Senior Accounting Manager

Our Los Angeles client is seeking is seeking a Senior Accounting Manager for a newly created position, due to growth at the company. You will report to the Vice President of Financial Reporting, and will maintain accurate financial records and drive success across a diverse property portfolio. This role is divided into 40% technical and 60% operational accounting.

What you will do:

Technical Accounting:

• Lead implementation and application of new accounting pronouncements relevant to the real estate industry.
• Provide technical guidance on complex accounting issues including revenue recognition, lease accounting, and fair value assessments.

Financial Oversight and Review:

• Provide leadership and guidance to the Property Accounting Department.
• Review property-level financial statements for accuracy and compliance with GAAP. (No actual property accounting is performed in this role.)

Financial Reporting:

• Prepare and analyze monthly, quarterly, and annual consolidated financial statements.
• Generate insightful management reports to support strategic decision-making.

Budgeting and Forecasting:

• Assist in the development and monitoring of annual budgets and forecasts.
• Provide oversight in variance analysis and recommend corrective actions.

Cash Flow Management:

• Manage cash flow projections and optimize working capital.
• Collaborate with project teams to ensure accurate reporting of construction and development costs.

Process Improvement:

• Identify opportunities for process optimization and implement efficiency improvements within the accounting function.

What you need for success:

• Bachelor's degree in Accounting or Finance; CPA designation (or close to) required.
• 5-8 years of experience in technical accounting within the real estate industry.
• Strong knowledge of GAAP and relevant accounting standards (e.g., ASC 606, ASC 842).
• Previous experience in a managerial role, leadership and team management skills.
• Exceptional analytical and problem-solving abilities.
• Proficiency in accounting software and advanced knowledge of Microsoft Excel.
• Excellent communication skills, with the ability to convey complex financial information effectively.

*Please note, we are focusing on local candidates only at this time to expedite the process.