(Geschlossen)Oakmont Senior Living
Senior Accountant, Corporate
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- Irvine, California
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- +1
- Irvine, California
Über
Oakmont Management Group (OMG) is looking for a full-time Senior Accountant, Corporate for a busy and growing company. Oakmont is proud to offer luxury amenities and services to both active seniors and those in need of quality assisted living and memory care services. Oakmont currently operates 105 communities throughout California, Hawaii, and Nevada, with more communities in the new development pipeline.
The Senior Accountant, Corporate Accounting is responsible for the complete and accurate financial accounting and reporting across all entities. All responsibilities must be completed in accordance with Company policies and procedures, current standards, guidelines, and regulations.
Position Responsibilities:
- Own and manage the monthly accounting close process for all corporate entities.
- Prepare consolidated financial statements, ensuring GAAP compliance across multiple entities, including for multiple real estate joint venture entities and investment vehicles.
- Maintain the general ledger, review journal entries, and perform account reconciliations.
- Manage joint venture accounting, including capital account maintenance, profit/loss allocations, and distribution waterfalls in accordance with operating agreements.
- Calculate investor allocations, equity balances, and internal rate of return (IRR) metrics.
- Track and reconcile partner contributions and distributions, ensuring compliance with JV terms and accurate reporting to stakeholders.
- Assist with cash flow forecasting, budgeting, and special financial projects as needed.
- Analyze and present financial results, providing insights into variances, trends, and performance indicators.
- Reconcile bank accounts, intercompany transactions, and investment capital activity.
- Collaborate with tax advisors and internal teams to prepare and review tax workpapers, REIT compliance tests, and investor tax packages (e.g., K-1s).
- Assist with the review and coordination of federal, state, and local income tax returns and estimates for partnerships, and other investment vehicles.
- Maintain detailed documentation supporting book-to-tax adjustments, depreciation schedules, and basis tracking.
- Coordinate with property accountants, asset managers, and legal counsel to ensure compliance with JV structures, REIT rules, and tax regulations.
- Support internal and external audits, including preparation of audit schedules, tax provision inputs, and investor reporting.
Qualifications:
- Must be at least eighteen (18) years of age.
- Bachelor's degree in Accounting, Finance, or a related field; CPA or active CPA progress preferred.
- 2-4 years of accounting experience, with at least 1 year in real estate or joint venture fund accounting.
- Understanding of real estate accounting principles, equity method investments, and capital structures.
- Experience with real estate tax concepts, such as partnership taxation, REIT compliance, depreciation, and book-to-tax reconciliations.
- Familiarity with investment tax structures (e.g., REITs, UPREITs, LPs, LLCs) and tax implications for domestic and foreign investors.
- Proficiency in Microsoft Excel; experience with Yardi, MRI, or other real estate accounting systems preferred.
- Knowledge of GAAP and real estate-specific accounting guidance (e.g., ASC 970, ASC 323).
- Strong analytical, problem-solving, and communication skills.
- Ability to interpret and apply complex JV agreements and tax allocation provisions.
- Demonstrated ability to build and maintain positive working relationships at all levels across the company.
- Must pass a Criminal Background check.
May require team members to vaccinate, participate in daily screening, surveillance testing, and to wear face coverings and other personal protective equipment (PPE) to prevent the spread of the COVID-19 or other communicable diseases, per regulatory guidelines.
Pay range: $105,000 - $120,000
Actual placement within this range may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. The Company also offers competitive benefits for full time employees including paid time off, matching 401(k) and health benefits.
Oakmont Management Group, based in Irvine, California, is a recognized leader in the senior living industry that manages a portfolio of communities under the Oakmont Senior Living and Ivy Living brands. OMG serves thousands of seniors across communities in California, Nevada, and Hawaii. At OMG, we strive to create an atmosphere of family and community among team members, residents, and resident family members. We know that caring and meaningful relationships are the foundation of a rewarding life, and our team is hand-selected for their skills, previous experience, and passion for working with the elderly. Our practice is to incorporate joy and laughter alongside our expectations of excellence. Walk into our communities and feel our pride of ownership and commitment to service.
Oakmont Management Group is an Equal Opportunity Employer.
Wünschenswerte Fähigkeiten
- Microsoft Excel
Berufserfahrung
- Finance & Accounting
- General Management
Sprachkenntnisse
- English