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Woodmont Real Estate
Senior Property Accountant - MultifamilyWoodmont Real Estate • Belmont, CA, United States
Senior Property Accountant - Multifamily

Senior Property Accountant - Multifamily

Woodmont Real Estate • Belmont, CA, United States
30+ days ago
Salary
$100,000.00–$115,000.00 yearly
Job type
  • Full-time
Job description

The Senior Property Accountant - Multifamily position is primarily responsible for the processing of multiple multifamily accounting entities, including CAM calculations. RESPONSIBILITIES Principal Accountabilities and Essential Job Functions: Responsible for the preparation of multiple property financial statement packages, including CAM estimate and actual calculations. Monthly review of multiple multifamily asset financial statements. Due dates range from the 4th business day through the 25th of each month; 25% of the financial statements reviewed every month are shared with the CFO. Prepare monthly financial statement packages for several multifamily asset entities. Specific responsibilities include: Posting of cash receipts Input lease abstracts Process move‑outs and security deposit refunds Process rent rolls and delinquency reports Review A/P coding and descriptions Bank reconciliations Monthly Property Management Fee calculations CAM set up and calculations Handle general accounting: review A/P Prelim report for coding and description accuracy, G/L account analysis, journal entries, bank reconciliation, management fee calculations, reconciliation of scheduled rent to actual rent billed, amortization and depreciation schedules if required. Maintain cash records for each property and perform cash management functions. Daily interface with property and regional managers. Work closely with other commercial property accountant team members and A/P Specialists. CAM reconciliations are performed using a variety of methods: primary in MRI and in Excel. Maintain property files including insurance, property tax and mortgage documentation on Excel for prepaid, accrued and amortization. Other duties as assigned. QUALIFICATIONS A minimum of five years of previous accounting experience. Knowledge of property accounting and lease analysis. Solid understanding of Common Area Maintenance (CAM – recoveries/billbacks) calculations. Strong oral and written communication skills. Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations. Excellent computer skills, including strong knowledge of Microsoft Office (Outlook, Word, Excel). Yardi and MRI experience preferred, other property management software packages helpful. Strong mathematical skills required. Ability to calculate figures and amounts such as discounts, interest, bonuses, proportions, percentages. Ability to apply concepts such as fractions, percentages, and proportions to practical situations. Basic accounting principles. EDUCATION Bachelor’s degree in accounting required. COMPENSATION, BENEFITS & PERKS BENEFITS & PERKS Medical, dental and vision plans with options for flexible spending accounts (FSA) and health savings accounts (HSA). Flexible vacation & time off: generous PTO plan and 10 company holidays, in addition to normal sick time. Employee Assistance Program (EAP) to support employees needing additional help outside the office. 401(k) retirement plans, guaranteed life insurance, short- and long-term disability coverage. Matching up to a discretionary 10% of employee contributions, subject to change. Monthly stipends for mobile plans and commuter assistance. COMPENSATION Woodmont Real Estate Services has detailed the expected annual base salary for this role to be $100,000–$115,000 annually . This does not include any other potential components of the compensation package, including equity, benefits and perks outlined above. ABOUT US Woodmont Real Estate Services is a premier asset and property management company, proud to offer over 50 years of experience managing a diverse portfolio of commercial and multifamily properties in Northern California. With a hands‑on management approach, marketing know‑how and in‑depth knowledge of sub‑markets throughout the region, we create unique strategies that are truly custom to each property. Our mission: to add value to our clients by providing superior service to all who live and work at the properties we manage. We achieve this goal by creating an exceptional professional environment for all associated with our organization. All are welcome here. We respect and honor differences in gender, race, age, faith, ethnicity, sexual orientation and gender identity. We thrive when our differences are valued. EQUAL OPPORTUNITY EMPLOYER Woodmont Real Estate Services is an equal‑opportunity employer. We provide employment opportunities regardless of age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status or any other protected class. Each individual at Woodmont brings their own perspectives, work experiences, lifestyles and cultures, creating a more innovative team that delivers better services to customers and fosters growth and learning. Woodmont is an E‑Verify employer and will provide your Form I‑9 information to the authorized government agency to confirm that you are authorized to work in the U.S. For more information, please visit E‑Verify. #J-18808-Ljbffr

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Senior Property Accountant - Multifamily • Belmont, CA, United States

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