CORPORATE ACCOUNTANT II, Roseville California

Reports To:   Corporate Controller

Supervisory Responsibilities: This position does not have supervisory duties

Job Classification:    Regular, Full Time, Exempt 

The Corporate Accountant II is responsible for preparing financial records for a complex set of assigned properties in construction. Incumbents must be familiar with all aspects of construction accounting. The Corporate Accountant II is principally responsible for the properties’ accounting functions such as project cost funding requests, posting transactions, running reports, reconciling accounts, and interacting with the lenders, investors, and Project Managers, while managing select key projects for the accounting department.

The Corporate Accountant II customarily and regularly exercises discretion and independent judgment and is responsible for, among other things,

• Creating monthly funding request packages while maintaining oversight of project budget
• Maintaining balances in bank accounts in accordance with liquidity requirements
• Overseeing compliance with regulatory requirements and coordinate audits
• Reconciling and preparing the general ledger and providing full documented support for the reported balances
• Participate in the closing of various real estate transactions including land acquisition, bond financing, permanent loan conversion, and asset disposition
• Leading assigned project(s) from corporate accounting department to MFM accounting department, including determining timelines for delivery, assigning responsibility of tasks, and training team members as needed. 

JOB DUTIES AND RESPONSIBILITES:  The duties listed below are intended only as illustrations of the various types of work that could be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to this position.

• Knowledge of accounting principles applicable to daily operations
• Prepare complicated monthly journal entries, accruals, and reconciliation reports
• Process monthly, quarterly, and annual financial statement preparation
• Liaison between lender, investor and USA in conjunction with accurate processing of monthly funding requests
• Process subcontractor monthly billings and ensure timely payment, providing analysis on trends and cost saving opportunities
• Producing monthly capital requests for preconstruction projects governed by cost sharing development agreements
• Works closely with Project Managers and Development Managers to reconcile job cost status report for projects in predevelopment
• Participates in preparing and auditing materials requiring analysis of supporting documents and ensures that all entries are entered into the system accurately
• Provides critical recommendations and support to Capital Markets Group on budget overruns or savings throughout construction term
• Retrieve information for capital contributions requests and loan conversions and facilitate completion of transaction
• Assist with the preparation of year-end audit and tax return work papers
• Assist with corporate cash flow budgeting and forecasting
• Generate and issue various reports to stakeholders and affiliates within the required due date parameters
• Maintains spreadsheets and/or tracking logs as required by department operations, and
• Performs all other duties as necessary to ensure sound accounting practices at the assigned properties.

Compensation:  $90,000 - $100,000 per year, D.O.E.

REQUIRED SKILLS, QUALIFICATIONS AND ABILITIES:

To perform this position successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Mid-level, at least 3-6 years of work experience in a similar or related position with a four (4) year college degree and/or equivalent work experience accounting.Real estate development and public accounting experience is desired.
• Ability to analyze and interpret documents such as loan and partnership agreements, operating, procedural manuals, and safety documents. Ability to write routine reports and correspondence. Strong leadership and mentoring abilities.Ability to interact/communicate effectively in a professional and pleasant manner with Vendors, Affiliates, Stakeholders, Corporate Shareholders and Company Employees.
• Knowledge of advanced accounting principles and General Ledger activity. Ability to effectively
• Reconcile account balances, calculate figures and amounts, and apply basic math concepts.

Proficiency in advanced accounting software and financial systems.Ability to operate proficiently within Microsoft Office Programs such as Excel, Word and Outlook and the in-house property management software program. Ability to operate a 10-key with speed and accuracy, fax, copier/scanner, telephone, personal computer, and typewriter.

Ability to apply principles of logical thinking to a variety of practical situations and accurately

follows standardized procedures that may occasionally call for minor deviations. Must be able to

think rationally beyond a specific set of instructions. Must be able to work at a fast pace, perform

duties while under pressure and meet deadlines in a timely manner.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the employee must be able to move about the office and access information using a computer and a telephone.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this position. The employee will typically be in a normal office environment with little exposure to excessive noise, dust, fumes vibrations or temperature changes.There will be frequent computer use at a workstation and frequent use of the telephone.The work usually requires working at a fast pace with unscheduled interruptions.

The employee in this position must be knowledgeable about the company’s policies and procedures as described in the company Employee Handbook.