drjobs 1148 Director of Real Estate Accounting

1148 Director of Real Estate Accounting

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1 Vacancy
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Job Location drjobs

Anaheim, CA - USA

Yearly Salary drjobs

$ 165000 - 185000

Vacancy

1 Vacancy

Job Description

Job Description

We are seeking a highly skilled and experienced Director of Real Estate Accounting to join our clients dynamic team a leading mixeduse real estate development company. This role requires a Certified Public Accountant (CPA) with 7 years of relevant experience to lead and manage the accounting function ensuring accurate and timely financial reporting and supporting critical initiatives. The ideal candidate will have a deep understanding of complex real estate accounting including debt ground leases cost allocations intercompany transactions and project accounting.

Responsibilities

Monthly Close & Financial Reporting

  • Oversee and execute the monthly quarterly and annual close processes ensuring all deadlines are met
  • Prepare and review accurate financial statements in compliance with GAAP including consolidation and eliminations
  • Ensure timely submission of financial reporting to stakeholders including management and external parties

Account Reconciliations & Complex Accounting

  • Manage and review account reconciliations for balance sheet and income statement accounts
  • Handle complex accounting areas including: Debt and interest expense accounting
  • Ground lease obligations and reporting
  • Cost allocation methodologies across multiple projects and entities
  • Intercompany transactions including reconciliations and eliminations

Project Accounting & Development Costs

  • Oversee project accounting processes ensuring accurate tracking and allocation of development costs
  • Partner with project managers and development teams to monitor budgets forecasts and actual project expenditures
  • Provide financial analysis and insights for ongoing and completed projects

Critical Initiatives & Process Improvements

  • Lead and support critical initiatives such as system implementations policy updates and process optimizations
  • Develop and maintain accounting policies and procedures to ensure compliance and operational efficiency
  • Identify and address opportunities for improvement in accounting processes and reporting systems

Team Leadership & Collaboration

  • Manage and mentor a team of accounting professionals fostering a collaborative and growthoriented environment
  • Work crossfunctionally with development operations legal and finance teams to provide accounting support for business activities

Compliance & Audits

  • Ensure compliance with applicable accounting standards and regulatory requirements
  • Prepare for and manage internal and external audits providing necessary documentation and support

Skills

  • Bachelors degree in accounting Finance or a related field
  • Masters degree in accounting Finance or Business Administration preferred
  • CPA designation required
  • 7 years of progressive accounting experience with a focus on real estate development or a related industry
  • Proven experience managing the monthly close process and preparing consolidated financial statements
  • Experience with mixeduse real estate projects and largescale developments preferred
  • Strong knowledge of GAAP particularly in areas of consolidation debt ground leases and cost allocation
  • Expertise in intercompany transactions and eliminations
  • Proficiency in accounting software (e.g. Yardi MRI or similar) and advanced Excel skills
  • Exceptional analytical organizational and problemsolving skills
  • Familiarity with Yardi system implementations or upgrades preferred
  • Able to lead and develop a team manage multiple priorities and work collaboratively across departments

Pay Details:

The annual base salary range for this position in California is $165000 to $185000 per year discretionary bonuses benefits. The starting pay for the successful candidate depends on various jobrelated factors including but not limited to the candidates geographic location jobrelated knowledge skills experience education/training internal value peer equity external market demands and organizational considerations.

Knowledge Skills and Experience

Education Bachelors Degree

Certifications Required Certified Public Accountant

Experience Required 7 Years

This position is onsite in the Anaheim HQ


Required Experience:

Director

Employment Type

Full-Time

Company Industry

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