Optimus Property Management, Inc. · 3 months ago
Offshore Commercial Senior Accountant
United States
Full-time
Remote
Senior Level
$2,000/mo - $2,000/mo
5+ years expOptimus Property Management, Inc. is seeking a Senior Commercial Accountant to manage financial records and ensure accurate reporting using AppFolio software. This role is vital for maintaining the organization's financial health by overseeing financial activities in the property portfolio and preparing various financial reports and audits.
Asset ManagementLeasingLendingProperty Management
Responsibilities
Prepare and analyze monthly, quarterly, and annual financial reports for multiple properties
Conduct cash flow analysis and support calculations such as Cash-on-Cash Return and IRR (preferred, not required)
Reconcile and analyze general ledger accounts
Perform month-end and year-end closing procedures to ensure accurate financial reporting
Oversee and approve accounts payable and receivable
Reconcile bank accounts and other ledgers, resolving discrepancies in a timely manner
Set up new leases in accounting systems
Review and interpret lease agreements to ensure accurate billing and compliance
Maintain tenant ledgers and support collections and lease administration
Prepare annual and interim CAM reconciliations
Conduct and support CAM audits
Develop and manage property-level budgets and forecasts
Explain budget-to-actual variances and assist in capital call planning
Manage accounting for property acquisitions and dispositions
Lead new property onboarding and data integration into financial systems
Prepare monthly/quarterly investor distributions, including relevant documentation
Assist with non-resident tax filings and general tax compliance support
Provide documentation and support for internal and external audits
Ensure compliance with all relevant accounting standards and lease terms
Participate in special projects, process improvements, and cross-departmental initiatives as needed
Qualification
Required
Minimum 5 years of experience in commercial or retail property management accounting
Strong knowledge of CAM reconciliations and audits
Advanced Excel skills and familiarity with property accounting software (Appfolio)
A bachelor's degree in accounting, finance, or a related discipline
Preferred
Experience with due diligence projects and property acquisitions/dispositions
Proficiency in budgeting, forecasting, and forensic accounting
Excellent understanding of lease interpretation and its financial implications (e.g., NNN/Base Year CAMs)
Conduct cash flow analysis and support calculations such as Cash-on-Cash Return and IRR
Benefits
40 hours of paid sick leave after the first 90 days
Company
Optimus Property Management, Inc.
Headquartered in Los Angeles, California, Optimus Properties, LLC and Optimus Property Management, Inc.
11-50 employees
Funding
Current Stage
Early StageRecent News
L.A. Business First
2024-12-17
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