Company Overview:

The Picerne Group is a privately held and internally funded investment company. We are not reliant on outside capital, and therefore our activity is not affected by forces, economic or otherwise, outside of our control. Thus, we provide a very stable environment for our employees.

Our areas of focus, over the 35-year history of the firm, are distressed debt investment in the United States, Europe, and Asia; entitlement and acquisition of land for luxury multi-family development, primarily in southern California; acquisition of existing multi-family assets in the western United States; and construction, property management and asset management of our multi-family portfolio.

Most of our portfolio assets are 100% owned and controlled by our founder and key employees. Our culture reflects the level of care and commitment that ownership inspires. We look for people who are bright, thoughtful and invested in working together to discover the best that they can be individually and as a member of our team.

Responsibilities:

• Provide a leadership role between the property accounting group and other departments within the organization including operations, construction, finance and corporate
• Oversee month end close and monthly financial reporting, including:
• Review of property level financials / variance reports
• Coordination with on-site staff, operations, and 3rd party managers
• Timely and accurate monthly reporting
• Review monthly partner distributions (and capital calls when necessary)
• Review monthly update of preferred return schedules
• Review and approve debt service payments and intercompany reimbursements
• Coordination and oversight of all external reporting, including timely submittal of:
• Annual tax returns - monitoring the completion of internal workpapers, preparation of tax returns by external tax accountants, K-1 distributions
• Lender reporting for operating properties
• JV partner reporting for operating properties
• Personal property tax declarations
• Escheatment filing
• Coordination of annual budget with operations
• Obtain/review/supply all non-controllable budgets
• Oversee annual budget import into Yardi
• Assist with dispositions, acquisitions, and any other transactions (e.g., refinancing)
• Manage special projects (e.g., implementations; process improvement; etc.)
• Oversee and lead accounting team consisting of accounting manager, senior accountants, and accounts payable processors

Qualifications:

• Bachelors degree in Business, Accounting, and/or Finance or related fields
• Certified Public Accountant (CPA) preferred
• 10-12 years of relevant experience
• Real estate property management experience preferred
• Proficient in MS Office applications including Excel, Word, and Outlook
• Experience using accounting and property management software such as Yardi

Job Type: Full-time

Pay: $150,000.00 - $175,000.00 per year

Schedule:

• Day shift
• Monday to Friday

Work Location: One location

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