We are a family office that handles holdings in Real Estate, sophisticated trust and estate planning, and several other businesses. We are looking for an experienced controller with 10+ years of accounting experience to join our team.
This is an in-person position in our office in the Pacific Palisades 5 days/week.
Competitive pay and benefits are offered.

$150,000 - $200,000 yearly

Income Tax

• Manage engagement of CPA firm
• Manage all filings, payments, and deadlines including extensions and qtr estimates
• Annual consolidated corporate financial report (CPA Review)

Treasury

• Monitor and maintain all cash balances
• Initial all transfers, Wires, and ACH disbursements
• 20+ entities
• DDA’s, Savings, Investment portfolios

Distributions to principals and related parties

• Maintain schedules and calculations
• Initiate and record all cash disbursements (bank transfer, ACH)
• Prepare personal financial statements for all loan applications
• Bank reconciliations and month close for all entities (with assistance from staff accountant)
• Manage/maintain Yardi GL system including chart of accounts, entity/property list, templates, recurring transactions, etc
• Weekly and monthly detailed cash reporting

Monthly internal financial and managerial reporting for all entities

• Balance sheet
• Income statement
• Cash flow
• Budget variance
• Management Discussion and Analysis
• Create and maintain annual budgeting, including monthly detailed variance analysis
• Day-to-accounting, including AP processing (with assistance from staff accountant)
• Semi-monthly Payroll and 401-K distributions
• Manage related party receivables/payables, maintaining reconciled balances across entities
• Special projects
• Investor reporting
• Manage Project Accountant staff

Construction Accounting Responsibilities:

• Project Accounting/Reporting
• Prepare Construction/Development Project Cost Control & Reporting Package
• Project Cost Variance Reports
• Project Schedule
• Maintain Job Costs Summary
• Maintain summary and administration of change orders
• Prepare/maintain construction loan draw
• Review monthly AIA Form 702/703
• Review accuracy of third-party reports
• Contract Administration

Corporate Accounting

• Yardi management
• Assist in preparing tax projections and input packages
• A/P
• Bank recs
• J/E’s
• Reconcile wire x-fer and transfers
• Prepare investment reporting summary
• Maintain and update 12-month projected corporate consolidating cashflow

Property Management Accounting

• AP
• Review and maintain tenant records, including clean tenant ledgers
• Perform month-close procedure
• Prepare monthly financial package including budget vs actual analysis, delinquency reports, ; easing reports, etc.

Analysis

• Prepare commercial property accounting reconciliations
• Review project proforma and financing packages for accuracy
• Assist in the preparation of special projects and financial proforma reconciliations

Compliance

• Manage debt compliance review
• Manage note receivable compliance
• Assist in escrow coordination

• 10+ years of accounting experience with additional experience in real estate construction, property management, trust and estate planning, and/or private equity.
• Yardi experience required.
• Bachelor's Degree in Accounting, Finance, Economics or related field.
• Master's Degree preferred but not required.
• GAAP Knowledge
• CPA preferred but not required.
• Fluency in Microsoft Office suite (Outlook, Excel, Word, PowerPoint, etc.)
• Strong written, verbal and collaboration skills
• We will consider for employment all qualified Applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance

Westminster Capital Group is a private investment and management firm with extensive experience in real estate, finance, and private equity investments. Growing from a time-tested, vertically integrated, real estate-focused family enterprise, the Belzberg family has owned and directed Westminster Capital for more than 40 years. With a history dating back to the mid-1900s, the family-owned companies combined to be one of the largest developers and investors in the western United States and Canada.