Douglas Emmett Looking for Senior Corporate Accountant at Santa Monica, CA Full Time

Job Description

This person will be part of the team responsible for corporate accounting and analysis for a NYSE listed REIT. This individual will work closely with the Senior Corporate Accounting Manager, the Senior Vice President of Accounting, the Chief Financial Officer and other key stakeholders.

General Responsibilities

• Assist in the determination of the accounting treatment, record all income statement and balance sheet activities, prepare payments, and prepare annual budgets for a multi-billion dollar portfolio of loans and derivatives.
• Prepare hedge effectiveness and fair value testing of derivative instruments.
• Perform income statement variance analysis for general and administrative expenses.
• Process and determine the accounting for corporate invoices.
• Perform reconciliations and analysis of balance sheet accounts.
• Prepare payroll journal entries.
• Analyze, track and recommend accounting for fixed assets transactions.
• Analyze, track and recommend accounting for insurance claims across both office and residential properties.
• Calculate and pay business licenses across four California jurisdictions.
• Assist in the determination of accounting treatment and prepare purchase price allocations in support of building acquisitions.
• Serve as liaison with external auditors, internal auditors, financial planning and financial reporting teams.

Required Qualifications

• Bachelor’s Degree in Accounting.
• 1-2 years of experience at a Big 4 Public Accounting Firm.
• Knowledge of US GAAP; knowledge of real estate industry GAAP is preferred.
• Strong analytical, problem solving and leadership skills.
• Great communication skills.
• Meticulous attention to detail.
• Knowledge of Microsoft and Excel.
• Ability to develop creative solutions to problems.
• Ability to multi-task and handle changing priorities.
• Ability to meet monthly and quarterly closing deadlines.

Company Description

Douglas Emmett operates approximately 18 million square feet of Class A office space and over 5,000 luxury apartment units in nine highly desirable submarkets in Los Angeles County, six of which are located in Los Angeles’ Westside – Brentwood, Century City, Santa Monica, Beverly Hills, the Olympic Corridor, and Westwood – and three submarkets in the San Fernando Valley – Sherman Oaks/Encino, Warner Center/Woodland Hills, and Burbank. The Company’s Honolulu office portfolio is located in the downtown central business district with multifamily properties in nearby suburban communities.

The Company utilizes the same focused business strategy that was implemented by its founding principals – managing, developing, redeveloping, and acquiring multifamily and commercial real estate in high barrier-to-entry submarkets that exhibit strong economic characteristics such as population and job growth, as well as inherent supply constraints, such as limited developable land due to natural and political barriers. The Company strives to capitalize on the experience of its seasoned management team to create continued value.

Douglas Emmett operates approximately 18 million square feet of Class A office space and over 5,000 luxury apartment units in nine highly desirable submarkets in Los Angeles County, six of which are located in Los Angeles’ Westside – Brentwood, Century City, Santa Monica, Beverly Hills, the Olympic Corridor, and Westwood – and three submarkets in the San Fernando Valley – Sherman Oaks/Encino, Warner Center/Woodland Hills, and Burbank. The Company’s Honolulu office portfolio is located in the downtown central business district with multifamily properties in nearby suburban communities. The Company utilizes the same focused business strategy that was implemented by its founding principals – managing, developing, redeveloping, and acquiring multifamily and commercial real estate in high barrier-to-entry submarkets that exhibit strong economic characteristics such as population and job growth, as well as inherent supply constraints, such as limited developable land due to natural and political barriers. The Company strives to capitalize on the experience of its seasoned management team to create continued value.