CIRE Equity is an entrepreneurial, growth-oriented company focused on the creation and preservation of wealth through targeted investments in commercial real estate in the Western United States.

We are passionate about real estate, dedicated to hard work, and strive for excellence in everything that we do. We value our employees and aim to create a fun, merit-based environment that encourages hard work, creative thinking, and high-quality performance. We foster persistent improvement, and we are seeking like-minded individuals who share our attention to detail and passion for excellence to join our growing team.

PURPOSE OF POSITION

Reporting to the Executive Vice President of Accounting, the Senior Property Accountant will produce accurate, timely, and complete financial statements, reporting, and perform full-cycle accounting for assigned commercial real estate entities. The Senior Property Accountant will interact and collaborate with property and asset management teams, vendors, and/or tenants to enhance investor confidence and facilitate asset appreciation.

JOB DUTIES/RESPONSIBILITIES

Accounting

• Oversees day-to-day Accounting functions of assigned properties and corporate books.
• Oversees all invoices processed via Nexus, verifying invoice accuracy, approving/
• transferring data from Nexus to MRI.
• Review/post rent payment receipt batches in a timely manner.
• Reconcile intercompany AR on the corporate book and manage AM / PM accounting fee transfers.
• Prepares bank reconciliations and reviews bank reconciliations of others.
• Record write-offs and monthly loan payments; maintain insurance and real estate taxes roll forward schedules.
• Reconcile all balance sheet accounts with related schedules, including mortgage impound accounts.
• Responsible for full-cycle month-end and prepares monthly & quarterly financial
• statements within scheduled deadlines in accordance with GAAP.
• Analyzes monthly & quarterly financial statements and budgets.
• Tracks Delinquency / Aging and contacts property managers accordingly.
• Review weekly property account balance to manage cash flow effectively.
• Calculate the monthly property management fee and asset management fee.
• Calculate privilege taxes and ensure payment is submitted on time.
• Generate monthly tenant statements and lease maintenance in MRI.
• Post rent charges adjustments and issue security deposit refund.
• Process quarterly distribution via ACH payments.
• Assist in CAM reconciliation preparation and verify yearly CAM charges.
• Prepare year-end tax work papers and supporting documentation for tax return.
• Review year-end 1099s prepared by the AP / AR specialist.
• Reconcile post-close expenses due to the seller and review with the financial analyst.
• Participate in identifying and resolving problems and inconsistencies, recommending
• appropriate corrective procedures.
• Perform other duties as requested or as responsibilities dictate.
• Work with the EVP of Accounting and Asset Managers to ensure the accuracy of entity-level books.

REPORTING STRUCTURE

Position reports directly to:

• Executive Vice President of Accounting

VITAL GOALS/PERFORMANCE MEASUREMENTS

• Timely transaction posting
• Timely payables payment and receivables collection
• Financial statements are prepared/received by the 15th of every month
• Financial statements are 100% accurate
• Document safekeeping and filing
• Implementation of planning initiatives
• Quarterly financial reports are prepared on time and accurately
• Privilege Tax compliance

Requirements

POSITION COMPETENCIES

• Possess a self-motivated, analytical, inquisitive, passionate, and humble mindset.
• Demonstrated knowledge of accounting and finance principles, including GAAP.
• Ability to solve problems and deal with a variety of variables in unique situations where only limited standardization exists.
• Ability to manage priorities against key deadlines within a fast-paced environment.
• Clear and effective communication skills, both verbal and written, including the ability to generate clear, professional reports and correspondence.
• Possess a detail-oriented mindset and the ability to produce accurate, error-free work.

JOB EXPERIENCE QUALIFICATIONS

• Bachelor’s degree in accounting
• Minimum 5 years’ full-cycle accounting experience
• Intermediate to advanced computer skills, including advanced proficiency with Microsoft Excel and Word.
• Experience with MRI preferred
• Real Estate experience preferred