Sr Real Estate Accountant

TIAA•Charlotte, NC

1d•$79,200 - $104,000•Onsite

About The Position

The Senior Investment Accountant ensures that investment accounting policies and procedures are correctly applied to financial transactions. Under minimal supervision, this job works directly with asset management, portfolio management and acquisition/disposition teams. This job leads a team to prepare month end closing reports and subsidiary quarterly financial analytics, and reports to senior management ensuring accurate asset evaluations.

Requirements

3+ years of accounting or audit experience

Nice To Haves

5+ years of accounting or audit experience
University degree in Accounting or Finance
CPA certification
Previous experience with Yardi
Strong proficiency with Microsoft Excel
Previous experience in a deadline driven environment
Experience with financial reporting

Responsibilities

Prepares timely and accurate GAAP work papers and supporting schedules to satisfy all investment accounting requirements for internal and external audits.
Reviews financial information for joint ventures to ensure compliance with investment accounting policies and procedures (sales, acquisitions, debt refinancing, REIT restructuring, and financial performance).
Incorporates frequent ad hoc financial inquiries into the monthly and quarterly reports, adding value by providing management insight into the activities of the underlying properties.
Calculates unlevered and levered, gross and net portfolio performance returns and property internal rates of return.
Converts modified cash basis accounting information provided by third party management firms to accrual basis to facilitate preparation of fair value GAAP basis financial statements.
Provides guidance to junior Investment Accountants regarding issues that require more advanced knowledge and experience.