Staff Accountant, Ownership

1 month ago

Provo, United States PEG Companies,Inc Full time
Job DescriptionJob Description

Founded in 2003, PEG Companies is a vertically integrated owner, operator, and developer of multifamily, hospitality, and build-to-rent assets in the U.S. and Canada with a focus on the Mountain West. Headquartered in Provo, UT, PEG currently manages over $1.9B of AUM across seven commingled funds and various separate accounts with over 1,100 employees.

Accounting Overview

The accounting team is driven by quality, innovation, and collaboration. As a team, we strive to maximize our use of technology to improve our employees' experience and deliver a superior product. We are committed to being experts in our area and being a resource to all our stakeholders.

Responsibilities:

This position will play a crucial role in the ownership accounting team. Responsibilities include:

  • Perform monthly, quarterly, and annual financial statement closes within specified deadlines.
  • Maintain quality financial statements in a multi-entity environment.
  • Prepare financial statements in compliance with U.S. GAAP.
  • Reconcile project costs to the general ledger monthly for entities under development.
  • Assist with the preparation and processing of monthly draw submissions to the lender for each respective project under development.
  • Assist with the capitalization of completed projects.
  • Coordinate timely payments of debts, taxes, and other invoices.
  • Interpret fund and investor governing documents to ensure proper application of terms for investor allocations, management fees, and carried interest.
  • Communicate with the Assistant Controllers and the respective development managers and/or investment managers keeping them up to date on the status of projects.
  • Drive continual process improvement through the use and implementation of technology.
  • Follow PEG policies and procedures and comply with state and federal laws.

Management Responsibilities:

This position will report directly to the Assistant Controller over the ownership accounting team.

Requirements:

  • Bachelor’s degree in accounting preferred or in progress.
  • YARDI experience preferred.
  • Knowledge of accounting principles and procedures related to U.S. GAAP.
  • Familiar with Microsoft Excel.
  • Willingness to learn new systems and further knowledge of existing systems.
  • Strong written and verbal communication.
  • Ability to collaborate with those in the accounting department and outside of the accounting department.
  • Must be available to work in the office. Future opportunities for a hybrid work schedule after the training period is completed.

Physical Requirements:

  • Must be able to tolerate prolonged periods of sitting and/or standing at a desk in an assigned location.
  • Must be able to operate a computer, telephone, and/or keyboard and tolerate prolonged periods performing work using a computer, telephone, and/or keyboard.
  • Must be able to lift to 15 pounds at times.

Compensation:

Compensation in this position can include:

  • Competitive base salary.
  • Competitive benefits package.


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