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Senior Property Accountant

San Francisco, CA

Founded in 1993, DivcoWest is a multi-disciplinary real estate investment firm headquartered in San Francisco, with offices in Los Angeles, Menlo Park, Cambridge, Washington DC, Austin, and New York City. Known for our long-standing relationships and track record of success in innovation markets, DivcoWest combines entrepreneurial spirit with an institutional approach.

DivcoWest aims to create environments that inspire ingenuity, promote growth, and enhance the health, happiness, and well-being of all people. A disciplined code of ethics is at the core of all that we do. We believe that the collective energy of a diverse team is what drives our creative ideas and solutions.

Summary

Under the supervision of the Accounting Manager and Property Controller, the Senior Property Accountant will perform various duties to support the monthly, quarterly, and annual close process, along with providing tax accountants and auditors with information for projects assigned to them.

 

This role requires 3 days in office at our San Francisco, CA location. Please note that the in-office requirement is subject to change based on company needs. 

 

Responsibilities

Daily/Weekly

  • Project level cash analysis.
  • Review expenditures in NEXUS (AP system) & MRI (GL system).
  • Be available to respond to internal & external inquiries.
  • Perform vendor callbacks to verify updates to banking information.

Monthly

  • Ensure accounting transactions are recorded in accordance with GAAP.
  • Prepare calculation of various fees due to DivcoWest and third parties.
  • Record month-end journal entries and facilitate the closing process.
  • Responsible for balance sheet reconciliation (cash, AP, AR, etc.).
  • Responsible for maintaining the general ledger and updating supporting schedules and workbooks.
  • Ensure timely processing of debt service payments.
  • Assist Asset Managers with preparing and or submitting draw requests to lenders.

Quarterly

  • Participate in and help with the quarter-end close process.
  • Assist with preparation of quarterly financial statements and investor report.
  • Assist with ad hoc reports to Asset Management and lenders.

Annually

  • Assist with preparation of financial/workpaper support for auditors.
  • Assist with information gathering for financial statement preparation & footnote disclosure for annual audits.
  • Prepare financial packages for tax accountants and review partnership tax returns.
  • Be available to respond to tax & audit inquiries.

 

Additional Responsibilities

  • Work directly with the Property Accounting leaders on ad hoc projects.
  • Assist in accounting analysis on acquisitions and dispositions.
  • Involved with JV partners and communications.
  • Possess the ability to understand & interpret specific legal agreements (LP Agreements, LLC Agreements, Loan Agreements).
  • Maintain the confidentiality of all Company procedures.
  • Follow all Company Policies and Procedures.
  • Comply with all Company training requirements.
  • Maintain safe working environment.
  • Regular attendance at the job is essential.
  • Maintain a courteous, helpful, and professional attitude on the job. Display a willingness and ability to be responsive to all customer groups.
  • Perform other duties as assigned in a positive and helpful manner.

 

Qualifications

  • Bachelor’s degree in accounting and with a minimum of 3-5 years accounting work experience. Real estate, private equity, construction, and development strongly preferred.
  • CPA or CPA Candidate preferred.
  • System knowledge: MRI, Nexus, Excel (V-Lookups, Pivot Tables). MRI experience is highly preferred.
  • Working knowledge of partnership/fund accounting concepts.
  • Strong interpersonal skills and ability to create positive work environment for the team.
  • Exceedingly well organized, very flexible, and strong follow through.
  • Must be a self-starter that is highly motivated, deadline and detail oriented, and understands a sense of urgency.
  • Proactive, resourceful, efficient with strong decision-making skills; works independently exercise good judgement.
  • Enjoy the challenges of supporting a medium-sized department.
  • Expert level written and verbal communication skills; must possess high-level of professionalism and strong communication skills.
  • Prioritize and manage multiple projects simultaneously and follow through on issues in a timely manner.
  • Ability to interact with staff at all levels and personality types in a fast-paced environment sometimes under pressure.
  • Detail-oriented, quick learner and problem-solver with an active, curious intellect.

The person in this position must be able to:

  • Remain in a stationary position for 75% of the time working on a computer and attending virtual meetings.
  • Occasionally move about the office to access file cabinets, office technology, and attend meetings etc.

 

Compensation

  • $100,000-$130,000
  • Annual bonus opportunity
  • Full benefits 
  • 401k match (starting in 2026)
  • Flexible vacation policy
  • Weekly lunch stipend

 

 

Divco West Services, LLC (“Company”), an equal opportunity employer, is committed to equal opportunity for all employees and applicants.  The Company recruits, hires, trains, promotes, pays, and administers all personnel actions without regard to race, color, religion, sex (including pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), sex stereotyping (including assumptions about a person’s appearance or behavior, gender roles, gender expression, or gender identity), gender, gender identity, gender expression, national origin, age, mental or physical disability, ancestry, medical condition, marital status, military or veteran status, citizenship status, sexual orientation, genetic information, or any other status protected by applicable law.  We interpret these protected statuses broadly to include both the actual status and also any perceptions and assumptions made regarding these statuses. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. Please review our company Privacy Policy regarding the use of any personal information you provide us at: https://www.divcowest.com/privacy-policy/

 

This policy applies to all areas of employment, including recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, compensation, benefits, and all other privileges, terms, and conditions of employment.  This policy and the law prohibit employment discrimination against any employee or applicant on the basis of any legally protected status outlined above.

 

 

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