Primestor Development · 3 days ago
Senior Property Accountant
Culver City, CA
Full-time
Hybrid
Mid, Senior Level
$90K/yr - $105K/yr
7+ years expPrimestor Development is a vertically integrated real estate company focused on creating value in communities through investment, development, and operations. The Senior Property Accountant is responsible for managing property level accounting and financial analysis for an assigned portfolio, including overseeing financial statements and budget preparation.
Real Estate
Hiring Manager
Allison M. Lynch
Responsibilities
Responsible for the property level accounting functions and financial reporting for assigned portfolio. Accounting and financial reporting is performed in accordance with Generally Accepted Accounting Principles (GAAP)
Prepare month-end property level financial statements, special purpose entity financial statements, straight line rent calculations, reconciliations and analysis, month-end accruals, journal entries, variance analysis, budget calculations, CAM estimates, annual reconciliations, tenant billings and other property level accounting functions
Perform budget-to-actual analysis, including preparation of monthly and quarterly reporting packages with supporting schedules of balance sheet accounts and explanations of significant variances in income statement accounts
Maintain and reconcile general ledger and balance sheet accounts to ensure accuracy and completeness
Assist with the annual budgeting and monthly forecasting process; provide input during budget review meetings to ensure accuracy and alignment with organizational goals
Review annual CAM reconciliations for the assigned portfolio; ensure accuracy and timely completion in accordance with company deadlines
Coordinate with Asset Management, Property Management, and other departments to ensure that property-level budgets are prepared accurately and submitted within required timeframes
Prepare documentation and schedules for external auditors in support of annual audit and tax requirements
Assist with corporate-level portfolio analysis, including allowance for doubtful accounts, asset retirement obligations, lease incentive accounting, and other accounting matters
Contribute to process improvement initiatives, identifying efficiencies in property accounting and reporting
Provide superior, cooperative, and excellent client interface and service
Contribute to the growth of the Company
The description noted above is not designed to cover all activities, duties or responsibilities that are required. Other duties, responsibilities and activities may change or be assigned at any time with or without notice
Enhance, cultivate, and add meaning in your own professional and personal skills
Qualification
Required
Bachelor's degree in accounting or in any similar field
Must have strong accounting skills with in-depth knowledge of US GAAP and real estate accounting
Must have strong analytical ability: understands details as well as big picture; provides meaningful conclusions
Must have strong management and supervisory skills; able to provide results under tight deadlines
Must have experience with operating budgets, financial reporting, monthly variance analytics, A/P, A/R, Bank Reconciliation and CAM processes
Must possess strong verbal, written and reading comprehension skills and be able to communicate effectively
Must be self-directed, motivated, analytical, logical in problem solving and focused on continuous improvement
Highly proficient in Excel and proficiency in Microsoft Word
Minimum of 7 years' experience in property management utilizing property management accounting software systems, preferably Yardi Voyager
Benefits
Health insurance
401k plan
Opportunities for professional development
Company
Primestor Development
Primestor Development is a real estate company that provides property administrative, management, and development services.
11-50 employees
H1B Sponsorship
Primestor Development has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
Funding
Current Stage
Early StageLeadership Team
Allison M. Lynch
Chief Operating Officer
Company data provided by crunchbase