Sr. Accountant

About the role

Responsibilities

• Review asset level reporting prepared by asset level accountants.
• Responsible for accounting for investments, including preparing investment level financial statements and preparing GAAP adjustments as required by ASC 970 Real Estate Accounting and ASC 820 Fair Value Accounting.
• Accounting for investment level debt, property taxes, insurance payables and other non-operating accruals.
• Assist with real estate investment & debt schedules for valuations, prepare fair value entries and supporting cost & debt roll forwards.
• Calculation and accounting for property and development management fees and where required fund management fees based on fund tier levels.
• Preparation of balance sheet reconciliations and analytic reviews of investment level performance.
• Completion of quarter end and month end checklist.
• Assist in the preparation of accounting analyses and documentation for complex or non-routine transactions associated with real estate costs and development projects.
• Prepare schedules and support for audits, tax preparation and valuations.
• Accounting for acquisition and disposition of assets and booking of required funding.
• Assist in set-up of accounting structures.
• Monitor cash balances and liquidity needs in the investment structures, approving settlement of invoices and working with Managers on capital draws and distributions.
• Approval of non-operating accruals and accounts payable.

Requirements

• College degree in accounting or finance (BA or BS).
• 3+ years of previous GAAP accounting experience (preferably in Real Estate/Private Equity/or Capital Projects).
• Experience with fixed assets, capitalization policies, and strong understanding of ASC 970 and ASC 360.
• Big 4 or other public accounting experience (preferred).
• CPA (preferred).

Benefits

• Equity