Accounting Manager

Position Overview

Ledgent Finance & Accounting's client is currently seeking an experienced Accounting Manager to join their team in California. The Accounting Manager will play a pivotal role in overseeing a team of both in-house and outsourced accountants, ensuring the accuracy and compliance of financial reporting packages and joint venture rollups in accordance with GAAP. The company is a vertically integrated owner-operator of multifamily assets in the San Francisco Bay Area.

Responsibilities

• Oversee daily operations and monthly close processes related to financial statements and joint venture rollups to ensure accuracy and identify any necessary corrections or training.
• Prepare and analyze complex accounting entries related to property acquisitions, dispositions, refinances, recapitalizations, and joint ventures.
• Review ownership entity contributions/distributions in accordance with governing documents.
• Reconcile, investigate, and resolve accounting transactions related to financial statements.
• Read and understand legal agreements, including operating agreements, management agreements, loan documents, and leases, and apply this knowledge to property reporting.
• Train and mentor accounting team members and provide periodic performance reviews.
• Create, analyze, and improve processes and procedures for the accounting department.
• Perform other duties as assigned by the accounting management team and company principals.

Qualifications

• Bachelor's degree in accounting or business required.
• Minimum of 5 years of accounting work experience.
• 2+ years of experience as an accounting manager or related position.
• 3+ years of experience with property accounting for joint ventures in institutional real estate investments.
• Proficiency with Microsoft Office suite of products and Microsoft Windows.
• CPA License or public accounting experience preferred.
• Intermediate to advanced Excel skills required (pivot tables, index and match, etc.).
• Real estate, construction, and/or property management experience required.
• Yardi experience preferred.
• Strong knowledge of GAAP rules and regulations preferred.

Key Skills and Competencies

• Detail-oriented and able to manage a large volume of data with speed and accuracy.
• Able to plan, organize, and prioritize workload to meet deadlines.
• Proven track record in maintaining efficient filing and records retention of financial documents.
• Strong accounting background, including extensive experience with general ledger and entity-level transactions.
• Excellent communication skills (verbal and written) with the ability to communicate internally with team members as well as externally with vendors and other service providers.

Required Work Hours

Monday - Friday, 8:00 AM - 5:00 PM

Benefits

The position offers a competitive salary ranging from $125,000 to $140,000 per year, depending on experience. This is a supervisory position with opportunities for growth and development within the company.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county, to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.