Portfolio Accountant

### Key Responsibilities **Financial Reporting & Analysis** - Prepare and analyze monthly, quarterly, and annual financial statements (Profit & Loss, Balance Sheet, and Cash Flow) for each property within the portfolio. - Perform detailed variance analysis, comparing actual performance against approved budgets, prior year results, and historical data to identify trends and explain key drivers. - Provide commentary and insights to the CFO and property managers to support strategic decision-making and operational improvements. - Assist in the preparation of investor reporting packages for Blue Zone Capital Management (Hong Kong). **Full-Cycle Accounting** - Manage the general ledger for multiple properties and legal entities (SPVs), ensuring accuracy and compliance with Japanese accounting standards and GAAP. - Prepare and post complex journal entries, including those for fixed assets, depreciation, accruals, prepayments, and deferred revenue (e.g., deposits). - Oversee and support the Accounts Payable (AP) and Accounts Receivable (AR) processes, ensuring timely and accurate processing of invoices, vendor payments, and guest receipts. **Condo-Hotel Specifics** - Calculate, reconcile, and manage complex Common Area Maintenance (CAM) charges for condo-hotel properties, ensuring accurate allocation to unit owners. - Prepare and process monthly or quarterly owner distribution statements, calculating net revenue share based on operating agreements. - Ensure accurate tracking of unit-specific revenue and expenses, maintaining clear audit trails for individual owner accounts. - Reconcile and account for management fees earned by the operating company. **Budgeting & Forecasting** - Assist property managers and the CFO in developing annual operating budgets and rolling financial forecasts for each asset. - Monitor property-level cash flow to ensure adequate liquidity for operational needs and planned capital expenditures (CapEx). - Support the Asset Management division by providing financial data for CapEx project tracking and analysis. **Compliance & Audit** - Ensure compliance with all relevant accounting standards and local tax regulations. - Prepare and file accurate sales tax (consumption tax) and occupancy tax returns for each property. - Coordinate with external auditors during year-end reviews and audits, providing necessary schedules, support, and reconciliations. - Assist in maintaining robust internal controls over financial reporting at the property level. **Bank & Systems Reconciliation** - Perform monthly bank reconciliations for all operating and reserve accounts associated with the portfolio. - Ensure data integrity and seamless integration between the General Ledger and on-site Property Management Systems (PMS), investigating and resolving discrepancies. - Support the implementation and optimization of financial systems and software. ### Qualifications & Experience **Essential** - Bachelor's degree in Accounting, Finance, or a related field. - Solid understanding of full-cycle accounting, including general ledger management, journal entries, and financial statement preparation. - Demonstrated experience with condo-hotel or similar complex ownership accounting, including CAM reconciliation and owner distributions. - Strong proficiency in accounting software and Microsoft Excel; experience with Property Management Systems (PMS). - Excellent analytical and problem-solving skills, with a keen attention to detail. - Strong written and verbal communication skills in Japanese (native), with business-level English proficiency. **Preferred** - Minimum of 3-5 years of progressive accounting experience, with a focus on real estate, property management, or hospitality. - Experience working in a multi-entity environment (e.g., SPVs). - Familiarity with Japanese tax regulations, including consumption tax filings for real estate. - Experience with budgeting, forecasting, and variance analysis. - Progress toward or possession of a professional accounting qualification (e.g., CPA, 2 Nisshoken Boki).