Appraiser Sr. (Residential Real Estate) jobs in Daly City, CA

The Senior Property Accountant  I position is primarily responsible for ensuring the integrity of accounting information by recording, verifying, consolidating, analyzing and entering transactions during the preparation of financial statements for multiple commercial accounting entities. Establishing and enforcing property accounting methods, policies, and principles. Manage relationship with specific Commercial accounting vendors.

Denotes "essential functions" in accordance with the guidelines of The Americans with Disabilities Act.  The essential functions of this position include, but are not necessarily limited to, those specifically identified in this description.  The position and its essential functions may change over time and these changes may not necessarily be reflected in the position description.  The Company may, at its sole discretion, add to, change, or expand the essential or marginal functions of the position.

• Responsible for managing the preparation of monthly financial statement packages for multiple commercial entities.

  • Specific responsibilities for processing entities include:

    • Posting of cash receipts

    • Input lease abstracts

    • Process move-outs and security deposit refunds.

    • Process rent rolls and delinquency reports.

    • Review A/P coding and descriptions

    • Bank reconciliations

    • Monthly Property Management Fee calculations

    • CAM set up, calculate CAM estimates, reforecasts and annual CAM reconciliations.

• Manage the monthly review of multiple commercial financial statements.  Due dates range from the 4 business day through the 25 of each month; 25% of F/S reviewed every month shared with CFO.

• Manage the calculation and processing of Client distributions and/or capital contributions on a monthly, quarterly and/or annual basis
  Manage or oversee general accounting:  review A/P Prelim report for coding and description accuracy, G/L account analysis, journal entries, bank recs, management fee calculations, reconciliation of scheduled rent to actual rent billed, amortization and depreciation schedules if required.

• Manage cash records for each property and perform cash management functions, such as setting up ACH and wire transfer for secondary approval

• Daily interface with property and regional managers. Work closely with other commercial property accounting team members and A/P specialists.

• CAM reconciliations are done using a variety of methods: primarily in MRI, Kardin and in Excel.

• Manage and complete Client’s external annual audits.

• Maintain property files including insurance, property tax and mortgage documentation on Excel for prepaid, accrued and amortization.

• Manage/oversee relationship with specific Commercial accounting vendors such as MRI and Rentpayment.com

• Interface with Clients and other external

• Train and mentor junior staff.

• Other duties as assigned.

This position works closely with on-site Property Managers, Commercial Regional Managers, President-Commercial and A/P Specialists.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee will be working in a standard office environment.  The noise level in the work environment is usually moderate.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

The employee may lift and/or move up to 15 pounds. Employee should seek assistance for any heavier items.  While performing the duties of this job, the employee is regularly required to sit, stand, walk, talk, climb stairs, hear and occasionally kneel or crouch.

Special vision requirements:  Ability to read small print.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability generally required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Education/Experience: Four-year Accounting degree required. A minimum of five years of on-the-job accounting experience commercial  Knowledge of property accounting and lease analysis.  Solid understanding of CAM (recoveries/billbacks) calculations.

2.  Language Ability: Strong oral and written communication skills.   

3. 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.         

4. Computer Skills:  Must have excellent computer skills including strong knowledge of Microsoft Office including Outlook, Word and Excel. Yardi and MRI experience preferred; other property management software packages helpful.

5. 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.

6. Certificates, Licenses, Registrations:  none required

 Supervisory Responsibility: Supervise Property Accountants