• Staff Accountant

    Job Locations US-CA-Los Angeles
    Job ID
    4335
    Function
    Accounting / Finance
    Location Name
    333 South Grand Avenue
  • Overview

    Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 47 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of over 3,500 professionals. With over $50 billion in assets owned or under development, the company’s portfolio is made up of best-in-class developments in premier high-barrier-to-entry markets across all asset classes. 

    Related was recently named one of the “50 Most Innovative Companies in the World” by Fast Company Magazine. Related has dramatically redefined the concept of metropolitan luxury by introducing extraordinary residential properties in Boston, Chicago, Los Angeles, San Francisco, New York City and Washington, D.C. With each new building, Related has been hailed for setting new standards of excellence in the luxury marketplace. Related also owns an extensive portfolio of workforce and affordable housing and has several new rental developments underway across the country. Among other leadership initiatives, they were the first landlord to accept credit card payments, one of the first developers to build sustainable high-rise buildings and the first national developer to go smoke-free. Related’s commitment to hospitality-level service in its residential buildings includes a proprietary training program that empowers employees to exceed its residents’ expectations, and an exclusive strategic partnership with Hello Alfred to provide a suite of personal life-enhancing services to residents. Related is also a strategic investor in category-defining companies including Equinox® and SoulCycle. For more information about Related Companies please visit www.related.com.

     

    Related Companies is an Equal Opportunity Employer.

    Responsibilities

    The successful candidate will be assigned to Phase I of Related’s Grand Avenue project, a 950,000 square foot landmark mixed-use project to be built on a 140,263 square foot parcel located in downtown Los Angeles directly across from the Walt Disney Concert Hall on Bunker Hill.  The Frank Gehry designed project will feature two towers on a 215,000 square foot retail and entertainment podium with public plaza.  Tower 1 will be developed into a 305 room Equinox hotel with meeting space and ancillary hotel amenities.  Tower 2 will combine approximately 215 market rate apartments with 86 affordable housing units and approximately 128 market rate condominiums on the upper floors.  This opportunity provides the candidate with a unique experience spanning the entire development process from conceptual design stage through completion of construction and asset stabilization/disposition with exposure to design, construction, financing, marketing, leasing, sales and operations.

     

     

    The Staff Accountant will work closely with the Controller and Senior Accountant on all aspects of accounting and financial reporting for the Grand Avenue project.  This is a key role on the accounting team with very dynamic demands and responsibilities that will change over time as the Project progresses from the pre-development stage to construction and eventually to the turnover to operations and/or sales of assets to third parties.  The ideal candidate should be a self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style that responds quickly and efficiently under tight deadlines.  This position will be based in Los Angeles.

     

    • Work with Senior Accountant on the day-to-day accounting for the Grand Avenue project
    • Assisting in the preparation of monthly development funding requisitions
    • Assist in the preparation of quarterly and year-end financial reporting, including any required journal entry adjustments
    • Process invoice billing and coding
    • Compile information for internal and external auditors
    • Assist with special projects and ad hoc requests
    • Maintain internal controls to ensure safeguarding of company assets and adherence to company standards

     

    Qualifications

    • Minimum of 2+ years of relevant accounting experience
    • Real estate development or construction company experience, a plus
    • CPA candidate preferred
    • Highly intelligent with analytical skills.
    • Proficient in Excel
    • Clear communicator with ability to interact with senior leaders
    • Team player
    • Superior organizational skills
    • A mature professional with excellent judgment and interpersonal skills
    • Knowledge of JD Edwards accounting software, a plus
    • Knowledge of e-Builder or similar Construction Management software, a plus
    • Minimum of Bachelor’s Degree in Accounting or Finance, Master’s Degree a plus

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