Corporate Accounting Specialist
2 weeks ago
Company Background:
Established in 2003, PEG Companies, Inc. is a comprehensive owner, operator, and developer specializing in multifamily, hospitality, and build-to-rent properties across the U.S. and Canada, with a strong emphasis on the Mountain West region. Based in Provo, Utah, PEG oversees an impressive $1.9 billion in assets under management through multiple commingled funds and distinct accounts, employing over 1,100 professionals.
Accounting Division and Fund Accounting Team Overview:
The Accounting Division at PEG Companies is centralized and provides support to various organizational departments. The division is directed by a Senior Controller who reports to the CFO. The team comprises Controllers, Assistant Controllers, and Treasury personnel, all of whom report to the Senior Controller and manage diverse functions within the Accounting Division. The Assistant Controller heads the Corporate Accounting Team, which collaborates with all company departments and is responsible for management reporting. This team is innovative, addressing both macro and micro challenges within the integrated corporate framework.
Key Responsibilities:
This role is pivotal in Corporate Accounting, with duties that encompass:
- Ensuring the precise and timely preparation of quarterly and annual financial statements and partner reports.
- Collaborating with managers, analysts, and various accounting teams to guarantee accurate and timely financial reporting.
- Preparing financial documentation in accordance with U.S. GAAP and other applicable standards, particularly concerning investment firms, consolidation principles, and fair value assessments.
- Overseeing daily cash reconciliations and maintaining orderly Accounts Receivable.
- Assisting all management and accounting teams with internal and external billing processes.
- Interpreting governing documents to ensure the correct application of terms related to investor allocations, management fees, and carried interest.
- Promoting continuous process enhancements through technology utilization and implementation.
- Adhering to PEG policies and procedures while complying with state and federal regulations.
Qualifications:
- Self-motivated individual.
- Bachelor's degree in Accounting (CPA candidacy preferred).
- Preferred accounting experience.
- Able to engage effectively with individuals from diverse backgrounds.
- Capability to thrive in a fast-paced work environment.
- Proficient in Microsoft Excel and possess strong written and verbal communication skills.
- Familiarity with online platforms such as Asana, Outlook, and Microsoft Teams.
- Strong analytical, creative, and problem-solving abilities.
- Willingness and capability to research historical financial transactions and legal matters.
- Excellent organizational and critical thinking skills.
Physical Requirements:
- Ability to endure extended periods of sitting and/or standing at a desk.
- Capability to operate a computer, telephone, and/or keyboard, with prolonged periods of computer use.
- Ability to lift up to 15 pounds occasionally.
Compensation Package:
This position offers a compensation package that may include:
- A competitive base salary along with a discretionary bonus.
- A comprehensive benefits package.
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