Property Accounting Manager

COMPANY DESCRIPTION

Hackman Capital Partners, LLC (Hackman) is a privately held, real-estate investment and operating company, based in Los Angeles, California, that focuses on commercial industrial and studio properties in major U.S. and European markets. Founded in 1986, the firm has $10 billion in overall assets under management, with investments across 37 states—having owned, through our affiliated entities, over 330 properties totaling 37-plus million square feet. Recognizing the growing demand in urban markets, we were one of the early pioneers of converting industrial properties into creative office and media space in Southern California.

Today we are the world’s preeminent film and television studio platform—acquiring, operating, servicing, and developing independent studio properties in the industry’s top production markets. Our unrivaled portfolio of studio assets includes more than 131 active sound stages at 17 studio facilities- and another 80 stages planned or in development - across North America, the UK, Ireland, and Scotland.

Some of Hackman’s most notable Southern California projects include Radford Studio Center which includes 1.1 million square feet of studio space and broadcast facility, Television City Studios, a 780,000 square-foot television and broadcast facility with an opportunity to develop 1.2 million square feet; The Culver Studios, a 14.3-acre film and television studio campus and home of Amazon Studios The Culver Steps, a 1.16-acre, mixed-use development, directly adjacent to The Culver Studios and also home to Amazon Studios; Manhattan Beach Studios, a 587,000 square-foot studio on 21.8 acres; a 75,000-square-foot creative office conversion at 5500 West Jefferson Boulevard in Los Angeles; a 550,000-square-foot creative campus conversion in El Segundo; the Beats/Apple Southern California headquarters; and Westwood One Studios. Hackman Capital Partners is currently constructing approximately 1 million square feet of creative office and media-related campus space in Southern California.

Hackman Capital Partners is headquartered in Los Angeles, California and has an additional office in Columbus, Ohio. For more information, visit www.hackmancapital.com.

SUMMARY:

The Property Accounting Manager plays a pivotal role in overseeing property accounting operations within a dynamic real estate investment firm based in Culver City. Reporting directly to the Property Assistant Controller and higher management, this position leads a team of senior and staff accountants in executing day-to-day accounting activities, managing the closing process, and facilitating reporting for designated Asset and Joint Venture entities. With a primary focus on commercial lease, partnership, and joint venture accounting, the Property Accounting Manager ensures accuracy, efficiency, and compliance across all property-related accounting functions within a fast-paced environment.

Requirements

RESPONSIBILITIES:

·         Support the Assistant Controller in managing day-to-day accounting matters, coordinating the month-end closing process, and ensuring the timely delivery of accurate financial reporting.

·         Identify areas of efficiency gains and implement changes to enhance the timing of the monthly close.

·         Lead the coaching and training of senior and staff accountants to enhance efficiency and maintain accuracy.

·         Review monthly closing workbooks for completeness, accuracy, and compliance with company standards.

·         Prepare analytical reviews of the monthly operating results, including variance explanations, to provide insights into financial performance.

·         Oversee the monthly update of operating cash flows and monitor cash balances.

·         Coordinate the accurate and timely input of new and amended leases in MRI’s Commercial Management module, with a focus on detailed lease administration to further enhance property management and tenant relations.

·         Collaborate in the implementation of enhanced Lease Abstracting, to include a thorough identification of all lease clauses and their implications on financial and operational activities.

·         Manage the tenant billing process, ensuring the timely delivery of tenant statements and coordination with Property Management to guarantee the accuracy of recurring charges and any billing adjustments.

·         Process tenant billbacks as stipulated on the lease or as instructed by Property Management, ensuring charges are coded correctly and reflect the maintenance performed or services provided.

·         Coordinate with Property Management on the CAM reconciliation preparation and review process, and ensure the timely delivery of the annual CAM reconciliations.

·         Handle tenant move-outs and security deposit release processes, including charging for additional move-out related items or unpaid balances, with an improved understanding of procedures and compliance requirements.

·         Support internal and external departments with timely financial information, addressing inquiries and providing necessary support as needed.

·         Perform other duties, responsibilities, and activities as assigned by the Assistant Controller or higher management, adapting to changing priorities and requirements, with added emphasis on implementing new systems in MRI for better lease management.

SKILLS AND QUALIFICATIONS:

·         Bachelor’s degree in Accounting or Finance.

·         Minimum 5 years of accounting experience, including significant experience in commercial real estate.

·         Managerial experience preferred.

·         Advanced understanding US GAAP.

·         CPA Preferred.

·         Excellent communication and interpersonal skills.

·         Deadline oriented and able to thrive in a fast-paced, multi-tasking environment while maintaining strong attention to detail and accuracy.

·         Experience with MRI Software or similar accounting system.

·         Advanced Excel knowledge (pivot table and v-lookup).

·         Familiar with Microsoft Office 365.

Salary Range: $98,000 - $115,000 Yearly

Hackman Capital Partners is an equal opportunity employer and is committed to providing equal employment opportunities to all individuals regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other characteristic protected by federal, state, or local laws. We are dedicated to creating an inclusive environment for all employees.

We also provide opportunities in accordance with the ADA and will provide reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job, unless doing so would impose an undue hardship on the company.

Benefits

• Complimentary on-site valet Parking
• Lunch ordered on-site 3x week
• Well stocked pantry with "healthy" snacks
• Regular social events/team building
• 100% employer paid benefits for employee
• Generous coverage for dependents
• Generous 401k
• Dog Friendly workplace
• Generous Holidays Off