Senior Staff Accountant - Property Management - Irvine, CA
Description
Position: Senior Staff Accountant
Location: Irvine, CA
Position Summary
The Senior Staff Accountant is an exempt position responsible for overseeing the day to day accounting operations for a developer portfolio of approximately 20 properties. This position will monitor month end close and reconciliation process for accrual basis financial statements, review the statements and submit to clients and lenders with a strict deadline on a monthly and quarterly basis. This position will also supervise the staff accountants working in the same portfolio. This position requires a Bachelor's degree in Accounting along with a minimum of three year's experience in a similar position. The Senior Staff Accountant must be competent with Microsoft Office and possess strong analytical skills with attention to detail. Yardi experience is a plus.
Responsibilities
Financial
- Manage month-end close and reconciliation process for accrual basis financial statements with a strict deadline for a developer portfolio.
- Review and distribute monthly financial statements and ensure all monthly, quarterly, and annual reporting to client and its lenders/investors are delivery timely.
- Analyze property-related transactions to ensure accuracy, completeness, compliance, and reasonableness.
- Review and track all financial deadlines including financial preparation, loan payments, taxes, insurance, and other key items.
- Prepare, maintain, and post recurring monthly journal entries and accrual journal entries as needed.
- Review lender statements and monitor reserve balances for insurance and property tax payments.
- Review rent roll/GPR for accuracy and follow up with Property Manager for corrections.
- Review A/P Aging reports for accuracy and timely reimbursable payments to corporate entity.
- Own and prepare annual 571-L and/or 571-R filings to the Counties, AOE filings to CTCAC.
- Coordinate and respond to lender inquiries on annual review requests, loan payments, escrow analysis, insurance renewals, property tax payments etc.
- Monitor and coordinate annual invoices received from the developer for residual receipts payments, loan servicing fees, and lender administrative fees, managing general partner fees.
- Track and prepare reserve withdrawal requests and financial certification to lenders for reserve reimbursements.
- Coordinate and communicate with internal and external customers, including, but not limited to property managers, regional managers, management, portfolio asset managers, lenders, auditors, etc.
- Administrative support for operations in updating policy and procedures, correspondence, filing and other general duties.
- Prepare additional financial reports and ad hoc projects assigned by Controller, President, or Vice Presidents.
Audits & Taxes
- Monitor and assist with audit requests, including general audit inquiries, preparation of schedules/reports, support data and schedules, and testing of internal controls.
- Review draft audits and record adjusting journal entries as needed.
- Respond to CPA audit inquiries in a timely manner (1-2 days turnaround)
Supervision of Staff Accountant
- Monitor employee productivity and provide constructive feedback and coaching.
- Provide support and guidance to the employee and build rapport for a collaborative team.
- Organize workflow and ensure that employee understands his/her duties or delegated tasks.
Abilities
- Strong command of the English language, including proper grammar, spelling, and sentence structure. Thorough understanding of the English language and ability to communicate effectively with others.
- Ability to work in a fast-paced, dynamic environment with strict reporting deadlines.
- Comprehensive knowledge of accounting best practices.
- Excellent organizational and communications skills, both written and oral.
- Attention to detail in all aspects of job performance.
- Effectively prioritize multiple projects simultaneously while meeting deadlines.
- Be able to work independently with minimal supervision.
- Daily review of all emails and respond as necessary within 24 hours.
Qualifications
While we are proud to offer on-the-job training for all positions, we prefer you to start with the following experience:
- Bachelor’s degree required - accounting degree a plus.
- 3-5 years related accounting experience; property management preferred.
- 3-5 years property management software experience – Yardi preferred.
- Previous supervisory experience a plus.
- Must have a valid Driver’s License, reliable transportation and maintain auto insurance coverage as your position may require some driving.
- Competence in personal computer skills, keyboard, internet search, math, Microsoft Office Suite/Office 365 including Word, Excel, Outlook as well as property management software applications.
- Present self in a neat, clean and professional manner at all times throughout the workday and/or whenever present at the community or representing the company.
- Comply with expectations as demonstrated in the Employee Handbook.
This is a full time position, 40 hours per week. M-F 8:30am - 530pm
Compensation
- Base Pay Start Rate: $90,000-$95,000 annually (DOE).
About us
WSH Management has managed senior and multifamily properties since we began operations over 20 years ago and are very experienced in the management of both affordable and market rate apartment communities. We currently manage over 60 properties in California and have over 175 employees. Come join us!
WSH Management is a recipient of the 2022 Employee Choice Award, and we intend to continue this trend. We offer training programs and growth opportunities to our employees.
WSH Management provides equal employment opportunity without regard to race, color, religion, sex, pregnancy, national origin, ancestry, citizenship, age, marital status, disability, veteran status, sexual orientation, gender identity, genetic information, or any other basis protected by law. If needed, reasonable accommodations for the hiring process will be made.
WSH Management is a drug free workplace.
WSH Management is an Equal Opportunity Employer (EOE) M/F/D/V/SO
How to apply
If you’re interested in applying for this position, visit our Careers Page at or click “Apply” at the top of this ad.