Senior Accountant

Pacific Urban Residential

(Palo Alto, California)
Full Time
Job Posting Details
About Pacific Urban Residential
Pacific Urban Residential (‘PUR’) is an industry leading multifamily investment firm and pension fund manager. Headquartered in northern California’s innovative Silicon Valley, PUR is focused exclusively on the multifamily rental space. The firm has successfully deployed well-timed strategies to the benefit of its institutional partners and stakeholders throughout the Western United States.
Summary
We are seeking a Senior Accountant with 3+ years of experience in real estate or investment management whose strengths lie in financial analysis and reporting. This position is located in the Palo Alto corporate headquarters and will be responsible for the accounting and reporting for a portfolio of assigned Business Unit assets and will also assist with cash flow projections, IRR calculations and reporting to lenders and investors. As a member of the Finance & Analytics team, you will interact with senior management and provide key analytic tools for tracking the performance of the Business Unit portfolio of assets. This position reports to an Accounting Manager. Duties include, but are not limited to, maintaining and analyzing accounting records, reviewing and approving monthly and quarterly financial reports, preparing interim and year-end audit work papers, submitting lender compliance reports, as well as other financial reports to management and/or owners.
Responsibilities
* Review and approve monthly financial statements prepared by third party property management companies, which function may include reconciling errors, proposing journal entries, and reviewing and researching variance analyses * Assist in the preparation of the annual property budgets for the assigned portfolio of properties * Prepare and submit monthly/quarterly/annual financial and compliance reports to lenders and partners, including preparation of loan draw requests and equity contribution and distribution calculations, summaries and notices. * Prepare interim and year-end tax compliance, audit and/or tax work papers and assist in the Q&A with external auditors. * Provide accurate and timely financial information to other internal departments and under specific deadlines * Attend and participate in cross-functional Business Unit team meetings with Portfolio Operations * Provide regular reporting to Portfolio Operations regarding revenue and expense trends and metrics, as well as analyze and benchmark performance of assets within the respective Business Unit * May perform other duties as required
Ideal Candidate
**Knowledge & Skills:** * Ability to prioritize and handle multiple tasks with flexibility to adapt and adjust on an ad hoc basis, as needed * Excellent organizational and communication skills, both written and oral * Proficiency with Microsoft Excel and Microsoft Word * Experience in Yardi software is preferred, but not required * Desire to grow professionally and personally * Team player with a collaborative approach **Qualifications & Education:** * Bachelor’s Degree in Accounting or Finance * 3+ years of strong, general, full-cycle accounting experience, preferably in real estate or investment management * CPA or CPA candidate a plus
Compensation and Working Conditions
Reports to Accounting Manager

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