Senior Accountant - Joint Venture

Senior Accountant - Joint Venture

Location Pasadena, CA

Job Function Accounting

Employment Status Regular, Full-Time, Non-Exempt

We are seeking a Senior Accountant to join our Pasadena office and play an important role in the accounting and financial management of a portfolio of commercial real estate joint ventures. This position offers a broader range of responsibilities than in a traditional property accounting role, with exposure to joint venture partners, executive management, technical accounting matters, financial reporting, and cross-functional business teams.

The ideal candidate is a highly analytical and detail-oriented accounting professional who thrives in a collaborative, fast-paced environment. This individual will take ownership of the day-to-day accounting for an assigned portfolio while developing a strong understanding of the underlying real estate operations and providing meaningful financial insights to internal and external stakeholders. For a motivated accounting professional, this role provides broad exposure across joint venture accounting, financial reporting, real estate operations, and technical U.S. GAAP accounting.

• Manage the day-to-day accounting and financial activities for a portfolio of commercial real estate joint venture properties

• Analyze monthly property-level income statement and balance sheet trends, investigate fluctuations, and identify key financial drivers

• Reconcile general ledger accounts to sub-ledgers and supporting schedules to ensure accurate and timely financial reporting

• Perform monthly bank reconciliations

• Partner closely with Asset Services teams to provide accounting and financial analysis, including evaluating property operating results and leasing activity, reviewing operating budgets, and resolving tenant-related inquiries

• Assist with the preparation and analysis of monthly and quarterly joint venture reporting deliverables for executive management

• Prepare quarterly and annual debt compliance packages

• Research and analyze technical accounting matters, including consolidation, lease accounting, and project cost accounting, and apply U.S. GAAP guidance to business transactions

• Participate in process improvement initiatives, internal and external audit requests, departmental projects, and other strategic accounting initiatives

• Serve as a key accounting liaison between Alexandria and external joint venture partners, building and maintaining productive partnership relationships

• Prepare and present cash flow projections to executive management and joint venture partners and manage capital funding requirements and distributions

• Partner with Asset Services to deliver annual property budgets to joint venture partners

• Respond to partner inquiries and provide timely, accurate financial information and analysis

• Prepare monthly joint venture partner reporting packages, including financial analytics, fluctuation analyses, operational overviews, and executive summaries

• Prepare stand-alone audited financial statements and coordinate directly with external auditors to successfully complete annual audits

• Stay current on new accounting pronouncements and evaluate their potential impact on joint venture financial statements and accounting practices

• Provide financial reporting support for the preparation of the Company’s quarterly and annual SEC filings, including Forms 10-Q and 10-K, as well as quarterly supplemental reporting

• Bachelor’s degree in accounting, finance, or a related field required

• CPA or progress toward CPA certification preferred

• At least years of relevant accounting experience required

• Public accounting…