Senior Accountant - Lease Accounting, Administration & Analysis

Kinsley Power Systems; Pasadena (CA); On-site; USD 73,000 - 90,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

Kinsley Power Systems in Pasadena, CA seeks a Senior Accountant to support Lease Accounting, Administration & Analysis with a focus on revenue recognition, financial reporting, and process improvements. You will work across Accounting and Asset Services to provide robust financial analysis and support for audits and SEC filings.

The role requires a Bachelor's in accounting or related field, 3+ years in accounting, and strong technical accounting skills; CPA is preferred.

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration, or related field is required.
• CPA designation preferred.
• Minimum 3 years of accounting experience required.
• Strong technical accounting skills required.
• Public accounting experience is highly preferred.

Responsibilities

• Perform day-to-day accounting for Lease Accounting, Administration & Analysis function, including revenue recognition for leases.
• Monitor active leases and perform technical accounting research on complex leases.
• Assist with above- and below-market lease calculations for acquired leases.
• Prepare monthly straight-line rental revenue reconciliations and analyses.
• Support CAM reconciliations and lease abstracts for operating expense recoveries.
• Contribute to monthly/quarterly accounting reporting packages for executives and SEC filings.

Skills

Technical accounting

Analytical thinking

Communication skills

Self-motivated

Independent work

Attention to detail

Time management

Education

Bachelor's degree in Accounting, Finance, Business Administration, or related field

CPA designation (preferred)

Tools

Microsoft Excel

Yardi

Job description

Join a company where your accounting expertise directly supports one of the nation's leading real estate portfolios. We're looking for a Senior Accountant who thrives in a collaborative, fast-paced environment and enjoys solving complex accounting challenges. This is an excellent opportunity for a technically strong accounting professional who wants to make an impact while partnering with cross-functional teams across the organization.

As a key member of our Lease Accounting, Administration & Analysis team, you'll play an integral role in revenue recognition, financial reporting, technical accounting, and process improvement initiatives. If you're detail-oriented, analytical, and passionate about delivering accurate financial information, we'd love to hear from you.

Essential Duties and Responsibilities

• Perform the day-to-day accounting for the Lease Accounting, Administration & Analysis function, including but not limited to:
  • Accounting for revenue recognition of new and amended leases.
  • Proactively assist with monitoring many active leases.
  • Perform technical accounting research related to complex leases and lease terminations.
  • Assist with technical accounting research and preparation of above- and below-market lease calculations for acquired leases.
  • Track lease deliveries for GAAP rent recognition.
  • Prepare rental revenue assumptions for annual budgets.
  • Prepare monthly straight-line rental revenue reconciliations and fluctuation analyses.
  • Prepare tenant recovery and rental revenue fluctuation analyses.
  • Reconcile general ledger accounts to subledgers and supporting schedules.
• Partner across Accounting and Asset Services teams to provide accounting and financial analysis support, including:
  • Assist with lease abstracts related to operating expense recoveries.
  • Support the year-end CAM reconciliation process.
  • Resolve lease-related accounting inquiries and provide guidance to internal stakeholders.
• Assist with the preparation of monthly and quarterly Accounting Reporting packages for executive management review.
• Contribute to the preparation of SEC filings, including Forms 10-Q and 10-K, as well as quarterly supplemental reporting.
• Participate in process improvement initiatives that enhance efficiency and strengthen internal controls.
• Support internal and external audit requests.
• Contribute to departmental goals, strategic initiatives, and special projects.

Qualifications & Experience:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• CPA designation preferred.
• Minimum of 3 years of accounting experience required.
• Strong technical accounting skills required.
• Public accounting experience highly preferred.
• Experience with lease accounting and/or commercial real estate highly preferred.
• Technical accounting research skills are a plus.
• Proficiency in U.S. GAAP and technical accounting.
• Advanced Microsoft Excel skills and proficiency with Microsoft Office applications.
• Yardi accounting software experience preferred.
• Excellent communication and interpersonal skills with the ability to build relationships across multiple teams.
• Self-motivated with the ability to work independently while collaborating effectively within a team.
• Strong analytical and problem-solving abilities with exceptional attention to detail.
• Ability to manage competing priorities and meet deadlines in a fast-paced environment.

The expected base hourly wage range for this position is $ 52.88 to $64.90 USD hourly, plus an annual discretionary bonus. This hourly wage range is an estimate, and the actual hourly wage may vary based on the consideration of many factors, which may include, but are not limited to: the individual’s knowledge, experience, education, qualifications, skills, job location, and the Company’s compensation practices.