Large real estate investment trust company is looking for an Investment Accounting Manager to serve as a key member of the Investment Accounting team to run the day-to-day activities of the group.
This is a hands-on role that will require deep involvement in the financial closing and financial statement preparation.
The Investment Accounting Manager will maintain the general ledger for assigned investments, adhere to internal controls and perform financial analysis and reporting.
The individual will also mentor and provide hands-on training to members of the accounting team, as well as develop process efficiencies and improvements.
The Investment Accounting Manager will work closely with the Assistant Controller & SVP Investment Accounting and manage a team of outsourced staff accountants.
Responsibilities:
Manage day-to-day accounting matters and month-end close process Review operating company trial balances and prepare month-end closing journal entries, lead schedules, and monthly financial packages (balance sheet, income statement, and operating metrics) Maintain quality and improve processes of monthly close, analytical review of monthly operating results and accounting workbooks in compliance with SOX controls Manage and own assigned investments to present key financial metrics and operating results Develop and review monthly accruals as well as other monthly close checklist items Prepare and facilitate approvals for asset acquisitions, asset valuations, purchase price allocations and dispositions Review and understand deal documents Review and monitor consolidation/elimination entries are complete and accurate Prepare supporting schedules and compile information for SEC reporting; assist with 10-K/10-Q tie out Review and monitor contributions and distributions Mentor and train the Investment Accounting Staff Assist with integration of newly acquired operations/assets to the company’s accounting process and systems Maintain and update the preparation of the company’s annual budget, monitor operating results and update forecasts; provide ad hoc reporting to management Coordinate with internal and external auditors
Qualifications:
3-5 years of progressive accounting experience, with minimum 2 year in public accounting CPA preferred Digital infrastructure and real estate/REIT or financial services industry experience strongly preferred.
Experience in investment management or private equity environment is desirable Intermediate understanding of financial modeling and concepts, including yields, DCF, cap rates, IRRs, etc.
Proficient with the Microsoft Office Suite, including strong Excel, and ERP system skills Yardi experience is highly preferred Strong analytical, problem-solving and organization skills Able to work independently and take initiative Able to adapt to changing priorities Able to work on multiple projects with accuracy and efficiency, while adhering to deadlines Excellent oral and written communication skills Detail-oriented