Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.
Real Estate Investment Accountant
Location
United States
Posted
4 days ago
Salary
$26 - $74 / hour
Seniority
Mid Level
No structured requirement data.
Job Description
Real Estate Investment Accountant
Accenture
Role Description The Investment Accounting group is responsible for the accounting and reporting for the client's invested assets, which includes private equity, hedge funds, commercial residential loans, and equity securities. The team's specific responsibilities include: - Reconciliation of transactional data from various sub ledgers (Clearwater, Investran, and LMS) to the general ledger and ultimately the client's financial statements. - All related external reporting for investments (10Q, K, Financial Supplement, STAT Audited Financials, and Investment NAIC reporting). - Implementation of new GAAP and STAT accounting standards as it relates to invested assets. - Establishing the accounting for new transactions or new investment types. - Management of risks, controls, and audit as it relates to investments and Investment FP&A. Key Responsibilities: - Manage the accounting processes related to the monthly and quarterly accounting close to ensure accuracy of invested assets data, specifically working on real estate funds and reviewing property financials. - Manage the preparation of statement of cash flows for investments (Real Estate Funds). - Manage the preparation of certain Investment disclosures for 10Q, K, and Financial Supplement, including all Investment, Lending, Fair Value, VIE Footnotes, and Investment MD&A. - Lead in new initiatives for process improvements, in coordination with other areas of the department organization. - Manage annual investment related NAIC STAT reporting exhibits, schedules, and disclosures. - Point of contact and support for the various business unit and corporate controllers. - Coordinate with various areas in the organization to develop an understanding of new investment transactions and provide guidance support that ensures the accounting results from these investments are accurately recorded in the client ledgers across multiple bases (GAAP and STAT). - Prepare accurate net asset values (NAVs), yields, distributions, and other fund accounting outputs for subsequent review. - Prepare, review, and analyze financial reporting, including GAAP financial statements (under both historical and investment company accounting), cash flows, budgets, REIT reporting, and other project-specific reporting. - Calculate and review LP/GP investor allocations including incentive fees, management fees, waterfall calculations, and IRRs. Capital Call/Distribution management. - Coordinate and monitor external audit process. - Proactively identify and resolve accounting, reporting, and tax issues. - Experience working with REITs accounting and financial statement preparation (Real estate investment trust) - preferred. - Manage joint-venture partner & property managers relationships including review of monthly financial statements and coordination with property managers. Qualifications - Minimum of 5 years' experience in one or a combination of the following: Insurance, Financial Services, and/or Fund Accounting. - Minimum of 2 years of Yardi in Real Estate experience. Requirements - Bachelor's degree with a major in a quantitative field (e.g., Finance, Accounting, Math, Statistics); advanced degree or CPA a plus. - Work experience with a “Big 4” or other internationally recognized CPA firm a plus. - Experience in accounting and reporting for investments. - Demonstrated experience with financial reporting/financial statement presentation, budgeting, transaction analysis. - Knowledge of fixed income and equity securities. - Strong knowledge and experience of financial instruments, including fixed income and equity securities, loans, alternative investments. - Strong knowledge and experience of GAAP accounting pronouncements, US GAAP and US insurance statutory disclosure and reporting requirements for invested assets. - Experience in controllership or financial reporting role at a public company; insurance sector experience a plus. - Experience developing executive level presentation materials. - Excellent computer skills, including Yardi, Microsoft Office Suite, and Advanced Excel skills. Benefits - Medical, dental, vision, life, and long-term disability coverage. - 401(k) plan. - Bonus opportunities. - Paid holidays. - Paid time off.
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