Real Estate Accounting Director

Los Angeles, CA 90024

Posted: 04/19/2024 Employment Type: Direct Hire Industry: Accounting Job Number: 18848 Pay Rate: 150,000

Job Description

Real Estate Accounting Director
Our client located in Los Angeles, CA is hiring a Real Estate Accounting Director. This is a direct hire opportunity.

Company Profile:
Commercial Real Estate

Real Estate Accounting Director Role:
Real Estate Accounting Director will ensure accurate and timely monthly financial reporting.
Conduct month-end close activities, including posting journal entries, preparing and reviewing account reconciliations, and consolidating 3rd-party operating activity.
Review and ensure 3rd-party operators comply with GAAP and ownership accounting guidelines.
Manage real estate tax and insurance matters, including planning, renewals, and budgeting for the hospitality portfolio.
Collaborate regularly with the asset management team to address overall portfolio needs.
Real Estate Accounting Director will Oversee cash management and planning, implementing proactive strategies to optimize liquidity and support organizational needs.
Perform opening and closing entries on new and disposed assets.
Review, approve, and post Accounts Payable batches.
Ensure timely lender reporting and overall lender compliance.
Support annual financial audits and appraisals.
Real Estate Accounting Director will ensure compliance with regulatory licenses, permits, and tax requirements (sales, business, RE Tax, etc.).
Establish, monitor, and reinforce accounting policies, procedures, and internal controls.
Manage and coordinate all money transfer transactions.

Real Estate Accounting Director Background Profile:
Bachelor’s degree in accounting.
Minimum of 5 years of Real Estate financial reporting experience.
10 Years of Accounting
Working knowledge of GAAP and REIT
Leadership experience in hospitality is a plus.
Preferred knowledge of PropCo-OpCo structures.
Intermediate to expert level in Excel required.
Prior experience with automated accounting systems required. Yardi, required.

Features and Benefits:
Bonus Potential
100% employee Full Health Benefits package
PTO plus Holidays 

Frontline Source Group is an Equal Opportunity Employer.  Candidates must be authorized to work in the United States without sponsorship.  The client cannot sponsor any visas.

Disclaimer: sensitive and personal data will not be requested by Frontline Source Group or its affiliates until a job offer is made and accepted. If you ever doubt the validity of our job postings, we encourage you to call one of our branch locations to verify the status on any job.


Job Requirements

Bachelor’s degree in accounting.
Minimum of 5 years of Real Estate financial reporting experience.
10 Years of Accounting
Working knowledge of GAAP and REIT

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