Commercial Property Accountant

Corporate Office in Belmont, F/T (40 hours)

The Financial Services Department of one of the largest private third party property management company on the SF Peninsula is searching for a Commercial Property Accountant to join our team. We are seeking someone who has 0-1 year of experience in commercial property accounting and is looking for an opportunity to learn, grown and be challenged. We are never bored, our business is always evolving. This position is located in the Belmont corporate office and reports to the Commercial Accounting Manager.

Responsibilities include:

  • Maintain separate general ledgers for each assigned property. Properties are processed in a variety of ways: cash basis only, accrual basis only or both cash and accrual basis. The number of assigned properties is dependent upon the complexity of the property accounting, CAM, the type of building and the number of tenants. Each Property Accountant may process up to 15 separate financial statements each month for different ownership entities.
  •  Maintain tenant database:
    – Input lease abstracts (new leases and amendments).
    – Input cash receipts.
    – Input tenant charges and changes/adjustments.
    – Process move-outs and security deposit refunds.
    – Prepare estimated and actual CAM reconciliations (quarterly and annually).
    – Review rent rolls and delinquency reports.
    – Process monthly tenant statements for mailing to tenants
  • Handle general accounting: review A/P Prelim report for coding and description accuracy, G/L account analysis, journal entries, bank recs, management fee calculations, reconciliation of scheduled rent to actual rent billed, amortization and depreciation schedules if required.
  • Maintain cash records for each property and perform cash management functions.
  • Prepare monthly financial statements for property owners based upon their individual reporting requirements. Meet due dates which range from the 4th business day through 25th of each month.
  • Daily interface with property and regional managers. Work closely with other commercial property accountant team members and our A/P Specialists.
  • CAM reconciliations are done using a variety of methods: primarily in MRI but a few in Excel.
  • Maintain property files including insurance, property tax and mortgage documentation on Excel for prepaid, accrued and amortization.

Requirements:

  • 4 year Accounting degree is required.
  • At least 1 year of property accounting experience would be helpful but is not required.
  • Software used: MRI.  Must have Excel knowledge at intermediate level.

We offer a competitive compensation and benefits package. Benefits include medical, dental, vision, life, 401(k) plan, plus more!

For consideration, please submit your resume by completing the form below or downloading the application here.

Woodmont is an affirmative action, equal opportunity employer. We do not discriminate on the basis of race, color, religion, national origin, sex, age, creed, ancestry, disability, or any other personal characteristic protected by federal, state or local law.




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Corporate Information
info@wres.com

Employment Opportunities
careers@wres.com

Residential Leasing
multifamily@wres.com

Commercial Leasing
commleasing@wres.com

Corporate
Headquarters

1050 Ralston Avenue
Belmont, CA 94002
Tel: 650 592 3960

Sacramento
Office

1851 Heritage Lane, Ste. 230
Sacramento, CA 95815
Tel: 916 924 7587

Santa Rosa
Office

3883 Airway Drive, Ste. 125
Santa Rosa, CA 95403
Tel: 707 569 0582