Property Accountant Newport , CA

Property Accountant

We are looking for an experienced Property Accountant to oversee financial operations for commercial properties in Newport Beach, California. This role involves managing financial reporting, audits, budgeting, and compliance while ensuring accurate and timely accounting processes. The ideal candidate will possess strong analytical abilities and a thorough understanding of property management accounting.

Responsibilities:

• Prepare and analyze monthly and annual financial reports, ensuring accuracy and compliance.

• Manage cash flow and oversee day-to-day financial transactions for assigned commercial properties.

• Complete month-end journal entries, including accruals and depreciation, and generate required reports.

• Conduct detailed financial variance analyses and present findings to management.

• Collaborate with property management teams to provide training and support on accounting procedures.

• Review and manage accounts payable and receivable, resolving discrepancies and ensuring timely payments.

• Facilitate year-end audit processes by preparing audit packets and addressing auditor requests.

• Work closely with management teams to develop and upload annual budgets.

• Submit monthly compliance reports and ensure adherence to relevant regulations.

• Maintain organized financial records, including invoices, vendor information, and payment processing documentation.