Investment Accountant

Overview

The investment accountant is responsible for financial reporting, investor reporting, cash management, capital transactions, audit support, investment acquisitions and dispositions, and other general accounting functions.

Responsibilities

• Financial Reporting

  • Prepare financial statements in accordance with US GAAP.
  • Assist with quarterly and annual financial reporting.
  • Prepare quarterly reporting work-papers and reconcile accounts, tying out to consolidated financials.
  • Support preparation of tables and charts included in quarterly reporting, as needed.
  • Provide ad hoc support for investor reporting, lender reporting, compliance certificates, and other third-party reporting upon request.

• Cash Management

  • Assist with day-to-day cash transactions for each assigned fund/venture.
  • Oversee daily bank account activity.
  • Enter transactions into Yardi on a timely basis.
  • Support foreign exchange transactions.
  • Assist with cash forecasting.
  • Manage intercompany bill-backs and the accounts payable process, as necessary.

• Capital Transactions

  • Support the allocation and documentation process for capital transactions between funds/ventures and investors.
  • Prepare contribution and distribution calculations and related packets.

• Audit Support

  • Assist with audit management on an annual basis, or in accordance with legal agreements, for each fund/venture.
  • Oversee the audit process from start to finish.
  • Prepare the PBC request list, upload audit documents, and roll-forward prior year-end financials.
  • Assist in preparing tables and charts when necessary.
  • Prepare current audited financial statements when required.

• Yardi and Reporting Tools

  • Use Yardi software to maintain general ledgers by entity.
  • Enter journal entries and run reports for analytics and reporting.
  • Use the Investment Management module for cash, contributions, distributions, and other internal transactions.

• Venture Accounting Support

  • Understand underlying venture agreements, including relevant sections related to partnership expenses, fees, and commitments.
  • Provide oversight and direction to a third-party administrator when applicable.

• Other Duties

  • Perform additional duties as assigned by the manager.

Requirements

• Ability to prepare financial reporting in accordance with US GAAP.
• Experience supporting quarterly and annual reporting processes.
• Familiarity with reconciliation and work-paper preparation.
• Experience using accounting software, including Yardi.
• Ability to support cash forecasting and bank account oversight.
• Ability to assist with audit processes, including preparation of required documentation and roll-forwards of prior year-end financials.

Preferred Qualifications

• Experience supporting investor and lender reporting.
• Familiarity with investment management accounting activities, including cash, contributions, and distributions.
• Experience reviewing partnership expenses, fees, and commitments within venture agreements.

Compensation & Benefits

Additional compensation

• Pay is determined by business requirements, prior experience, current skills, and geographical location.
• Corporate positions: In addition to base salary, this role may be eligible for a quarterly or annual bonus program based on individual and company performance.
• Onsite property positions: In addition to base salary, this role may be eligible for weekly, monthly, and/or quarterly bonus programs.

Robust benefits offered

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
  • Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
• Generous Paid Time Off:
  • New hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays.
  • Birthday off after 1 year of service.
  • Additional vacation accrued with tenure.
• Onsite housing discount for onsite team members (subject to discount and unit availability).
• 6-week paid sabbatical after 10 years of service (and every 5 years thereafter).
• 401(k) with company match up to 6% of pay after 6 months of service.
• Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
• Employee Assistance Program.
• Critical Illness, Accident, Hospital Indemnity, Pet Insurance, and Legal Plans.
• Charitable giving program and benefits.
• Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to collective bargaining agreements and/or local governing authority.

Equal opportunity and record consideration

• Qualified applicants with arrest and conviction records will be considered.
• Equal opportunity employer; does not discriminate based on protected characteristics.

Location

Not specified in the provided job description.