Property Accountant

Hudson Pacific Properties, Inc.; Los Angeles (CA); On-site; USD 70,000 - 100,000; Full time

Job summary

Hudson Pacific Properties, Inc. is seeking a Property Accountant to oversee financial reporting for an assigned portfolio of properties. You will work closely with property management teams to ensure information is accurate, timely, and GAAP-compliant.

The role builds a deep understanding of property operations and provides clear financial insight to help teams make informed business decisions. You will prepare monthly statements, reconcile accounts, and support CAM reconciliations.

Qualifications

• Bachelor's degree in Finance, Accounting, or Business Administration preferred
• Minimum 2-3 years of general accounting experience required
• Real estate experience required
• A good understanding of accounting principles and processes
• Strong computer skills, including Microsoft Office with a high level of ability with Excel functions, shortcuts, and formulas
• Strong focus on customer interaction and satisfaction; ability to maintain and establish effective relationships with internal and external customers
• Strong written and verbal communication skills to write memos and reports, and interact verbally with internal and external clients
• Strong organizational and research skills, solid attention to detail, high accuracy, problem solving, and decision-making
• Desire to grow and develop both professionally and personally
• Proactive stance toward learning, workload completion, best practices, and communication
• Team player, with a collaborative approach
• Nimble learner who will be able to take on a property portfolio with minimal supervision

Responsibilities

• Prepare monthly financial statements, reports, and records by collecting, analyzing, and summarizing account information
• Research and answer Property Managers’ questions regarding tenant statements
• Reviews and approves work such as tenant credit memos, non-recurring tenant billings and questionable cash receipts for entry by Accounts Receivable Accountant.
• Prepares tenant account analysis and reconciliations when tenants dispute charges to their accounts
• Reviews documents such as cash receipts, tenant billings, move-outs and lease documentations substantiating business transactions
• Review accounts receivable aging for delinquencies, cash applications, and prepaid rent applications
• Process tenant refunds and deliver to Accounts Payable department
• Prepare Rent Statements and distribute to the property management team to ensure the following month’s recurring charges and past due charges are accurate
• Calculate and enter monthly contract item accruals such as janitorial, security, engineering, and utility expenses to match expenses to the period incurred and review the trial balance for reversing of same entries in the next accounting period
• Work with the Project Accounting team to ensure depreciation and amortization of fixed assets, tenant improvements, and leasing commissions are recorded correctly
• Consult with property staff as to general ledger coding for payables, tenant improvements, cash receipts applications, and budget variances
• Ensure all appropriate reviews and approvals are completed before processing data into the accounting system
• Prepare balance sheet tie-out to balance the general ledger and sub-ledgers
• Reconcile bank accounts to general ledger
• Record and maintain straight-line adjustment schedules
• Assist with annual CAM reconciliations and the proceeding years' estimated CAM reconciliations
• Participate in monthly accounts receivable and variance meetings
• Miscellaneous duties as assigned

Skills

Excel proficiency

Communication skills

Attention to detail

Team player

Customer interaction

Time management

Problem solving

Education

Bachelor's degree in Finance, Accounting, or Business Administration preferred

Tools

Microsoft Office

Excel

Job description

Our story is simple: we’re a real estate company focused on epicenters of innovation for media and tech. That was our Chairman and CEO Victor Coleman’s vision when he founded the company in 2006. He began building a seasoned team, purchased two Hollywood studio lots, and dramatically expanded our California office footprint by taking the company public in 2010.

Today, from our Los Angeles headquarters, to Silicon Valley, to San Francisco, to Seattle, to Vancouver and beyond, we own, transform, build and operate marquee office and studio properties. Fortune 500, premier growth companies and groundbreaking start-ups, with an emphasis on those in the media and tech industries, call these properties home. Our expertise and our industry relationships enable us to access markets and assets ahead of the curve. We concentrate on where the talent is and wants to be—just like our tenants and clients. We work closely with them to find and create the perfect environment, and to provide the services that enable their employees to thrive.

We build, we create value and we’re always looking towards what’s next.

Job Summary:

The Property Accountant is responsible for overseeing the financial reporting and accounting activities for an assigned portfolio of properties. This role works closely with property management teams to ensure financial information is accurate, timely, and prepared in accordance with Generally Accepted Accounting Principles. The Property Accountant develops a strong understanding of property operations and serves as a key accounting partner by providing clear communication, financial insight, and support that helps property teams make informed business decisions.

What You'll Do:

• Prepare monthly financial statements, reports, and records by collecting, analyzing, and summarizing account information

• Research and answer Property Managers’ questions regarding tenant statements

• Reviews and approves work such as tenant credit memos, non-recurring tenant billings and questionable cash receipts for entry by Accounts Receivable Accountant.

• Prepares tenant account analysis and reconciliations when tenants dispute charges to their accounts

• Reviews documents such as cash receipts, tenant billings, move-outs and lease documentations substantiating business transactions

• Review accounts receivable aging for delinquencies, cash applications, and prepaid rent applications

• Process tenant refunds and deliver to Accounts Payable department

• Prepare Rent Statements and distribute to the property management team to ensure the following month’s recurring charges and past due charges are accurate

• Calculate and enter monthly contract item accruals such as janitorial, security, engineering, and utility expenses to match expenses to the period incurred and review the trial balance for reversing of same entries in the next accounting period

• Work with the Project Accounting team to ensure depreciation and amortization of fixed assets, tenant improvements, and leasing commissions are recorded correctly

• Consult with property staff as to general ledger coding for payables, tenant improvements, cash receipts applications, and budget variances

• Ensure all appropriate reviews and approvals are completed before processing data into the accounting system

• Prepare balance sheet tie-out to balance the general ledger and sub-ledgers

• Reconcile bank accounts to general ledger

• Record and maintain straight-line adjustment schedules

• Assist with annual CAM reconciliations and the proceeding years' estimated CAM reconciliations

• Participate in monthly accounts receivable and variance meetings

• Miscellaneous duties as assigned

What You'll Need:

• Bachelor's degree in Finance, Accounting, or Business Administration preferred

• Minimum 2-3 years of general accounting experience required

• Real estate experience required

• A good understanding of accounting principles and processes

• Strong computer skills, including Microsoft Office with a high level of ability with Excel functions, shortcuts, and formulas.

• Strong focus on customer interaction and satisfaction; ability to maintain and establish effective relationships with internal and external customers

• Strong written and verbal communication skills to write memos and reports, and interact verbally with internal and external clients

• Strong organizational and research skills, solid attention to detail, high accuracy, problem solving, and decision-making

• Desire to grow and develop both professionally and personally

• Proactive stance toward learning, workload completion, best practices, and communication

• Team player, with a collaborative approach

• Nimble learner who will be able to take on a property portfolio with minimal supervision

Hudson Pacific Properties is proud to be an Equal Opportunity employer. We consider all qualified applicants for employment without regard to race, color, religion, creed, sex, gender identity or expression, national origin, age, disability, medical condition, marital status, sexual orientation, genetic information, protected veteran status, or any other basis protected by applicable law, including federal, state, and local fair chance laws.

Employment is contingent upon completion of applicable screenings in accordance with local laws.

The company uses E-Verify to confirm the identity and employment eligibility of all new hires.

If you require a reasonable accommodation during the application or hiring process, please notify us at [e-mail] so we can support you throughout the recruitment experience.