Property Accountant - Los Angeles

Description

Position at Hudson Pacific Properties

At Hudson Pacific Properties, we provide best-in-class office space to the biggest names in tech and media (Netflix & Amazon). We are seeking a Property Accountant for our Corporate office in Los Angeles, CA.

This position will oversee the daily, monthly, and quarterly financial information for an assigned portfolio of properties, ensuring all reported numbers are prepared accurately, in accordance with Generally Accepted Accounting Principles. They will develop a thorough understanding of all areas of responsibility and how they relate to the operations of each property and build strong working relationships with the property management team. They will support the property management teams through clear and constant communication in a manner that enables the operators to make informed decisions based on a well-developed understanding of how financial results are recorded and accounted for.

What You'll Do

• Prepare monthly financial statements, reports, and records by collecting, analyzing, and summarizing account information
• Research and answer Property Managers’ questions regarding tenant statements
• Reviews and approves work such as tenant credit memos, non-recurring tenant billings and questionable cash receipts for entry by Accounts Receivable Accountant.
• Prepares tenant account analysis and reconciliations when tenants dispute charges to their accounts
• Reviews documents such as cash receipts, tenant billings, move-outs and lease documentations substantiating business transactions
• Review accounts receivable aging for delinquencies, cash applications, and prepaid rent applications
• Process tenant refunds and deliver to Accounts Payable department
• Prepare Rent Statements and distribute to the property management team to ensure the following month’s recurring charges and past due charges are accurate
• Calculate and enter monthly contract item accruals such as janitorial, security, engineering, and utility expenses to match expenses to the period incurred and review the trial balance for reversing of same entries in the next accounting period
• Work with the Project Accounting team to ensure depreciation and amortization of fixed assets, tenant improvements, and leasing commissions are recorded correctly
• Consult with property staff as to general ledger coding for payables, tenant improvements, cash receipts applications, and budget variances
• Ensure all appropriate reviews and approvals are completed before processing data into the accounting system
• Prepare balance sheet tie-out to balance the general ledger and sub-ledgers
• Reconcile bank accounts to general ledger
• Record and maintain straight-line adjustment schedules
• Assist with annual CAM reconciliations and the proceeding years' estimated CAM reconciliations
• Participate in monthly accounts receivable and variance meetings
• Miscellaneous duties as assigned

What You'll Need

• Bachelor's degree in Finance, Accounting, or Business Administration required
• Minimum 2-3 years of general accounting experience required
• Real estate experience preferred
• A good understanding of accounting principles and processes
• Strong computer skills, including Microsoft Office with a high level of ability with Excel functions, shortcuts, and formulas.
• Strong focus on customer interaction and satisfaction; ability to maintain and establish effective relationships with internal and external customers
• Strong written and verbal communication skills to write memos and reports, and interact verbally with internal and external clients
• Strong organizational and research skills, solid attention to detail, high accuracy, problem solving, and decision-making
• Desire to grow and develop both professionally and personally
• Proactive stance toward learning, workload completion, best practices, and communication
• Team player, with a collaborative approach
• Nimble learner who will be able to take on a property portfolio with minimal supervision

Salary Range: $36.00 to $41.00 Hourly USD (subject to relevant experience).

About Us


Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging, and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming, and developing properties into world-class amenitized, collaborative, and sustainable office and studio space.


Hudson Pacific Properties is proud to be an Equal Opportunity/Affirmative Action employer. Individuals seeking employment are considered without regards to race, ethnicity, color, creed, religion, sex, sexual orientation, marital status, age, disability, gender identity or expression, genetic information, national origin, protected veteran status or any other classification protected by law.