and workpapers for fund-level financial statements, investor reporting, and audits
• Assist with lender reporting packages and covenant compliance documentation
Systems & Process
• Maintain investor/portfolio data in the large real estate ERP system (IM) portal
• Build and maintain custom reports in Yardi Voyager (not just existing templates) for management, investor, and lender reporting
• Manage vendor compliance workflows in large real estate ERP system, including exceptions and documentation standards
• Identify opportunities to streamline close and reporting workflows across the portfolio
Qualifications
• Minimum 5 years of accounting experience with a focus on property or real estate accounting; corporate/entity-level exposure a plus
• Hands-on large real estate ERP system, custom report building, IM portal
• CAM reconciliation experience required
• Experience working with outside fund administrators strongly preferred
• Advanced Excel (pivot tables, lookups, financial modeling) required
• Bachelor’s degree in Accounting, Finance, or related field required; CPA a plus
• Must be local and able to work on-site 5 days per week
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