Senior Project Accountant
About The Position
The Senior Project Accountant oversees accounting for a portfolio of assets, including specialized real estate investment structures, and supports full-cycle accounting for Bonaventure portfolio companies. The role also manages monthly surplus cash distributions, cash management, and reporting for portfolio companies. A successful candidate has a strong understanding of GAAP and accounting best practices, thinks critically, collaborates well, and works effectively in a fast-paced environment. The position provides an opportunity to develop knowledge of accounting and financial reporting for an integrated multifamily real estate investment enterprise. It includes reviewing and analyzing asset and corporate financial results, managing portfolio distributions, preparing consolidated financials, supporting audits and tax returns, and delivering reporting to internal and external stakeholders.
Requirements
- Bachelor of Science in Accounting or Finance.
- Public accounting or corporate accounting experience.
- Strong attention to detail and accuracy.
- Advanced Excel skills and proficiency in Microsoft Suite.
- A strong understanding of GAAP and accounting best practices.
- Ability to think critically, collaborate, and work in a fast-paced environment.
Nice To Haves
- Experience with RealPage or an equivalent reporting system.
- Experience with specialized real estate investment structures and investor distribution waterfalls.
- At least 3 years of accounting experience is highly preferred.
Responsibilities
- Oversee collaborative review, accounting, and financial analysis for a portfolio of assets.
- Manage monthly portfolio distributions end-to-end, including reviewing third-party property management calculations against financials, coordinating review and adjustments with internal teams, and ensuring distributions are accurately and efficiently disbursed.
- Perform timely and accurate monthly close functions for corporate entities, including recording journal entries, preparing and maintaining workpapers and reconciliations, and analyzing results.
- Account for specialized real estate investment structures and tax-advantaged vehicles, applying requirements for investor admissions, distributions, and compliance at corporate and property levels based on the applicable agreements.
- Prepare combined and consolidated financial statements for the corporate enterprise, including recording and reconciling intercompany activity.
- Review operating company financial reporting, including monthly budget variances, payroll reporting, and cash reconciliations.
- Help lead external audits and tax return preparation by providing requested documentation and coordinating with preparers.
- Manage intercompany and external investor loans, including calculating monthly interest.
- Provide timely ongoing reporting to internal and external stakeholders, including lenders, investors, and internal customers.
- Collaborate with and support property management, asset management, development, investor management, and outside groups.
- Understand the Company's internal controls over financial reporting and ensure consistent application of industry best practices.
- Complete cash management and reporting for portfolio companies.
Benefits
- Comprehensive benefit plans.
- Unlimited PTO.
- Seven paid holidays.
- 401(k) match.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
