Careers • SeattleAccounting

Residential Property Management – Accounting Assistant

Established 30 years ago, Westbank is private real estate development practice, headquartered in Vancouver, Canada. We are dedicated to the creation of inspiring, mixed-use projects, concentrating primarily in our core cities of focus: Vancouver, Toronto, Seattle, Tokyo and San Jose. Our body of work includes residential, hotels, retail, creative workspace, district energy, net zero carbon initiatives, affordable housing, exhibitions and public art, with over $50B of projects completed or under development. As our practice has evolved, we have assembled a collection of cultural enterprises including restaurants, gyms, spas, music venues, private members clubs, fashion, dance schools and food halls, known as the Westbank Ecosystem, which we weave throughout our projects. We bring this ecosystem to life through collaborations with some of the most talented artists, architects, designers and entrepreneurs in the world.

As we have evolved, we have taken on initiatives of greater ambition, in our cities of focus. We are always looking for talented, passionate and committed individuals to join our growing team. It’s our work together that makes it all possible.

Westbank is seeking an Accounting Assistant who will work with the Seattle team to provide support for residential property management accounting for the US residential rental portfolio. Westbank expects our residential rental portfolio to increase rapidly over the next five years as we complete construction of several residential rental towers in Seattle. As a result, we are seeking a candidate that will be able to adapt to continuing change and process improvements to reflect the increased importance of the residential rental operations. The successful candidate will be responsible for receivable and payable functions, including:

Accounts Receivable

  • Prepare and maintain monthly accounts receivable duties, including set up of monthly pre-authorized payment, deposit and record receipts, and issue refund of security deposit according to the residential tenancy rules.
  • Review residential lease contract and manage move in/move out accounting process
  • Send out invoices and collection follow up with building manager, as needed

Accounts Payable

  • Verify invoice accuracy, coding invoices, obtaining approvals, and entering into accounting system
  • Check processing and wire transfer payments
  • Responsible for accurate and timely vendor payments
  • Follow-up with consultants/vendor for inquiries or discrepancies
  • Process corporate invoices and expense reports
  • Year end 1099 preparation

Technical and Other Support

  • Working knowledge of local rental laws and rules
  • Work closely with property management team to coordinate tenant related accounting tasks
  • Perform other accounting or administrative tasks as needed
  • Ability to function in a multi-currency and multi-entity environment
  • Administrative duties including photocopying, filing, preparing, organizing and maintaining accounting/contract records

Candidate should possess at a minimum:

  • An Associate Arts accounting degree with a minimum of 1 year of work experience directly related to residential property management in a multi-entity environment
  • Strong verbal and written communication skills
  • Advanced computer skills as well as proficiency in the Microsoft Office suite
  • Strong organizational skills, ability to adapt to multiple demands, set priorities and achieve results on a timely basis
  • Analytical thinker and ability to readily grasp new concepts and adapt to a fast paced, ever-changing environment
  • Experience using the Yardi Voyager accounting system

This position continues to evolve as the Company expands and adapts to a changing environment. It is therefore subject to ongoing change and demands someone that is willing to adapt to these changing demands.

Compensation is dependent upon experience.