Senior Corporate Partnership Accountant
2 weeks ago
The Senior Partnership Accountant plays a crucial role in the Corporate Accounting team, ensuring comprehensive support across various accounting functions. This position encompasses a wide range of responsibilities, including:
Key Responsibilities:- Execute accounting tasks related to joint ventures, which include managing monthly and quarterly distributions, contributions, and income allocations.
- Monitor equity accounts for ventures, focusing on waterfalls and HLBV calculations.
- Prepare reconciliations for equity method investments and noncontrolling interests, including calculations for EIE and NCI.
- Collaborate with other departments to generate transactional journal entries for acquisitions and dispositions, while assisting in the review and coordination of purchase price allocations.
- Support the preparation of shareholders' equity, demonstrating an understanding of stock-based compensation.
- Track and report UPREIT OP unit statements for unitholders, including the calculation of distributions and income allocations.
- Work alongside corporate accounting to prepare consolidating journal entries on a monthly and quarterly basis.
- Assist with internal and external audit requests during quarterly reviews and annual audits.
- Prepare and review various 10Q/K disclosures and other quarterly reporting schedules.
- Oversee Reg G/Non-GAAP reconciliations and reporting.
- Prepare and review financial statements for joint ventures, ensuring compliance with quarterly and annual reporting requirements, including coordination of annual stand-alone audits.
- Contribute to the preparation of the consolidated statement of cash flows, along with supporting cash flow schedules.
- Conduct technical and peer research, presenting findings effectively.
- Complete special projects as assigned by the leadership team.
- Bachelor's degree from an accredited institution, preferably in Accounting.
- A minimum of 2 years of experience in Public Accounting with a Big 4 Firm.
- CPA certification or actively pursuing CPA is mandatory.
- Ability to comprehend complex corporate structures and consolidation processes.
- Proficient in spreadsheet applications, particularly Microsoft Excel.
- Familiarity with Microsoft Office Suite (Word, Excel, PowerPoint, etc.).
- Experience with Yardi is advantageous.
- Strong written and verbal communication skills.
- Demonstrated ability to exercise independent judgment and discretion in business recommendations.
- Proven teamwork capabilities.
- Ability to manage multiple priorities effectively.
- Base Salary (subject to candidate experience): $90,000 - $115,000, plus attractive cash incentives.
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