Ballast Investments, LLC

Role Description Ballast Investments (“Ballast” or “The Company”) is seeking an Accountant, Financial Reporting to support the Financial Reporting Accounting vertical. Under the general supervision of the Accounting Manager, Financial Reporting, the Accountant is responsible for the financial oversight of the general ledger activity related to the real estate assets under management. The Company is a vertically-integrated owner-operator of multifamily, student housing, and single family rental assets in the greater Western United States. The Company has several strategic partnerships with global institutional capital providers and has experienced strong growth since its founding in 2014. Ballast employs over 250+ real estate professionals whose mission is to create value by acquiring, developing, and managing our dwellings with exceptional care through an integrated approach. Our culture is founded on teamwork, authenticity, integrity and excellence. Through a shared purpose and common goal, the organization is built to serve its partners and communities within which it invests. Primary Responsibilities - Own the full-cycle accounting and month-end close process for an assigned fund, including related property and legal entities. - Prepare and post monthly journal entries, including accruals, allocations, intercompany activity, debt activity, amortization, and other GAAP adjustments. - Prepare and complete monthly bank reconciliations, balance sheet reconciliations, and other supporting schedules timely and accurately. - Review property-level financial activity and analyze general ledger detail to ensure accuracy, completeness, and proper classification. - Prepare monthly, quarterly, and annual financial statements and reporting packages on a GAAP basis for internal, lender, investor, and other external reporting needs. - Perform detailed variance analysis and investigate unusual fluctuations, reconciling items, and reporting exceptions. - Maintain ownership of the general ledger for the assigned fund and develop a strong understanding of the fund structure, underlying entities, and property operations. - Coordinate with Accounts Payable, Treasury, Revenue, Asset Management, and Property Management teams to ensure transactions are properly recorded and reporting deadlines are met. - Partner with the AP team on coding, cutoff, and accrual-related matters, while AP processing and payment execution remain outside this role. - Read and understand legal agreements, including operating agreements, management agreements, loan documents, leases, and other governing documents, and apply that knowledge to accounting and reporting. - Support acquisitions, dispositions, refinancing activity, entity setups, and other significant transactions for assigned funds and properties. - Assist with audit and tax preparation, including preparing workpapers, support schedules, and responding to auditor and tax preparer requests. - Maintain organized and audit-ready accounting support and documentation for assigned funds and entities. - Perform other duties as assigned by management. Qualifications - Bachelor’s degree in Accounting required. - 2+ years of accounting experience required. - Real estate, multifamily, or property accounting experience strongly preferred. - Experience owning month-end close and financial reporting for a portfolio, fund, or assigned set of entities preferred. - Strong Excel skills required, including filters, sorting, pivot tables, lookup functions, and reconciliations. - Experience with Yardi strongly preferred. - Strong knowledge of GAAP required. - Experience with lender reporting, investor reporting, audits, and legal entity accounting preferred. - Ability to work independently in a remote environment and manage competing deadlines across a high-volume portfolio. Key Skills and Competencies - Strong sense of ownership and accountability over assigned funds and reporting deadlines. - Ability to manage full-cycle accounting responsibilities independently with limited oversight. - Strong analytical skills with the ability to investigate issues, resolve discrepancies, and explain financial results clearly. - Detail-oriented with the ability to work accurately in a fast-paced, deadline-driven environment. - Strong organizational skills and ability to prioritize multiple deliverables across month-end, quarter-end, and year-end cycles. - Working knowledge of fund structures, intercompany relationships, and property-level accounting transactions. - Effective verbal and written communication skills, with the ability to coordinate across accounting, operations, and leadership teams. - Proactive mindset with the ability to identify issues early and drive them to resolution. - Ability to interpret agreements and apply them to accounting conclusions and reporting requirements. Company Description Ballast is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment, and we prohibit discrimination and harassment of any type based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Ballast Investments is also committed to compliance with all fair employment practices regarding citizenship and immigration status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Role Description Ballast (“Ballast” or “The Company”) is seeking an Accounting Manager, Financial Reporting to support the Financial Reporting vertical. Under the general supervision of the Controller, Compliance, the Accounting Manager, Financial Reporting is responsible for monthly financial reporting duties. The Company is a vertically-integrated owner-operator of multifamily, student housing, and single family rental assets in the greater Western United States. The Company has several strategic partnerships with global institutional capital providers and has experienced strong growth since its founding in 2014. Ballast employs over 250+ real estate professionals whose mission is to create value by acquiring, developing, and managing our dwellings with exceptional care through an integrated approach. Our culture is founded on teamwork, authenticity, integrity, and excellence. Through a shared purpose and common goal, the organization is built to serve its partners and communities within which it invests. - Oversee daily operations and monthly close process relating to financial statements and joint venture rollups to ensure accuracy of financial statements and identify any corrections or training needed. - Prepare and analyze complex accounting entries related to property acquisitions, dispositions, refinances, recapitalizations, and joint ventures. - Review ownership entity contributions/distributions in accordance with governing documents. - Reconcile, investigate, and resolve accounting transactions related to financial statements. - Read and understand legal agreements including operating agreements, management agreements, loan documents, leases, etc. and apply knowledge to property reporting. - Train and mentor accounting team members and provide periodic performance reviews. - Create, analyze and improve processes and procedures for the accounting department. - Other duties as assigned by the Accounting management team and Company Principals. Qualifications - Bachelor’s degree in accounting or business required. - Minimum 5 years or more accounting work experience. - 2+ years of experience as an accounting manager or related position. - 3+ years of experience with property accounting for joint ventures for institutional real estate investments. - Proficiency with Microsoft Office suite of products and Microsoft Windows. - CPA License or public accounting experience preferred. - Intermediate to Advanced Excel skills required (pivot tables, index and match, etc.). - Real estate and/or construction and/or property management experience required. - Yardi experience preferred. - Strong knowledge of GAAP rules and regulations preferred. Requirements - Detail oriented and able to manage large volume of data with speed and accuracy. - Able to plan, organize, and prioritize workload to meet deadlines. - Proven track record in maintaining efficient filing and records retention of financial documents. - Strong accounting background including extensive experience with general ledger and entity level transactions. - Excellent communication skills (verbal and written) with ability to communicate internally with team members as well as externally with vendors and other service providers. Benefits - Ballast is committed to creating a diverse environment and is proud to be an equal opportunity employer. - All qualified applicants will receive consideration for employment, and we prohibit discrimination and harassment of any type based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. - Ballast is also committed to compliance with all fair employment practices regarding citizenship and immigration status. - Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.