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Position: Real Estate Investment Accountant
Job Number: MS04774
Location: NY - New York City
Date Posted: 2019-01-09
Salary Range: $66-80k $81-100k
Job Summary:

The role sits on a small accounting team, works directly into the MD, and will assist with the day-to-day accounting, reporting, and operations functions of the fund.

Company Information:

Name: Leading Real Estate Firm

Job Description:

About the Fund:
• $40B AUM
• Investments across commercial, industrial, hotel, and residential properties
• 30+ Years in Business
• Typical Day: 8:30am – 6:00pm!!
• Great culture, young and fast paced environment
• High employee retention rate - position open due to someone being promoted/moved internally
• Small accounting team

About the Role:

• Perform financial, accounting and reporting functions for real estate investment portfolios
• Review and analyze property financial reports that include incomes statements, balance sheets, general ledgers, cash flow statements, bank reconciliations and other support documentation, to ensure material accuracy of property level reporting.
• Investment level accounting responsibilities including; compilation of acquisition, disposition, and loan financing entries, record fair value adjustments and audit adjustments, equity roll forwards and waterfalls, portfolio consolidations and eliminations
• Calculate performance returns.
• Forecast cash activity and client distributions requirements.
• Calculate portfolio investment returns, Assets under Management and fees for the designated group of portfolios.
• Delivery of accurate financial information to clients in accordance with client investment management agreements
• Prepare requests for new legal entity setup
• Special portfolio and firm projects as needed.

Requirements / Qualifications:

Bachelors Degree in Accounting

CPA or parts passed

RE/PE experience preferred

1-4 years of experience 

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