We are seeking a highly skilled and experienced Director of Real Estate Accounting to join our client’s dynamic team – a leading mixed-use real estate development company. This role requires a Certified Public Accountant (CPA) with 7+ years of relevant experience to lead and manage the accounting function, ensuring accurate and timely financial reporting, and supporting critical initiatives. The ideal candidate will have a deep understanding of complex real estate accounting, including debt, ground leases, cost allocations, inter-company transactions, and project accounting. ​​ 

Responsibilities

Monthly Close & Financial Reporting

• Oversee and execute the monthly, quarterly, and annual close processes, ensuring all deadlines are met
• Prepare and review accurate financial statements in compliance with GAAP, including consolidation and eliminations
• Ensure timely submission of financial reporting to stakeholders, including management and external parties

Account Reconciliations & Complex Accounting

• Manage and review account reconciliations for balance sheet and income statement accounts
• Handle complex accounting areas, including:  Debt and interest expense accounting
• Ground lease obligations and reporting
• Cost allocation methodologies across multiple projects and entities
• Intercompany transactions, including reconciliations and eliminations

Project Accounting & Development Costs

• Oversee project accounting processes, ensuring accurate tracking and allocation of development costs
• Partner with project managers and development teams to monitor budgets, forecasts, and actual project expenditures
• Provide financial analysis and insights for ongoing and completed projects

Critical Initiatives & Process Improvements

• Lead and support critical initiatives, such as system implementations, policy updates, and process optimizations
• Develop and maintain accounting policies and procedures to ensure compliance and operational efficiency
• Identify and address opportunities for improvement in accounting processes and reporting systems

Team Leadership & Collaboration

• Manage and mentor a team of accounting professionals, fostering a collaborative and growth-oriented environment
• Work cross-functionally with development, operations, legal, and finance teams to provide accounting support for business activities

Compliance & Audits

• Ensure compliance with applicable accounting standards and regulatory requirements
• Prepare for and manage internal and external audits, providing necessary documentation and support

Skills

• Bachelor’s degree in accounting, Finance, or a related field
• Master’s degree in accounting, Finance, or Business Administration preferred
• CPA designation required
• 7+ years of progressive accounting experience, with a focus on real estate development or a related industry
• Proven experience managing the monthly close process and preparing consolidated financial statements
• Experience with mixed-use real estate projects and large-scale developments preferred
• Strong knowledge of GAAP, particularly in areas of consolidation, debt, ground leases, and cost allocation
• Expertise in intercompany transactions and eliminations
• Proficiency in accounting software (e.g., Yardi, MRI, or similar) and advanced Excel skills
• Exceptional analytical, organizational, and problem-solving skills
• Familiarity with Yardi system implementations or upgrades preferred
• Able to lead and develop a team, manage multiple priorities, and work collaboratively across departments 

Pay Details:

The annual base salary range for this position in California is $165,000 to $185,000 per year, discretionary bonuses, benefits. The starting pay for the successful candidate depends on various job-related factors, including but not limited to the candidate’s geographic location, job-related knowledge, skills, experience, education/training, internal value, peer equity, external market demands, and organizational considerations.                          

Knowledge, Skills and Experience

Education - Bachelor's Degree

Certifications Required – Certified Public Accountant

Experience Required – 7+ Years

This position is on-site in the Anaheim HQ