Senior Accountant

Job description

Senior Accountant – Los Angeles, CA The Senior Accountant is responsible for partnerships and investments assigned. This includes the general day-to-day maintenance relating to the assigned partnerships and investments. Responsibilities include: accretion calculations, monthly accruals, repetitive payments, quarterly reporting, cash projections, monitoring of agreements and reporting. This individual will play an important part in designing and implementing ongoing procedural changes and automation initiatives, in a fast paced environment characterized by strict adherence to tight deadlines and dedication to quality control in all aspects of the process. Direct Reports: Staff Accountant Essential Duties and Responsibilities: Loan Accounting Experience in accounting for mortgage and/or commercial loan assets preferred; including interest accrual methodology, fair value. Prior experience in accounting for REO assets helpful Will need to frequently interface with operations to identify when hold/disposition assumptions have changed and accretion adjustments are required Track book versus tax differences Strong interpersonal skills and the ability to communicate with all levels of management Experience with financial Reporting systems (Cognos, Business Objects) and tools highly desirable Strong knowledge of GAAP Read and understand Partnership Agreements Consolidation/Elimination entries Manage monthly expense accruals and payments Monthly and quarterly investor reporting, including any required reporting to JV partners Manage any necessary audits or reviews Cash Management Review daily cash balance report Calculate capital calls and distributions Process deal fundings Maintain cash projections Investment Responsibilities Investment's capitalization Understand deal structure Read and understand all related agreements/documentation relating to the investment Periodic review of investment performance and Company's intent against underwriting Track 3rd party debt Other Responsibilities Monthly management report Supervise staff Invoice coding for A/P department Approval of staff journal entries Investor Requests Other projects as required Qualifications: Bachelor's Degree in Accounting preferred 4-6 years of public and/or loan accounting CPA preferred Skills and Attributes Self starter Excellent oral and written communication skills Highly organized / detail oriented Ability to multi-task Proficient with MS Word and Excel Effective team member Ability to delegate work to staff accountants Ability to work in high paced and dynamic environment We are seeking qualified candidates available to start immediately. All your information will be kept confidential according to EEO guidelines. A leading global real estate and investment management firm headquartered in Los Angeles, California with 14 offices in 10 countries and more than 300 employees. The Company targets attractive risk-adjusted investment returns across a broad range of predominantly real estate equity and debt oriented investment strategies. The Company has elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes.