Hays has partnered with a real estate holding company that is looking for a Portfolio Accountant to oversee a recently developed Class A Luxury Mixed-Use high rise in LA.
Your new role
The successful candidate will be responsible for managing the financial operations of the property and requires a strong understanding of real estate accounting, financial reporting, and portfolio management.
Prepare and analyze monthly, quarterly, and annual financial statements for the property portfolio.
Develop and maintain budgets, forecasts, and financial models to support strategic planning and decision-making.
Oversee the accounts payable and receivable processes, ensuring timely and accurate payments and collections.
Maintain and reconcile the general ledger, ensuring accuracy and compliance with accounting standards.
Manage tenant billing, lease administration, and rent collection, ensuring compliance with lease agreements.
Conduct variance analysis to identify and explain discrepancies between actual and budgeted financial performance.
Coordinate with external auditors and ensure compliance with all regulatory requirements and internal policies.
Provide financial analysis and insights to support property management and investment decisions.
Monitor and manage cash flow to ensure the financial stability of the property portfolio.
Work closely with 3rd party property managers, leasing agents, and other stakeholders to ensure the financial success of the property.
What you'll need to succeed
Bachelor's degree in Accounting, Finance, or a related field.
CPA or CMA certification preferred.
Minimum of 5 years of experience in real estate accounting or a similar role.
Strong knowledge of GAAP and real estate accounting principles.
Proficiency in accounting software and Microsoft Office Suite.
Excellent analytical, organizational, and communication skills.
The ability to work independently and as part of a team.
What you'll get in return
Annual Salary of $150k - $200k
Bonus
401k, Medical, Dental, and Vision Benefits
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.