Property Accountant

Description :

Ethan Conrad Properties, Inc. is one of the largest and the fastest growing Commercial Real Estate Companies in Sacramento, CA. With over 11.6MM square feet, over 170 properties, and over 250 buildings, valued at $1.7 billion dollars. ECP has had an Annual Growth of over 20% for the past 10 years and anticipates continued growth of 20% annually, creating more job opportunities internally and externally. ECP is a World Class Company.

We are looking for a Property Accountant to join our growing organization. In this position, the Accountant Central Functions will work under the direct supervision of the Controller Central Functions and is responsible for the accuracy of all postings to the central functions and owner entities. The Accountant Central Functions is the main point of contact for other departments and management for all financial transactions and information for the central functions and owner entities. In addition, the Accountant Central Functions is responsible for broker commission calculations and the corporate credit card monthly reconciliation process.

Requirements : Responsibilities

• Participate and execute tasks as per the monthly financial closing process protocol.
• Broker commissions : responsible for the ongoing review of all internal broker commission workbooks and calculations, communications with Property Managers and brokers for open dates and other relevant information and tracking YTD broker draws vs. YTD earned commissions in order to manage the bi-weekly draw process.
• Responsible for the accurate and timely posting of all payroll, benefits and employee-related expenses and the appropriate allocations to the relevant departments / functions / properties. Record payroll benefit invoices monthly. Provide payroll backup for ECC to ECC Controller
• Responsible for a monthly reconciliation of the company FSA / HSA plans, including bank reconciliation and financial postings.
• Management of the corporate credit card reporting platform (Expensify), credit card statement reconciliations in a timely manner, posting of all credit card transactions and periodic audit of the usage of credit cards as per the company SOP.
• Reconcile inter-company balances for mall properties / entities Full-cycle bank reconciliation process for corporate and mall bank accounts, including bank account register download, posting bank transactions and weekly / monthly bank reconciliation process Support the Controller Central Functions with financial management and reporting for ECP Mall properties
• Responsibility to resolve all balance sheet account suspense balances on a weekly basis
• Corporate / owner personal loans : reconciliation of loan statements, post monthly payment, etc.
• Weekly working capital calculation and subsequent distribution / contribution to owner
• Monthly review of all property P&L expenses, to ensure accuracy
• Reconcile property equity balances with owner investment GL accounts
• Prepare monthly property reporting package and report material transactions, events and financials to owner
• Maintain / Understand Corporate Accounting Policies
• Manage Fixed Assets for each allocated property / entity
• Manage petty cash fund
• Other General Accounting & Special Projects

Requirements and Qualifications

Compensation details : 70000-80000 Yearly Salary

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