HR Advantage, LLC
Senior Accountant
HR Advantage, LLC, Los Angeles, California, United States, 90079
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.Job Description
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 AccountantEssential 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.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.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.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.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:
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.Additional Information
All your information will be kept confidential according to EEO guidelines.
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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 AccountantEssential 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.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.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.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.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:
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.Additional Information
All your information will be kept confidential according to EEO guidelines.
#J-18808-Ljbffr