Westcore
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Senior Property Accountant
role at
Westcore 3 weeks ago Be among the first 25 applicants Join to apply for the
Senior Property Accountant
role at
Westcore This range is provided by Westcore . Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$85,000.00/yr - $100,000.00/yr Company Overview
Westcore is a fully-integrated commercial real estate investment company with institutional scale and capabilities, that operates with the speed and adaptability of opportunistic entrepreneurs. Westcore has a dynamic track record of real estate investing going back to its founding in 2000. We focus on well-located industrial properties in the United States. We are a vertically integrated company with expertise in all facets of real estate investment management: acquisitions, finance, asset management, leasing, construction and building operations.
To better support our Accounting Department and the anticipated doubli ng of our portfolio over the next few years, Westcore is looking for an experienced
Senior Property Accountant .
Position Summary
The Senior Property Accountant is responsible for the preparation of accounting for all transactions within legal entities assigned, ensuring all transactions are recorded in accordance with current GAAP and/or tax guidance as well as within company policies and procedures. This includes the preparation of all property accounting transactions including purchases, sales, basis allocations, operating and fixed assets additions/deletions, NNN billings/reconciliations, fair market value analyses, forecasting, budgeting, and all other types of financial information/analysis within the company’s property portfolio.
Core Roles & Responsibilities
Responsible for preparation of all monthly accounting entries related to assigned properties, including revenue, operating expense accruals, debt, and depreciation. Prepare and analyze financial reports related to assigned properties, including lender and investor reports. Work closely with the property management team to perform various tenant/lease related functions such as new lease setup and annual CAM reconciliation calculations.
PRIMARY DUTIES:
(The below list is not comprehensive, and priorities will change on a day to day basis)
Review and approve invoices in paperless processing system for assigned properties. Work with property managers to process monthly tenant billings. Prepare journal entries and balance sheet reconciliations as part of the monthly close process. Assist with coordinating multiple audits of company financial statements. Assist in preparing annual budgets for each property and analyze variance to budget monthly. Prepare loan draws
Requirements
Bachelor’s degree required. Minimum of two (2) years of financial accounting and reporting experience. Prior work experience with a public accounting firm required; Big Four accounting firm experience a plus. Real estate accounting experience preferred. Extensive working knowledge of Generally Accepted Accounting Principles (GAAP). Experience with Yardi (or equivalent mid- to large- tier ERP System) preferred. Understanding of policy and procedure implementation and internal control documentation. Strong interpersonal skills are needed. Strong attention to detail
MISSION
Utilize our expertise and experience to recognize market inefficiencies, quickly deploy capital and talent to act on opportunities, deliver superior outcomes to stakeholders, and strive for excellence in everything we do.
CORE VALUES
Westcore values its employees and works to create an environment where professional and personal growth can be achieved. We look for motivated individuals who share our commitment to excellence. Our employees are supported by an environment where mentoring is encouraged, and where tools and resources to succeed are readily available. Our company lives by its values, treating each other with respect and consideration at all times.
Integrity: We behave ethically, honestly and respectfully. Excellence: We execute brilliantly. We are accountable for our performance and deliver high quality results. Teamwork: We are a group of people with diverse talents working to produce positive synergistic results. Balance: We work hard while embracing our commitment to family, friends and community. Commitment: We foster a culture of service, responsiveness, accountability, and professionalism.
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Accounting/Auditing and Finance Referrals increase your chances of interviewing at Westcore by 2x Get notified about new Senior Property Accountant jobs in
San Diego, CA . Senior Construction Accountant – WIP + Job Costing Focus
San Diego Metropolitan Area $90,000.00-$100,000.00 6 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Senior Property Accountant
role at
Westcore 3 weeks ago Be among the first 25 applicants Join to apply for the
Senior Property Accountant
role at
Westcore This range is provided by Westcore . Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$85,000.00/yr - $100,000.00/yr Company Overview
Westcore is a fully-integrated commercial real estate investment company with institutional scale and capabilities, that operates with the speed and adaptability of opportunistic entrepreneurs. Westcore has a dynamic track record of real estate investing going back to its founding in 2000. We focus on well-located industrial properties in the United States. We are a vertically integrated company with expertise in all facets of real estate investment management: acquisitions, finance, asset management, leasing, construction and building operations.
To better support our Accounting Department and the anticipated doubli ng of our portfolio over the next few years, Westcore is looking for an experienced
Senior Property Accountant .
Position Summary
The Senior Property Accountant is responsible for the preparation of accounting for all transactions within legal entities assigned, ensuring all transactions are recorded in accordance with current GAAP and/or tax guidance as well as within company policies and procedures. This includes the preparation of all property accounting transactions including purchases, sales, basis allocations, operating and fixed assets additions/deletions, NNN billings/reconciliations, fair market value analyses, forecasting, budgeting, and all other types of financial information/analysis within the company’s property portfolio.
Core Roles & Responsibilities
Responsible for preparation of all monthly accounting entries related to assigned properties, including revenue, operating expense accruals, debt, and depreciation. Prepare and analyze financial reports related to assigned properties, including lender and investor reports. Work closely with the property management team to perform various tenant/lease related functions such as new lease setup and annual CAM reconciliation calculations.
PRIMARY DUTIES:
(The below list is not comprehensive, and priorities will change on a day to day basis)
Review and approve invoices in paperless processing system for assigned properties. Work with property managers to process monthly tenant billings. Prepare journal entries and balance sheet reconciliations as part of the monthly close process. Assist with coordinating multiple audits of company financial statements. Assist in preparing annual budgets for each property and analyze variance to budget monthly. Prepare loan draws
Requirements
Bachelor’s degree required. Minimum of two (2) years of financial accounting and reporting experience. Prior work experience with a public accounting firm required; Big Four accounting firm experience a plus. Real estate accounting experience preferred. Extensive working knowledge of Generally Accepted Accounting Principles (GAAP). Experience with Yardi (or equivalent mid- to large- tier ERP System) preferred. Understanding of policy and procedure implementation and internal control documentation. Strong interpersonal skills are needed. Strong attention to detail
MISSION
Utilize our expertise and experience to recognize market inefficiencies, quickly deploy capital and talent to act on opportunities, deliver superior outcomes to stakeholders, and strive for excellence in everything we do.
CORE VALUES
Westcore values its employees and works to create an environment where professional and personal growth can be achieved. We look for motivated individuals who share our commitment to excellence. Our employees are supported by an environment where mentoring is encouraged, and where tools and resources to succeed are readily available. Our company lives by its values, treating each other with respect and consideration at all times.
Integrity: We behave ethically, honestly and respectfully. Excellence: We execute brilliantly. We are accountable for our performance and deliver high quality results. Teamwork: We are a group of people with diverse talents working to produce positive synergistic results. Balance: We work hard while embracing our commitment to family, friends and community. Commitment: We foster a culture of service, responsiveness, accountability, and professionalism.
Seniority level
Seniority level Mid-Senior level Employment type
Employment type Full-time Job function
Job function Accounting/Auditing and Finance Referrals increase your chances of interviewing at Westcore by 2x Get notified about new Senior Property Accountant jobs in
San Diego, CA . Senior Construction Accountant – WIP + Job Costing Focus
San Diego Metropolitan Area $90,000.00-$100,000.00 6 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr