Accountant

Company: Embarcadero Capital Partners LLC
Location: Redwood City
Posted on: May 22, 2023

Job Description:

Embarcadero Capital Partners is a real estate investment and management firm based on the San Francisco Peninsula. We invest in dynamic, development-constrained U.S. markets that are known for intellectual capital and a creative business culture.Join a Diverse and Talented Team:Embarcadero Capital Partners consists of a diverse team of seasoned industry professionals. We have the experience and expertise to identify and capitalize on opportunities in every major U.S. market. Our group's capabilities encompass all aspects of commercial real estate including acquisition, finance, development, leasing, management, and disposition. ECP's in-house management and leasing staff work with a variety of third-party brokers and property management groups to execute defined operating and investment objectives.Job Title: AccountantAccounts PayableResponsible for accounts payable and receivables of multiple propertiesMaintains accounts payable workflows by setting up vendors, properties, and expense allocation templatesMaintains vendors databases, W-9s, and prepares annual information returns (i.e., 1099s, 1096s, etc.) for respective regulatory agenciesReviews daily A/P exceptions and routes and approves them as neededProcess employee expense reports and reviews supporting documentsPerforms weekly check runs and monitors ACH payments as neededManage vendor communication and managing relationships for outsourced functionsResearch and resolve complex past due balances.Conduct training sessions for new employees on the use of Avid Exchange as necessary.Accounts ReceivablePosts daily cash receipts in MRIMonitors A/R collections and works with property accountants and property managers to ensure payments collection.Records billing adjustments and creditsWork with property team members and accountants to provide tenant payment history and account statusProperty AccountingManage and maintain the books for multiple commercial properties for a growing real estate investmentEnsure the sub-ledgers reconcile to the general ledger monthlyManage the month-end close process for assigned properties. Prepare accruals and reconcile balance sheet accounts including monthly bank reconciliationsProduce monthly/quarterly financial statements and work with property managers to prepare property management reports and variance analysisWork closely with property managers to prepare property budgets and quarterly reforecastsWork with property managers to prepare CAM reconciliations and estimates.Perform and manage day-to-day accounting for assigned properties. Review posted daily cash receipts. Review invoices for proper coding. Reconcile cash accounts on a weekly basis. Review and ensure property expenses are properly recorded in a timely mannerProvide ad hoc analysis and reports as neededConstruction AccountingResponsible for the processing, reviewing, tracking and general ledger posting of construction costs for multiple projects.Communicate with project managers, vendors, and external parties to manage invoice payment processAssist with lien waiver maintenance and subcontractor insurance verification.Provide ad hoc projects as neededPayroll (Back up)Ensure payroll is processed in an accurate, compliant, and timely mannerManage the setup of new employees including new hire package and orientations.Oversee the maintenance of current employee data in Payroll SystemCompile data from payroll sources and create payroll journal entry for accountingPrepare and review payroll reconciliations including reconciliation of benefits billingsEnsure the compliance of Multiple State Employment Taxes as necessaryReconcile with ADP Payroll Taxes (941, TWC, FUTA)Reconcile and process annual W-2 filings, W-2 corrections through ADPPrepare relevant weekly, monthly, quarterly, and year-end reports as neededQualificationsDegree in accounting or related field, preferredMinimum 3-5 years' experience in A/P, A/R and/or general accountingExcellent interpersonal skills and verbal and written communication skillsReliable, team player, and able to adapt quickly and easilyDetailed-oriented, excellent organizational and analytical skillsAbility to work independently, meet deadlines and ability to prioritizeExperience with accounting software, preferably MRI and or Avid Exchange

Keywords: Embarcadero Capital Partners LLC, Redwood City , Accountant, Accounting, Auditing , Redwood City, California