Accounting Manager, Financial Reporting

Ballast Investments, LLC • San Francisco, CA

6d • Remote

About The Position

Ballast (“Ballast” or “The Company”) is seeking an Accounting Manager, Financial Reporting to support the Financial Reporting vertical. Under the general supervision of the Controller, Compliance the Accounting Manager, Financial Reporting is responsible for monthly financial reporting duties.

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 or business required
• Minimum 5 years or more accounting work experience
• 2+ years of experience as an accounting manager or related position
• 3+ years of experience with property accounting for joint ventures for institutional real estate investments
• Proficiency with Microsoft Office suite of products and Microsoft Windows
• Intermediate to Advanced Excel skills required (pivot tables, index and match, etc.)
• Real estate and/or construction and/or property management experience required
• Strong knowledge of GAAP rules and regulations preferred
• Detail oriented and able to manage large volume of data with speed and accuracy
• Able to plan, organize, and prioritize workload to meet deadlines
• Proven track record in maintaining efficient filing and records retention of financial documents
• Strong accounting background including extensive experience with general ledger and entity level transactions
• Excellent communication skills (verbal and written) with ability to communicate internally with team members as well as externally with vendors and other service providers

Nice To Haves

• CPA License or public accounting experience preferred
• Yardi experience preferred

Responsibilities

• Oversee daily operations and monthly close process relating to financial statements and joint venture rollups to ensure accuracy of financial statements and identify any corrections or training needed
• Prepare and analyze complex accounting entries related to property acquisitions, dispositions, refinances, recapitalizations, and joint ventures
• Review ownership entity contributions/distributions in accordance with governing documents
• Reconcile, investigate, and resolve accounting transactions related to financial statements
• Read and understand legal agreements including operating agreements, management agreements, loan documents, leases, etc. and apply knowledge to property reporting
• Train and mentor accounting team members and provide periodic performance reviews
• Create, analyze and improve processes and procedures for accounting department
• Other duties as assigned by the Accounting management team and Company Principals

What This Job Offers

• Job Type: Full-time
• Career Level: Manager