Job description

About our company:

Prime Residential is an established owner and operator of more than 18,000 multifamily apartments and townhomes. We provide attractive, comfortable homes, appealing amenities, and superior customer service. The apartment communities we own and manage are in some of the most sought-after locations all along the West Coast. Prime Residential is committed to maintaining a richly diverse and inclusive company culture where all people feel welcomed and valued.

About the opportunity:

The Senior Accountant has responsibilities that include but are not limited to: the preparation of financial reports for multiple entities and related detailed management account analysis on an accrual basis accounting. The Senior Accountant has to maintain the integrity of the financial reporting and be in compliance with the GAAP and SCC policy. In addition, the Senior Accountant provides assistance to corporate, regional, and on-site personnel.

What are some of the responsibilities of a Senior Accountant?
Daily Responsibilities:

• Cash management review of multiple entities (includes but is not limited to reviewing credit card receipts, daily posting of rental receipts in RealPage, and maintaining a positive cash balance)
• NSF retrieval from CEO and forwarding to Community Managers.
• Positive Pay submissions to Wells Fargo
• Responsible for submitting stop payment as needed

Monthly Responsibilities:

• General Ledger analysis, analyzing and investigating variances and trends. (Includes reviewing all transactions and ensure accuracy of GL coding and making necessary corrections as needed).
• Records all monthly accruals – Accruals that are submitted from operations need to be reviewed and analyzed for accuracy
• Reviews variance explanations provided by Community Managers, provides explanations on variances to transactions below NOI
• Reviews all reclassification entries provided by the Community Managers and responsible for booking transactions to the accounting system.
• Reviews all expenses and properly coding all capital expenses in the general ledger.
• Bank reconciliation process for both operating and security deposit accounts if applicable (review outstanding checks and voiding all stale dated checks properly)
• Balance sheet account reconciliations which include but not limited to monthly escrow account reconciliations, delinquent and prepaid accounts, intercompany accounts and etc.
• Records loan draws and replacement reserve reimbursements
• Reconciliation of insurance claim reimbursements and disbursements
• Responsible for forecasting all balance sheet and overhead expense accounts
• Reconciliation of OneSite Leasing and Rents reports with the Accounting Reports.
• Prepares special report/projects by analyzing variances, preparing budgets and forecasts
• Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data
• Reconciliation of payroll transactions from the GL to the labor distributions

Quarterly/Annual Responsibilities:

• Quarterly update of Operating Performance Report, utility deposit, and replacement reserve draw reports
• Quarterly accrual of Capital Rehab Fees (supervision fees)
• Ensures the timely payment of property taxes, liability insurance, and other business tax payments and updating property tax tracking report
• Complies with state business tax filings, renewal of business licenses, personal property asset listing, and other state filings.
• Prepares and submits quarterly replacement reserve draws
• Preparation of work paper packages for annual audit ensuring the accuracy of all the supporting schedules
• Assists in various reports requested by auditors
• Compile Year-End Reports (B/S, I/S, TB, and Capital Expenditures and etc.)

Join the Fastest-Growing Multi-Family Industry Team!

Requirements:

• B.A./B.S. in Accounting or related field
• Minimum of five years of accounting experience, including consolidations and preparing for outside audits
• Experience with a multi ledger accounting system and strong Excel/spreadsheet skills
• Demonstrated abilities in G/L management and financial reporting; preparing journal entries, G/L analysis, bank reconciliations, budget, and forecast analysis
• Experience with RealPage, Yardi, or other multi-ledger accounting systems

Employee Benefits:

• Competitive pay based on experience
• Comprehensive medical, dental, vision, and RX
• 401k plan
• FSA
• Pet Insurance
• Life Insurance
• Paid holidays, personal days, and vacation days
• Housing discount and much more!

If you are interested in this opportunity or would like to learn more about Prime Residential, please reply with your resume or go to https://www.primegrp.com/careers/ to view other opportunities.

We look forward to hearing from you!

Drug-Free Policy:

Although the use of marijuana is legal in some states, Prime Residential maintains a drug-free workplace, and employment with the Company is contingent upon the successful completion of all the Company’s lawful pre-employment checks, which include a background check and drug test, consistent with applicable law, and which are conducted following an applicant’s acceptance of the Company’s conditional offer of employment.

CA Employee Privacy Notice:

https://www.primegrp.com/ccpa-info-current-and-prospective-employees/

COVID-19 Vaccine Requirement:

To protect the health and safety of our employees, residents, and prospects, Prime Residential requires anyone who is offered and accepts a conditional offer of employment, to be fully vaccinated and to provide proof of such, by their start date. Anyone unable to be fully vaccinated due to protected medical and religious reasons, or any other type of accommodation as required by law, may submit an accommodation request for consideration.

Equal Opportunity Employer:

At Prime Residential we don’t just accept difference – we celebrate it, we support it, and we thrive on it for the benefit of our employees, our business, and our community. Prime Residential is proud to be an equal opportunity workplace.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Parental leave
• Tuition reimbursement
• Vision insurance

Schedule:

• Monday to Friday

Supplemental pay types:

• Bonus pay

COVID-19 considerations:
We are taking all the necessary precautions to keep everyone safe. Your safety and that of our employees and residents is our number one priority.

Experience:

• Accounting: 5 years (Preferred)
• Property management: 5 years (Preferred)

Work Location: One location

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