Senior Real Estate Accountant

3 weeks ago


Atlanta, Georgia, United States Searchlogic Recruiting, LLC Full time
Job Summary

We are seeking a highly skilled Senior Real Estate Accountant to join our team at Searchlogic Recruiting, LLC. As a key member of our accounting team, you will be responsible for ensuring accurate and timely financial reporting to our equity partners and agencies.

Key Responsibilities
  • Post monthly and annual close activities for a portfolio of fund and REIT/TRS entities and their underlying properties.
  • Thoroughly review all financials and reconciliations to ensure accurate reporting.
  • Prepare all quarterly and annual audited financial statements for the funds, as well as some underlying properties, and coordinate with auditors and/or tax preparers.
  • Update and analyze valuation waterfalls for all Fund property investments on a quarterly basis for investments held longer than 1 year.
  • Prepare/manage capital roll forwards for all investment-level entities to be provided to the tax preparers at year-end for the preparation of the tax returns
  • Ensure compliance by referencing legal documents as necessary
  • Assist the Controller with monthly/quarterly calculations of distributable proceeds, and record distributions received by the fund/upper-tier entity in the general ledger
  • Manage inputs of certain financial information such as investment-level contributions and distributions from the general ledger to the fund accounting system
  • Calculate and record fund-level management fees and partnership expenses in the general ledger for the co-invest funds
  • Manage payments of fund management fees and other items reimbursable to the GP
  • Stay current on business transactions that affect the overall business, including acquisitions, dispositions, recapitalizations, amendments to operating agreements, new funds, and joint ventures, etc.
Requirements
  • 2-4 Years of experience.
  • Public accounting experience required- Big 4 preferred.
  • Fund accounting and real estate experience preferred.
  • Strong organizational, quantitative, and analytical skills.
  • Exceptional attention to detail while performing multiple assignments under tight deadlines.
  • Deep understanding of GAAP, financial accounting processes, and general ledger reconciliation.
  • Excellent communication skills that will allow you to interact with team members across all areas of the company.
What We Offer
  • Competitive Base Salary
  • Annual Bonus potential
  • Career Growth
  • Medical, Dental and Vision Coverage
  • 401(k) + Company Match
  • Apartment Rent Discount of 20%
  • 14 Days of PTO + 10 Paid Holidays
  • Employer Paid Short/Long-term Disability
  • Paid Parental Leave


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