Asset Management - Real Estate Investments Accounting Controller Team - Vice President
About The Position
Join our team as a Vice President in the Investment Accounting Controller Team, where you'll support the financial reporting of one of the largest Commercial Real Estate portfolios. You'll collaborate with a team of seasoned professionals, overseeing various aspects of real estate financial analysis, accounting, structuring, and internal controls for properties within a designated geographic area. Additionally, you'll work closely with investment professionals on acquisitions, dispositions, and capital restructures, focusing on accounting treatment and transaction execution for REA funds and investors.
Requirements
- CPA certification
- 8+ years of real estate accounting experience, with a strong understanding of historical cost GAAP and FV (Fair Value) reporting standards.
- Bachelor’s degree in Accounting
- Strong understanding of complex real estate investment structures, mortgage documents, development management agreements, partnership agreements, property management and leasing agreements, and purchase and sale agreements
- Experience managing consultants and meeting time-sensitive deadlines
Responsibilities
- Cultivate and maintain strong relationships with REA investment team members, joint venture partners, and property managers.
- Conduct financial due diligence for acquisitions, collaborating with various REA departments, third parties, sellers, JV partners, and legal counsel.
- Reconcile and analyze differences between historical cost, tax and fair value accounting to provide insights into the financial performance and valuation of real estate assets.
- Provide oversight and guidance on accounting treatment, offering periodic feedback on the quality and thoroughness of work products.
- Review monthly operating results of investments for Fund consolidation and pricing, serving as an escalation point for reporting issues.
- Analyze financial statements and performance metrics (IRR, equity multiples, time-weighted returns, etc.) of real estate investments.
- Engage with independent external auditors and tax practitioners.
- Prepare and review materials valuable for business management, internal stakeholders, and investors.
- Manage outsourced staff, ensuring adherence to responsibilities and deadlines.
Benefits
- We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.
- We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more.
- Additional details about total compensation and benefits will be provided during the hiring process.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
