Accounting Manager, JV Fund Investment Accounting

Digital Realty•Dallas, TX

2d•$93,000 - $139,150•Hybrid

About The Position

This role will give you the opportunity to expand your skills as a Manager in an exciting, specialized industry where you’ll work independently and be in control of your assigned properties from an accounting standpoint. Under general supervision, you will have responsibilities related to a portfolio of properties, variance analysis, general ledger reconciliations, and presenting the data to Asset and Corporate Management with insights for better decision-making. If you want to bring your Property Management expertise to a successful venture where you’ll receive strong support from your supervisor and the accounting team, where everyone is open and willing to help each other, and where new opportunities are being created as due to strong company growth, then this could be the right role for you.

Requirements

7+ years of progressive accounting experience, with exposure to JV, real estate, or private equity structures.
BS in Accounting or Finance.
CPA required, or actively pursuing (strongly preferred).
Strong working knowledge of US GAAP with application to complex transactions, including experience in REIT accounting, with additional emphasis on equity method accounting, fair value accounting, lease accounting, debt structures, and JV agreements.
Experience with international real estate investments and currency translation a plus.
Solid knowledge of financial applications, concepts, and theories.
Demonstrated proficiency in journal entry preparation, account reconciliation and analysis.
Demonstrated aptitude with ERP systems; experience with Yardi is a plus.
High degree of comfort and strong desire to work in fast, dynamic environment.
Excellent communication skills, oral and written. A quick learner.
Advanced Excel knowledge is a must as this position will work with complex Excel spreadsheets.
Exceptional attention to detail.
Team player and ability to work independently.
Proven ability to manage and prioritize multiple concurrent workstreams across complex JV and fund structures, ensuring timely delivery in a deadline-driven environment.
Strong understanding of authoritative accounting literature that covers Real Estate and Corporate accounting groups.
Identifying and implementing process improvements and automation opportunities.

Nice To Haves

Experience with international real estate investments and currency translation a plus.
experience with Yardi is a plus.

Responsibilities

Assists the Senior Manager with overseeing our Fund and Joint Venture (JV) accounting, month end close and reporting functions.
Preparing routine and non-routine journal entries, including interest, management fee, capital contribution and distribution etc.
Prepare account reconciliations and analysis identifying potential issues and providing resolutions and/or adjusting journal entries.
Prepare month end, quarter end and year-end income statement reports and flux analysis for assigned portfolios. Process includes completing a thorough investigation and collaboration with internal and external parties.
Prepare and analyze JV/Fund financial statements to ensure accuracy and completeness.
Prepare monthly, quarterly and annual financial reporting packages for assigned portfolios.
Acting as a key liaison with Asset Management, FP&A, Legal and external partners.
Assist with external auditors to ensure correct and timely closing and reporting at year-end.
Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships.
Creating SOPs (Standard Operating Procedures) for existing and new processes.
Perform technical accounting research and translating accounting literature into actionable solutions.
Performing ad hoc projects as needed.