Job Description
ROLE OVERVIEW
Woodmont is seeking aCorporate & Property Accountantwho thrives in a fast-paced environment and is excited to support both strategic financial operations and day-to-day accounting functions across our corporate and multifamily portfolios. This role is integral to supporting our executive team with reporting, insights, and process improvements while also managing the financials of multiple multifamily properties.
RESPONSIBILITIES
• Responsible for the preparation of monthly financial statement packages for several entities and owners with various deadlines throughout the month.
• Monthly review of multiple property financial statements. Due dates range from the 4th business day through the 25th of each month; 25% of F/S reviewed every month is shared with the CFO.
• Process day to day corporate transactions in accordance with GAAP utilizing RealPage software.
• Property management fee collection and recording in RealPage and in Excel.
• A/R billing for property bill backs.
• Check scanning to bank for all corporate cash receipts.
• Accounts Payable processing for all corporate entities: coding, workflow coordination and payment of all corporate invoices utilizing both RealPage and AvidXchange.
• Prepare and analyze all monthly and annual reports supporting schedules for four corporate entities.
• Scheduled monthly preparation of all regular and ad hoc management reports (due by the 20th every month).
• Prepare monthly corporate budget variance report for 4 corporate entities.
• Evaluate significant accounting transactions; research and implement relevant accounting technical standards.
• Bank reconciliations for all corporate entities and payroll accounts.
• Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
• Generate financial reports for internal and/or external stakeholders.
• Ensure accurate and timely reporting of financial information.
• Manages cash flow and cash requirements for four corporate entities.
• Manages and creates various reports utilizing the payroll system (Ultimate Payroll) and providing detailed analysis on specific properties and/or employees.
• Manages the auditing process by collaborating with external auditors and providing information to support the annual tax return, audit and review.
• Oversee and prepare four annual corporate entity budgets.
• Assists the CFO with calculating year end Shareholder distributions and maintain appropriate worksheets.
• Monitor and maintain shareholder ownership schedules, options and note receivables.
• AvidXchange Administrator for all corporate entities. Work with CFO to determine best practices for better paperless invoice processing to reduce corporate to property billbacks.
• Any other responsibilities that may be assigned from time to time
This position works closely with our on-site Property Managers, Regional Managers, and A/P Specialists.
QUALIFICATIONS
Professional Experience
• A minimum of five (5) years of previous accounting experience. Knowledge of multifamily property accounting and lease analysis. Solid understanding of Common Area Maintenance (CAM - recoveries/billbacks) calculations.
Skills/Competencies
• Language Ability: Strong oral and written communication skills.
• Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
• Computer Skills: Must have excellent computer skills including advanced knowledge of Excel (Vlookups, pivot tables, IF formulas), Google Suite, and Microsoft Office. A minimum of 2 years of accounting software experience. RealPage, AVID, and UKG experience is a plus.
• Mathematical Skills: Strong mathematical skills required. Ability to calculate figures and amounts such as discounts, interest, bonuses, proportions, percentages. Ability to apply concepts such as fractions, percentages, and proportions to practical situations. Basic accounting principles.
Education
• Requires a minimum of a 4-year degree, preferably in Business/Accounting or a bachelor’s degree with relevant work experience
• CPA or progress toward obtaining CPA certification preferred.
COMPENSATION, BENEFITS & PERKS
BENEFITS & PERKS
Generous Health Benefits
We provide medical, dental, and vision plans with options for flexible spending accounts (FSA) and health savings accounts (HSA).
Flexible Vacation & Time Off
Rest and Recharge with a generous PTO plan and 10 company holidays, in addition to your standard Sick time.
Personal & Mental Wellbeing
We provide all of our employees with access to our Employee Assistance Program (EAP) to help support our team that needs additional support outside of the office.
Financial wellness
We provide 401K retirement plans for employees as well as guaranteed life insurance and short- and long-term disability coverage. We will match up to a discretionary 10% of the employee contributions, subject to change.
Extra work/life benefits
We provide a number of additional perks for employees, like monthly stipends for mobile plans and Commuter Assistance.
Dynamic, Collaborative, and Engaging Culture
As one of the premier property management firms in North California, we’re constantly communicating, creating, and advocating for new ways to work together and do business. We believe our jobs are made better when everyone operates with transparency, integrity, excellence and works as a team to support each other and the overall goals of the organization.
COMPENSATION
Woodmont Real Estate Services has detailed the expected annual base salary for this role to be$90,000-105,000 annually.
This does not include any other potential components of the compensation package, including the benefits and perks outlined above. At the launch of each position, we benchmark compensation to the appropriate role utilizing competitive compensation data from various data sources as references. We use the signals we received from our interviews coupled with your experience, location, and other job-related factors to determine final compensation.
ABOUT US
Woodmont Real Estate Services is a premier asset and property management company, we're proud to offer Northern California over 50 years' experience managing a diverse portfolio of commercial and multifamily properties. We're renowned for our hands-on management approach, marketing know-how and in-depth knowledge of submarkets throughout the region. It's what's allowed us to create unique strategies that are truly custom to each property.
Our mission: To add value to our clients by providing superior service to all who live and work at the properties we manage. To achieve this goal, we create an exceptional professional environment for all associated with our organization.
All are welcome here.We respect and honor differences in gender, race, age, faith, ethnicity, sexual orientation, and gender identity. Because we all thrive when our differences are valued.
Values:Integrity, Excellence, Respect, Loyalty, Diligence, Teamwork
EQUAL OPPORTUNITY EMPLOYER
Woodmont Real Estate Services is proud to be an equal-opportunity employer. We provide employment opportunities regardless of age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected class. Each individual at Woodmont Real Estate brings their own perspectives, work experiences, lifestyles, and cultures with them, and we believe that a more diverse team creates more innovative products, provides better services to customers, and helps us all grow and learn.
Woodmont is an E-Verify employer and will provide your Form I-9 information to the authorized government agency to confirm that you are authorized to work in the U.S. For more information, please visit E-Verify.