Real Estate Investment Accountant

Overview

The Investment Accounting group is responsible for accounting and reporting related to invested assets, including private equity, hedge funds, commercial residential loans, and equity securities. This role involves reconciliation of transactional data from various sub-ledgers to the general ledger and financial statements, as well as external reporting such as 10Q, 10K, Financial Supplement, STAT Audited Financials, and Investment NAIC reporting. The team also implements new GAAP and STAT accounting standards for invested assets, establishes accounting for new transactions or investment types, and manages risks, controls, and audits related to investments and Investment FP&A.

Responsibilities

• Manage accounting processes for monthly and quarterly close to ensure accuracy of invested assets data, focusing on real estate funds and property financials review
• Prepare statement of cash flows for investments (Real Estate Funds)
• Prepare investment disclosures for 10Q, 10K, and Financial Supplement, including Investment, Lending, Fair Value, VIE Footnotes, and Investment MD&A
• Lead process improvement initiatives in coordination with other department areas
• Manage annual investment-related NAIC STAT reporting exhibits, schedules, and disclosures
• Serve as point of contact and support for business units and corporate controllers
• Coordinate with organizational areas to understand new investment transactions and provide guidance to ensure accurate accounting across GAAP and STAT bases
• Prepare accurate net asset values (NAVs), yields, distributions, and other fund accounting outputs
• Prepare, review, and analyze financial reporting including GAAP financial statements (historical and investment company accounting), cash flows, budgets, REIT reporting, and project-specific reports
• Calculate and review LP/GP investor allocations, including incentive fees, management fees, waterfall calculations, IRRs, and manage capital calls/distributions
• Coordinate and monitor external audit processes
• Proactively identify and resolve accounting, reporting, and tax issues
• Manage joint-venture partner and property manager relationships, including review of monthly financial statements and coordination

Basic Qualifications

• Minimum 5 years of experience in Insurance, Financial Services, and/or Fund Accounting
• Minimum 2 years of Yardi experience in Real Estate

Preferred Qualifications

• Bachelor's degree in a quantitative field such as Finance, Accounting, Math, or Statistics; advanced degree or CPA is a plus
• Experience with a Big 4 or other internationally recognized CPA firm is a plus
• Experience in accounting and reporting for investments
• Demonstrated experience with financial reporting, financial statement presentation, budgeting, and transaction analysis
• Knowledge of fixed income and equity securities
• Strong knowledge of financial instruments including fixed income, equity securities, loans, and alternative investments
• Strong knowledge of GAAP accounting pronouncements, US GAAP, and US insurance statutory disclosure and reporting requirements for invested assets
• Experience in controllership or financial reporting roles in the public company insurance sector is a plus
• Experience developing executive-level presentation materials
• Excellent computer skills including Yardi, Microsoft Office Suite, and advanced Excel skills

Professional Skills

• Ability to work in an agile environment with comfort handling uncertainty and fluidity
• Strong written and oral communication skills
• Superior organizational skills with ability to multitask across systems and processes to meet deadlines
• Highly motivated with strong attention to detail, quantitative, and analytical skills
• Strong analytical and critical problem-solving abilities
• Ability to manage a broad range of stakeholders
• Self-starter and team player capable of communicating with diverse teams

Compensation & Benefits

Compensation varies by office location, role, skill set, and experience level. Hourly salary ranges by location include:

• California: $30.67 to $74.42
• Cleveland: $28.41 to $59.52
• Colorado: $30.67 to $64.28
• District of Columbia: $32.69 to $68.46
• Illinois: $28.41 to $64.28
• Maine: $26.15 to $54.76
• Maryland: $30.67 to $64.28
• Massachusetts: $30.67 to $68.46
• Minnesota: $30.67 to $64.28
• New York: $28.41 to $74.42
• New Jersey: $32.69 to $74.42
• Virginia: $28.41 to $68.46
• Washington: $32.69 to $68.46

The organization offers a competitive benefits package including medical, dental, vision, life, and long-term disability coverage, a 401(k) plan, bonus opportunities, paid holidays, and paid time off.

Location

Multiple U.S. locations including California, Cleveland, Colorado, District of Columbia, Illinois, Maine, Maryland, Massachusetts, Minnesota, New York, New Jersey, Virginia, and Washington.

Additional Information

• The posting is anticipated to remain open until 08/16/2026.
• Applicants must have work authorization in the United States that does not require visa sponsorship now or in the future.
• Reasonable accommodations are available for persons with disabilities or religious observances during the hiring process and employment.
• Equal employment opportunity is provided without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status, or any other protected status under federal, state, or local law.
• Criminal conviction history is not an absolute bar to employment.
• Employees are protected from discrimination related to pay discussions.
• Additional notifications apply for California residents, especially those working in Los Angeles County.