RE FRO ARA Senior Associate

RSM•Los Angeles, LA

1d•Onsite

About The Position

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Requirements

Bachelor’s Degree in Accounting or Finance
Minimum of 4 to 5 years of accounting experience with an emphasis in the real estate industry
Experience in both public accounting and private industry accounting
Experience with investment companies
Be conscientious about achieving deadlines and have an accurate work product
Assume accountability for specific performance
Good written and verbal communication skills, including ability to articulate recommendations in a concise and timely manner
Detail-oriented and very analytical
Strong organization skills
Quantitative propensity with ability to spot errors
Strong computer skills in Microsoft Excel
Familiar and experienced in performance data returns
Familiar with internal rate of return calculations
Familiar with consolidating and equity method of accounting
Strong knowledge of GAAP and accounting pronouncements in general
Understand variance analysis when comparing actual to budget or historical results
Understand how to read and write financial statements

Nice To Haves

MRI (general ledger)

Responsibilities

Review all property management financial reports on the individual assets
Record the fair value adjustment for investments in real estate and debt
Record equity in earnings for joint ventures
Record minority interest for consolidated entities
Record Fund related transactions
Consolidate all investments within a Fund
Draft quarterly Fund financial statements
Interact with property accountants, banking personnel and asset managers
Draft financial information related to client quarterly questionnaires
Prepare Fund cash management transactions
Record and reconcile financial information
Prepare monthly, quarterly, and annual client reports
Prepare annual cash audit work papers
Prepare annual audit and tax work papers
Prepare internal and external performance returns
Prepare monthly Fund level bank reconciliations for checking accounts
Calculate and prepare statements of cash flows
Be able to establish educational goals necessary to enhance job skills
Be able to enhance technological skills
Exceptional computer skills in the operation and functioning of all programs used by the organization, i.e., Excel, Word, MRI (general ledger), Outlook E-Mail, and Internet research tools
Able to organize and summarize information in writing and to proofread work
Able to understand instructions and react favorably in work situations
Enjoy fast-paced, multi-task environment
Detailed, organized and communicative
Task and goal-oriented and capable of functioning in an entrepreneurial and corporate setting
Able to work in a dynamic office setting
Able to work occasional evenings and weekends