Senior Accountant

Bardas Investment Group; Los Angeles (CA); Remote; USD 80,000 - 120,000; Full time

Job summary

BARDAS is seeking a Senior Accountant with 3-5 years of real estate accounting experience. The position involves financial management of direct real estate investments, working closely with professionals, ensuring compliance with reporting requirements, and performing financial analysis. This is a remote role that requires proficiency in accounting standards and strong communication skills.

Qualifications

• 3-5 years of relevant accounting experience in real estate.
• Experience with Big 4 public accounting preferred.
• Proficiency in communication and attention to detail.

Responsibilities

• Manage month-end/quarter-end accounting and financial reporting.
• Analyze financial statements of real estate investments.
• Oversee property management compliance and internal controls.

Skills

Financial Analysis

Accounting Standards (GAAP)

Communication Skills

Detail Oriented

Multi-tasking

Education

Bachelor's degree in Accounting

CPA designation

Tools

MS Office

Yardi Voyager

QuickBooks

Job description

Job Summary

BARDAS is seeking a Senior Accountant with approximately three to five years of real estate accounting experience to report to the Controller. The Senior Accountant will assist with the accounting and financial management of a portfolio of direct real estate investments to comply with joint venture, lender and internal reporting requirements. The Senior Accountant will work closely with an experienced group of professionals and be involved in many aspects of real estate financial analysis, accounting, taxation, internal controls, and property management oversight.

Responsibilities

General understanding of real estate investment structures including REITs, mortgage documents, development agreements, partnership agreements, purchase and sale agreements and leases

Month-end/quarter-end/annual accounting, financial reporting and debt covenant compliance of direct real estate assets. Ensuring that all investments are accounted for in accordance with operating agreements as well as GAAP.

Analyzing financial statements and other financial reports of real estate investments

Preparing monthly development draws and JV capital calls

Working closely with the development team to track current project costs against budget, major cost changes, budget reallocations and contingency usage

Reviewing and approving operating budgets for each asset and preparing JV entity budgets

Performing financial due diligence for acquisitions by working with third parties, sellers, JV partners, legal counsel, etc.

Broadly interacting with independent external auditors and tax practitioners to provide information as requested for annual audit, annual tax and quarterly REIT compliance

Oversight of third-party property management to ensure compliance with operating agreements

Identifying and resolving any control issues relating to property management or internal processes

Cash management of upper-tier and corporate level entities

Generating data that is valuable for business management efforts

Special projects regarding assigned portfolio of properties

Qualifications

A Bachelor’s degree in Accounting. CPA designation is strongly preferred

Three to five years of relevant accounting experience within the real estate industry (preferably Big 4 public accounting experience and/or experience working at a real estate investment manager)

Proficiency with real estate investment accounting/industry issues, with a firm understanding of property operations and financial reporting matters

Computer literacy and working knowledge of MS Office (i.e., Excel, Word, Outlook, OneDrive), Adobe Acrobat, Yardi Voyager and QuickBooks

Excellent communication skills (email and verbal) plus demonstrated confidence and ability to communicate with all levels of management

Ability to multi-task, work under pressure, and meet deadlines

Must be extremely detail oriented and demonstrate a high degree of professionalism and self-motivation

This is a remote position.