Part Time
$480
10
Dec 17, 2024
Commercial Real Estate Property Accountant
Location: Remote (Properties and Company HQ in California, USA)
Employment Type: Part-Time with the ability to move to Full-Time in the future
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About Us:
Cast Capital Partners is a leading commercial real estate firm specializing in leasing, sales, management, development and ownership of commercial and multifamily real estate primarily in Southern California. We pride ourselves on delivering exceptional service to our clients and maintaining operational excellence across our property portfolio. As we continue to grow, we are seeking a detail-oriented and skilled Property Accountant to join our dynamic team and support our operations remotely.
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Position Overview:
The Property Accountant will be responsible for managing the financial operations of a portfolio of commercial properties. The role includes preparing monthly property-level financial reports, performing CAM (Common Area Maintenance) reconciliations, lease abstracts, and maintaining accurate records within Yardi. The ideal candidate will have strong analytical skills, attention to detail, and at least 2 years of property accounting experience using Yardi. This is a fully remote position, and candidates must be able to collaborate effectively across different time zones.
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Key Responsibilities:
- Prepare and analyze monthly financial statements for assigned properties, ensuring accuracy and timeliness.
- Perform monthly bank reconciliations and ensure all transactions are properly recorded.
- Conduct year-end CAM reconciliations, including analyzing expenses and tenant billings.
- Review and reconcile tenant accounts, ensuring proper application of rent, operating expenses, and other charges.
- Maintain and update financial records within Yardi, ensuring data integrity.
- Assist in budgeting and forecasting processes for assigned properties.
- Collaborate with property managers, leasing teams, and U.S.-based accounting teams to provide financial insights and support property operations.
- Manage accounts payable and receivable processes, including coding invoices and processing tenant payments.
- Support the preparation of audit requests and financial reporting for internal and external stakeholders.
- Identify and resolve discrepancies in financial data promptly.
- Post monthly journal entries, including rental revenue, CAM accrual, and direct tenant billings; monthly operating expense accruals; and other operating expense accruals.
- Complete reconciliations for A/P, A/R, GL, cash, bank, and credit accounts.
- Adjust work schedules to align with U.S. business hours as required.
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Qualifications:
- Minimum of 2 years of property accounting experience in commercial real estate.
- Proficiency with Yardi Breeze or Voyager (required) and strong Excel skills.
- Experience with CAM reconciliations and property-level financial reporting.
- Strong understanding of general accounting principles and real estate operations.
- Excellent analytical, organizational, and communication skills.
- Ability to work effectively in a remote environment and manage tasks independently.
- Willingness to work overlapping hours with the U.S.-based team.
- High-speed internet connection and a dedicated workspace to ensure efficiency.
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Why Join CAST
- Competitive pay and remote work flexibility.
- Opportunity to gain international work experience with a reputable and growing real estate firm.
- Collaborative and supportive work environment with a focus on excellence and innovation.
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