Ingenious Asset Group, Inc., is a property management firm based in Encino and is seeking an experienced Accounting Manager to join its team. Ingenious Asset Group Inc. manages single-family homes, apartment buildings, office properties, and commercial properties throughout Los Angeles.
This is NOT an entry-level position.
APPLICANTS WITHOUT A MINIMUM OF 5 YEARS OF ACCOUNTING EXPERIENCE WORKING FOR A PROPERTY MANAGEMENT COMPANY WILL NOT BE CONSIDERED.
RESPONSIBILITIES:
Banking and Cash Management – supervise and assist with monitoring property cash balances, bank fees/charges, establish new bank accounts and making bank deposits.
General Ledger – monitor the accuracy recording property and corporate transactions to multiple entity general ledgers.
Real Estate Property Tax and Business Tax – monitor schedules of real estate property taxes and business taxes. Submitting new business license applications and handling renewals.
Insurance Schedules – monitor schedule of property insurance its expirations and renewals and process cancellations as needed.
Mortgages – Monitoring of mortgage payments are made on time. Should be able to create online account and set up ACH drafts as needed.
Monthly Reporting/Financial Statements/Owner packets – Assist with preparing monthly reporting for properties and with monthly budget variance analysis.
Property Budgets – Assist with preparing annual and interim property budgets.
Year-end Tax Preparation & Audits – monitor annual audits and entity tax return preparation. Providing end-of-year client property financials for tax preparation and responding to all tax preparer/CPA questions.
Monthly Property Management and Other fees – monitor posting & verifying all PM fees and other fees such as postage, software, tenant fees, application fees, Lease processing, late fees, NSF etc.
Compliance Reporting – assist with preparation of quarterly/annual lender compliance reporting requirements
LLC Vouchers & Submitting Payments – Requesting from owners and submitting payments (Annually)
Annual Owner’s and Vendors 1099 – Processing & Issuing of 1099 in the PM software, IRS and other platforms.
Bank Reconciliations – supervise and assist with performing monthly bank statement reconciliations and record bank fees and interest income as needed.
Accounts Payable – oversee the recording of property & corporate invoices and ensuring bills are paid on time per company policies. This includes property expenses such as, mortgages, insurance, vendor services invoices, utilities invoices, city invoices (permits, inspections, business taxes, etc.), bank fees etc.
Accounts Receivable – monitor cash collections and collections of rents and other income such as laundry revenues, refunds etc. Making sure all receivables (ACH, ECP, Cashiers/Personal checks and money orders) are recorded and deposited to correct property accounts.
Rent Collections – monitor the application of tenant rent collections to respective properties and record rent collections when received.
Tenant Ledgers - Monitor tenant accounts for overages/shortages and past due amounts.
Security Deposit & Move out Refund – review and monitor move out charges are entered correctly for final accounting and disbursements of security deposit refund.
Credit Card Schedule and Reconciliations – Monitor and track company credit card purchases of materials, supplies, utility payments, services, and other expenses. Ensure the purchases are recorded as payables on the property books which will eventually be reimbursed to the company.
Rent Registry (RSO/SCEP) – monitor annual registration and payments of RSO/SCEP bills.
CAM Reconciliations – Assist with preparation of Common Area Maintenance reconciliations.
GL Mapping and Updating chart of accounts – As needed.
Other related duties as necessary
TECHNICAL SKILLS:
Computer literacy and knowledge of Microsoft Office
Appfolio/Yardi experience required
Tech-savvy required with use of Google Cloud platform and other technology
Professional and Other Requirements
Must have a MINIMUM of 5 years of property management accounting experience
Must have an outgoing, energetic and positive attitude
Punctual and reliable
Technology oriented, knowledge of computers
Self-motivated and able to work independently
Excellent communication skills
Detail oriented and able to follow systems, policies and procedures
This is a FULL-TIME IN-OFFICE position with overtime and weekends required.
Bilingual in Tagalog/Spanish preferred, but not required.
Employment is contingent on a credit and background check. A drug test may be administered.
HOW TO APPLY: Email your cover letter and resume with "Accounting Manager" in the subject line.
APPLICANTS WITHOUT A MINIMUM OF 5 YEARS OF ACCOUNTING EXPERIENCE WORKING FOR A PROPERTY MANAGEMENT COMPANY WILL NOT BE CONSIDERED.
Equal Opportunity Employer
Work Location: One location
Work Remotely: No
Job Type: Full-time
Base Salary: $50,000.00 - $60,000.00 per year + Performance based Bonuses + Phone reimbursement
Annual Estimated Compensation: Right candidate can expect to make at least $60,000 - $70,000 per year, including bonuses.
Benefits:
401(k) matching up to 3.00% of base salary
Paid time off
Paid sick days
Health insurance
Dental insurance
Vision insurance
Life insurance
Physical setting: Office
Schedule:
8-hour shift
Monday to Friday
Experience:
Accounting: 5 years (Required)
Property management: 2 year (Required)
Microsoft Excel: 2 years (Required)
Appfolio/Yardi: 2 years (Required)
QuickBooks: 1 year (Required)
Equal Opportunity Employer