Accountant, Financial Reporting
About The Position
Ballast Investments (“Ballast” or “The Company”) is seeking an Accountant, Financial Reporting to support the Financial Reporting Accounting vertical. Under the general supervision of the Accounting Manager, Financial Reporting, the Accountant is responsible for the financial oversight of the general ledger activity related to the real estate assets under management. The Company is a vertically-integrated owner-operator of multifamily, student housing, and single family rental assets in the greater Western United States. The Company has several strategic partnerships with global institutional capital providers and has experienced strong growth since its founding in 2014. Ballast employs over 250+ real estate professionals whose mission is to create value by acquiring, developing, and managing our dwellings with exceptional care through an integrated approach. Our culture is founded on teamwork, authenticity, integrity and excellence. Through a shared purpose and common goal, the organization is built to serve its partners and communities within which it invests.
Requirements
- Bachelor’s degree in Accounting required
- 2+ years of accounting experience required
- Real estate, multifamily, or property accounting experience strongly preferred
- Experience owning month-end close and financial reporting for a portfolio, fund, or assigned set of entities preferred
- Strong Excel skills required, including filters, sorting, pivot tables, lookup functions, and reconciliations
- Experience with Yardi strongly preferred
- Strong knowledge of GAAP required
- Experience with lender reporting, investor reporting, audits, and legal entity accounting preferred
- Ability to work independently in a remote environment and manage competing deadlines across a high-volume portfolio
Responsibilities
- Own the full-cycle accounting and month-end close process for an assigned fund, including related property and legal entities
- Prepare and post monthly journal entries, including accruals, allocations, intercompany activity, debt activity, amortization, and other GAAP adjustments
- Prepare and complete monthly bank reconciliations, balance sheet reconciliations, and other supporting schedules timely and accurately
- Review property-level financial activity and analyze general ledger detail to ensure accuracy, completeness, and proper classification
- Prepare monthly, quarterly, and annual financial statements and reporting packages on a GAAP basis for internal, lender, investor, and other external reporting needs
- Perform detailed variance analysis and investigate unusual fluctuations, reconciling items, and reporting exceptions
- Maintain ownership of the general ledger for the assigned fund and develop a strong understanding of the fund structure, underlying entities, and property operations
- Coordinate with Accounts Payable, Treasury, Revenue, Asset Management, and Property Management teams to ensure transactions are properly recorded and reporting deadlines are met
- Partner with the AP team on coding, cutoff, and accrual-related matters, while AP processing and payment execution remain outside this role
- Read and understand legal agreements, including operating agreements, management agreements, loan documents, leases, and other governing documents, and apply that knowledge to accounting and reporting
- Support acquisitions, dispositions, refinancing activity, entity setups, and other significant transactions for assigned funds and properties
- Assist with audit and tax preparation, including preparing workpapers, support schedules, and responding to auditor and tax preparer requests
- Maintain organized and audit-ready accounting support and documentation for assigned funds and entities
- Perform other duties as assigned by management
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
