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Assistant Controller - Family Office

Decron Properties Corporate, 6222 Wilshire Blvd., Los Angeles, California, United States of America Req #241
Wednesday, March 30, 2022

Assistant Controller for Family Office 

Do you want to be part of a values-driven, 60+ year-old, multi-state company where customers and employees drive our success?

Decron Properties Corp. is a diversified real estate company specializing in the acquisition, development, and management of multifamily apartment buildings, commercial shopping centers, and office buildings.

Our Mission: We Create Great Communities Where We Live, Work, and Shop

Our Values:

Integrity: Do the Right Thing

Teamwork: Everyone Together

Empathy: Care for Our Customer

Pride: Respect Our Work

Accountability: Own It

Continuous Improvement: Never Stop Growing

Our Benefits: MedicalDentalVisionLifeShort and Long-term Disability401k with matchingDaily pay, and more!

Job Summary

Responsible for the overall preparation of all financial accounts and reports relating to the family office 

Reports to: Managing Director, Family Office

Supervises: Senior accountant and accounts payable

Job Duties:

The position generally consists of the following duties:

Family Office Accounting:

  • Ensure monthly intercompany are reconciled for all entities
  • Monitor timely payment of all expenses
  • Prepare Journal Entries for any account reclassifications
  • Prepare all financial statements of management and family-based entities.
  • Provide information to tax return preparers and answer questions.
  • Ensure year-end tax-based entries received from tax return preparers get posted.
  • Assist with all subscription documents for new investments
  • Assist with special projects as assigned by the Managing Director
  • Reconcile Yardi to Addepar reporting monthly for each entity
  • Ownership of all Yardi reporting including mobile 

Supervise Senior accountant & AP accountant:

  • Oversee processing of centralized disbursements for property taxes, legal invoices, business licenses, and interest on Lines of Credit.
  • Review cash receipt postings for management company and family entities
  • Review bank reconciliations for family entities.
  • Review and ensure accuracy for all family based loans and quarterly distributions 

Treasury Management:

  • Manage cash balances for all personal and trust accounts
  • Ensure timely reconciliation of related bank accounts.
  • Accounting for quarterly distribution Process:

Required Qualifications

  • Bachelor Degree in Accounting
  • 3+ years active supervisory experience
  • Familiarity with Equity/Investment accounting
  • Excellent verbal and written communication skills
  • Solid organizational skills, including the ability to prioritize and multi-task
  • Attention to detail and accuracy
  • Working knowledge of Microsoft Office Suite, including Word, Excel, and PowerPoint
  • Ability to multi-task and work in a fast-paced environment
  • Must possess strong work ethic
  • Must be a team player
  • Yardi experience

Desired Qualifications

  • 3+ years of broad-based accounting for real estate firms or family office
  • Addepar experience
Thank you for applying for a position at Decron Properties!

Other details

  • Pay Type Salary
  • Travel Required No
  • Required Education Bachelor’s Degree
Location on Google Maps
  • Decron Properties Corporate, 6222 Wilshire Blvd., Los Angeles, California, United States of America