Client Accountant

This is a fully remote position, open to applicants in California, +1 more state.

📋 Description

• Execute daily property accounting tasks for designated properties.

• Generate financial reports, operating statements, variance analyses, escalation reviews, payable assessments, reconciliations, and ancillary schedules.

• Input accrual and cash journal entries while ensuring precision, consistency, compliance with GAAP, adherence to Management/Leasing Agreements, and SOC1 control standards.

• Utilize real estate accounting software such as MRI and Yardi for client accounting responsibilities.

• Collaborate with property management to fulfill monthly reporting, annual budgeting, escalation settlements, and other critical deadlines.

• Assess tenant billings, adjustments, cash receipt batches, rent rolls, aged delinquency reports, account ledgers, and general ledger entries.

• Manage property cash balances and evaluate bank reconciliations.

• Review and authorize significant accounts payable disbursements and submit weekly reports on open accounts payable.

• Deliver monthly financial report packages to the accounting manager.

• Aid in CAM and real estate tax escalation reconciliations and respond to auditor inquiries.

• Prepare and initiate distributions to owners.

• Generate and post rent-up reports while making necessary tenant ledger corrections or adjustments.

• Ensure timely payments of mortgages and property taxes.

• Calculate monthly management and incentive management fees.

• Maintain organized scanned financial reporting packages, bank statements, and reconciliations; upload documents to OneSpace.

• Engage with clients, auditors, tax preparers, vendors, tenants, and team members.

• Calculate and file sales tax.

• Close accounts payable, commercial management, and general ledger modules as deemed appropriate.

• Carry out additional client accounting responsibilities as assigned.

⛳️ Requirements

• Bachelor's degree in accounting, finance, or a related field is preferred.

• 2-3 years of recent experience in fee-based property management accounting.

• Familiarity with financial terminology, principles, and contemporary accounting practices, including cash and basic accruals.

• Capability to apply generally accepted accounting principles (GAAP).

• Understanding of owner budget reporting mandates and annual budget preparation.

• Knowledge of escalation and operating expense budgeting and settlement processes, including gross-up calculations.

• Experience with real estate accounting software, preferably MRI and/or Yardi.

• Proficiency in Microsoft Word, Excel, and Adobe applications.

• Strong analytical skills and meticulous attention to detail.

• Ability to manage multiple projects, adapt to changing priorities, and handle time-sensitive workloads.

• Capacity to work independently and under general supervision.

• Commitment to providing efficient, timely, reliable, and courteous service.

• Ability to maintain confidentiality.

• Excellent verbal and written communication skills.

• Capacity to remain stationary for 50% or more of the time and continuously operate a computer and office productivity machinery, or receive reasonable accommodations.

• Successful completion of pre-employment background checks and drug screening is required before commencing employment.

🏝️ Benefits

• Pre-employment background checks.

• Drug screening prior to the start of employment.

• Reasonable accommodations may be provided to facilitate essential functions.