Staff Accountant

Omninet Capital; Beverly Hills (CA); On-site; USD 60,000 - 90,000; Full time

Job summary

Omninet Capital in Beverly Hills, CA is seeking a Staff Accountant to join our Accounting team. This role supports both Construction Accounting and Corporate Accounting within our real estate investment and property management platform.

Reporting to the Controller, you will assist with month-end close, job cost entries in Yardi, financial reporting, and treasury support. Ideal candidates are detail-oriented, well-organized, and able to manage multiple priorities in a fast-paced environment.

Qualifications

• Bachelor's degree in Accounting or Finance from an accredited college or university.
• 2–4 years of accounting experience; real estate accounting experience is a plus.
• Strong attention to detail with excellent organizational and analytical skills.
• Proficiency in Microsoft Excel.
• Experience with Yardi is preferred but not required.
• Excellent written and verbal communication skills.
• Self-motivated, adaptable, and able to manage multiple priorities in a fast-paced environment.
• Strong work ethic, professionalism, and teamwork.

Responsibilities

• Prepare journal entries and account reconciliations.
• Assist with monthly financial close and reporting.
• Maintain construction job cost accounting records in Yardi.
• Process treasury-related tasks and wire transfers.
• Support accounts receivable activities for corporate, commercial, and residential entities.
• Collaborate with Construction, Property Management, Operations, and Finance teams.

Skills

Detail-oriented

Organizational skills

Analytical skills

Verbal and written communication

Multitasking

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

Yardi

Job description

Omninet Capital is seeking a detail-oriented and motivated Staff Accountant to join our Accounting team in Beverly Hills, CA. This role provides an excellent opportunity for an early-career accounting professional to gain hands-on experience supporting both Construction Accounting and Corporate Accounting within a vertically integrated real estate investment, development, and property management company.

Reporting to the Controller, the Staff Accountant will assist with construction job cost accounting, corporate accounting operations, month-end close activities, treasury support, and various financial reporting responsibilities. The ideal candidate is eager to learn, highly organized, and thrives in a fast-paced, collaborative environment.

Key Responsibilities

Construction Accounting

• Assist with month-end, quarter-end, and year-end close activities related to construction job cost accounting.
• Review job cost transactions for accuracy and prepare journal entries and job cost adjustments in Yardi.
• Generate monthly job cost reports and support financial reporting packages.
• Update cash flow tracking for capital improvement (CapEx) and tenant improvement (TI) projects.
• Process and post construction management fees.
• Analyze and prepare reclassifications for construction-related transactions.
• Assist with year-end capital expenditure accruals.
• Support the Controller with capital project analysis and tax reporting related to tangible property regulations.
• Create and maintain construction jobs, contracts, and budgets within the Yardi Job Cost module.
• Coordinate with Construction and Operations teams on new projects, budget revisions, and job status updates.
• Track project budgets, timelines, and tenant improvement work.
• Review, code, and verify construction invoices before submitting to Accounts Payable.
• Monitor tenant improvement overages, prepare tenant billings, and process reimbursement requests.
• Prepare construction and job cost reports for internal departments and external partners.
• Support the annual capital budgeting process by creating jobs, tracking budget changes, and monitoring undisbursed project costs.

Corporate Accounting

• Support accounts receivable activities for corporate, commercial, and residential entities.
• Process corporate billbacks and related accounting transactions.
• Track management fees and coordinate property reimbursements.
• Process wire transfers and assist with treasury-related activities.
• Assist with forming and maintaining legal entities and corporate records.
• Monitor and process unclaimed property filings.
• Support property tax appeal administration.
• Assist with external audits, 401(k) audits, workers' compensation audits, and other compliance activities.
• Support quarterly distributions and other accounting projects as assigned.

General Accounting

• Prepare journal entries and account reconciliations.
• Assist with monthly financial close and reporting processes.
• Maintain accurate accounting records and supporting documentation.
• Collaborate with cross-functional teams including Construction, Property Management, Operations, and Finance.
• Identify opportunities to improve accounting processes and internal controls.
• Perform additional accounting and administrative duties as assigned.

Qualifications

• Bachelor's degree in Accounting or Finance from an accredited college or university.
• 2-4 years of accounting experience; internship or real estate accounting experience is a plus.
• Strong attention to detail with excellent organizational and analytical skills.
• Proficiency in Microsoft Excel.
• Experience with Yardi is preferred but not required.
• Excellent written and verbal communication skills.
• Self-motivated, adaptable, and able to manage multiple priorities in a fast-paced environment.
• Strong work ethic, professionalism, and commitment to accuracy and teamwork.

Why Join Omninet?

This is an excellent opportunity to build a strong foundation in both construction and corporate accounting while working alongside experienced professionals in a collaborative environment. You'll gain exposure to a wide range of accounting functions across a vertically integrated real estate platform, offering valuable experience and long-term career growth.