Real Estate Accountant

Job Description

This is an outstanding opportunity for a career-oriented accountant to join the Terra-Gen Real Estate Development team. This position will report to the VP of Real Estate Development and actively partner with contract administration, project accounting and corporate accounting. Primary responsibilities include tracking, paying, and accounting for all ongoing payments for over 1,500 land leases across the country.

Duties and Responsibilities

• Land Lease Payment Tracking: Responsible for creating a schedule of lease payments for over 1,500 land leases with over 1,200 different landowners. This is critical and highly visible because if an annual lease payment is missed by the company the landlord can cancel the lease agreement and give the lease to a competing company to develop renewable energy assets. The Accountant would be working closely with corporate Accounts Payable to approve and send out payments.
• Property Tax Payments: Many of the lease agreements require Terra-Gen to pay the property taxes on the land parcels. The Accountant will be responsible for creating and maintaining a schedule of property tax payments and ensuring the payments are made on time. This person would interface with corporate accounting for any tax compliance or journal entry support.
• Purchase Order Approval and Monitoring: It is common for the Land Development division to hire consultants to perform specific projects on the land parcels (i.e. utility mapping, environmental compliance, etc.). There is a Purchase Order generated once their consulting agreements are approved. Then the consultants send in invoices to corporate AP or the Land Department for payment. This Accountant will be responsible for tracking all active POs and will be monitoring where the total spend is compared to the PO limit. If a change order needs to be submitted by the consulting firm, this Accountant will work directly with them and the AP team to get that done.
• Tracking and organization of pertinent deadlines and ensuring conditions described on contracts are met (e.g., payments and insurance requirements)
• Verify that escrow entries and wire requests are accurate.
• Maintain an organized system of physical and electronic records.
• Prepare and provide land agreement status reports.
• Must be able to collaborate with team members and work individually as needed.

$81,000 - $87,000 annual salary

Requirements

• PREFER a Bachelor's degree in accounting, finance, or other related fields OR equivalent combination of education and experience.
• Able to complete work to deadline with little direct supervision.
• Excellent attention to detail
• Interest in and ability to create new processes to streamline the land lease accounting process (payments)

Terra-Gen is an equal opportunity employer, drug-free workplace, and complies with Americans with Disabilities Act and related laws and regulations as applicable. All applicants are considered for all positions without regard to age, race, religion, color, sex, gender, sexual orientation, pregnancy, national origin, ancestry, physical/mental disability, medical condition, military/veteran status, genetic information, marital status, ethnicity, alienage, or any other protected classification, in accordance with applicable federal, state, and local laws.

All offers of employment are contingent upon successful completion of a pre-employment background check and drug screening. All qualified applicants with arrest or conviction records will be considered for employment in accordance with federal, state or local requirements such as the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act. Employees must be authorized to work in the US and employment is contingent upon presentation of acceptable documents as evidence of identity and employment authorization, as detailed on Form I-9.

Terra-Gen provides a comprehensive benefits package that promotes employee ownership, employee health, performance, and success, which includes medical, dental, vision, short and long-term disability, life insurance, an employee assistance program, paid time off, paid holidays, and 401(k) retirement savings plan with employer match.

The posted compensation is the range that we in good faith anticipate relying on when setting wages for this position. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in California. This salary range may also be modified in the future, depending upon skills, experience, education, and geographical location.