Retail Portfolio Property Accountant

About Wood Investments Co.:

Wood Investments Co. (WICo), a premier private family-run company, is a real estate investment and management firm. WICo acquires, owns, operates and develops commercial retail shopping centers with a strategic focus on value-add redevelopment and investments in the Western United States.

Job Description

Retail Portfolio Property Accountant to prepare timely and accurate monthly and annual financial statements for all properties and review general ledgers for accurate accounts receivable and accounts payable entries as well as posting journal entries.

Key Responsibilities:

§ Responsible for accounts payable and accounts receivable for all retail assets within the portfolio.

§ Assist in the preparation and production of accurate monthly financial statements for a portfolio of properties.

§ Maintain and reconcile general ledger accounts, ensuring accuracy and compliance with accounting principles and company policies.

§ Perform bank reconciliations and ensure accuracy of financial records.

§ Conduct account reconciliations and balance sheet analysis.

§ Support the Asset Manager and CFO with various financial management tasks.

§ Help process daily invoices, tenant bill-backs, preparation of check requests, and vendor set-up forms.

§ Assist with the review, preparation and processing of annual CAM, insurance, and real estate tax reconciliations in a timely manner.

§ Journal entries including accruals and prepayments.

§ Variance analysis.

§ Work closely with Property Manager to monitor tenant accounts, assist with collections and respond to inquiries.

§ Assist in annual budget process.

§ Assist in preparation of construction loan draws.

§ Work closely with other departments, including Asset Management and Acquisition groups, to support their accounting needs and provide financial insights as required.

Qualifications:

§ Bachelor's Degree in Accounting (BA/BS) preferred.

§ 3-5 Years of experience in property management accounting including the preparation of CAM reconciliations and budgets.

§ Strong proficiency in Yardi and Microsoft Excel; working knowledge of PowerPoint and Word.

§ Strong organizational skills and attention to detail with the ability to multi-task.

§ Ability to function both in a team-oriented setting and individually.