What are the responsibilities and job description for the Project Accountant position at American Assets Trust, Inc.?
No recruiters, direct applicants only
Title: Project Accountant
Salary: $70,000 - $85,000
Duties:
- Maintain daily Excel cash schedule, ensuring all cash transactions are properly recorded.
- Prepare and enter monthly journal entries.
- Review and approve invoices.
- Reconcile loan payments to supporting schedules and agree balances in principal, escrow accounts and interest payable accruals to the general ledger.
- Month-end closing of books for properties assigned which include all balance reconciliations (cash, A/R, Allowance for Bad debt, Accrued Liabilities, CIP, Fixed Assets, etc.)
- Reconcile carious revenue categories.
- Prepare monthly financial statements in MRI, accounting software including Balance Sheet, Profit and loss Statement, and Cash Flow Statement, File supporting work-papers for review
- Perform monthly flux analysis of balance sheet and income statement accounts.
- Distribute monthly MRI financial statements to property managers, and distribute copies to lending agencies as required per loan agreements.
- Review leases for revenue recognition in accordance with GAAP.
- Assist in preparing necessary work-papers for the auditors for quarterly reviews and annual audit.
- Be familiar with SOX requirements and internal controls as it relates to compliance and reporting.
Skills/Qualifications:
- Bachelor’s Degree in Accounting or a related field, or equivalent work experience.
- Minimum 2-3 years’ experience.
- Good working knowledge of generally accepted accounting principles (GAAP).
- Real Estate experience helpful, but not required.
- MRI accounting software helpful, but not required.
- Public company experience preferred.
- Good computer skills, especially Microsoft Excel and Word.
- Must be fully vaccinated for COVID-19
Language Skills:
- Ability to read, analyze, and interpret common journals, financial reports, and legal documents.
- Ability to respond orally or in writing to common inquiries or complaints from tenants, vendors, regulatory agencies, or members of the business community.
Mathematical Skills:
- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
- Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
- Ability to read and understand financial statements.
Reasoning Ability:
- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
- Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
This job description is not intended to be all-inclusive, and the employee will also perform other reasonable related business duties as assigned by immediate supervisor and other management as required. This job description does not constitute a written or implied contract of employment.
https://www.americanassetstrust.com/applicant-privacy
Applicant Privacy Disclosure - American Assets Trust
About American Assets Trust, Inc.:
American Assets Trust, Inc (“AAT”) is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail and residential properties throughout the United States in some of the nation’s most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington and Hawaii.
Salary : $70,000 - $85,000
