Join to apply for the Senior Property Accountant role at Westcore 3 weeks ago Be among the first 25 applicants Join to apply for the Senior Property Accountant role at Westcore This range is provided by Westcore . Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $85,000.00/yr - $100,000.00/yr Company Overview Westcore is a fully-integrated commercial real estate investment company with institutional scale and capabilities, that operates with the speed and adaptability of opportunistic entrepreneurs. Westcore has a dynamic track record of real estate investing going back to its founding in 2000. We focus on well-located industrial properties in the United States. We are a vertically integrated company with expertise in all facets of real estate investment management: acquisitions, finance, asset management, leasing, construction and building operations. To better support our Accounting Department and the anticipated doubli ng of our portfolio over the next few years, Westcore is looking for an experienced Senior Property Accountant . Position Summary The Senior Property Accountant is responsible for the preparation of accounting for all transactions within legal entities assigned, ensuring all transactions are recorded in accordance with current GAAP and/or tax guidance as well as within company policies and procedures. This includes the preparation of all property accounting transactions including purchases, sales, basis allocations, operating and fixed assets additions/deletions, NNN billings/reconciliations, fair market value analyses, forecasting, budgeting, and all other types of financial information/analysis within the company’s property portfolio. Core Roles & Responsibilities Responsible for preparation of all monthly accounting entries related to assigned properties, including revenue, operating expense accruals, debt, and depreciation. Prepare and analyze financial reports related to assigned properties, including lender and investor reports. Work closely with the property management team to perform various tenant/lease related functions such as new lease setup and annual CAM reconciliation calculations. PRIMARY DUTIES: (The below list is not comprehensive, and priorities will change on a day to day basis) Review and approve invoices in paperless processing system for assigned properties. Work with property managers to process monthly tenant billings. Prepare journal entries and balance sheet reconciliations as part of the monthly close process. Assist with coordinating multiple audits of company financial statements. Assist in preparing annual budgets for each property and analyze variance to budget monthly. Prepare loan draws Requirements Bachelor’s degree required. Minimum of two (2) years of financial accounting and reporting experience. Prior work experience with a public accounting firm required; Big Four accounting firm experience a plus. Real estate accounting experience preferred. Extensive working knowledge of Generally Accepted Accounting Principles (GAAP). Experience with Yardi (or equivalent mid- to large- tier ERP System) preferred. Understanding of policy and procedure implementation and internal control documentation. Strong interpersonal skills are needed. Strong attention to detail
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