Vice President, Real Estate Investment Accounting Controller

Job Summary

Join our team as a Vice President, Real Estate Investment Accounting Controller, where you'll support the financial reporting of one of the largest Commercial Real Estate portfolios. You'll collaborate with a team of seasoned professionals, overseeing various aspects of real estate financial analysis, accounting, structuring, and internal controls for properties within a designated geographic area. Additionally, you'll work closely with investment professionals on acquisitions, dispositions, and capital restructures, focusing on accounting treatment and transaction execution for REA funds and investors.

Job Responsibilities

• Cultivate and maintain strong relationships with REA investment team members, joint venture partners, and property managers.
• Conduct financial due diligence for acquisitions, collaborating with various REA departments, third parties, sellers, JV partners, and legal counsel.
• Reconcile and analyze differences between historical cost, tax and fair value accounting to provide insights into the financial performance and valuation of real estate assets.
• Provide oversight and guidance on accounting treatment, offering periodic feedback on the quality and thoroughness of work products.
• Review monthly operating results of investments for Fund consolidation and pricing, serving as an escalation point for reporting issues.
• Analyze financial statements and performance metrics (IRR, equity multiples, time-weighted returns, etc.) of real estate investments.
• Engage with independent external auditors and tax practitioners.
• Prepare and review materials valuable for business management, internal stakeholders, and investors.
• Manage outsourced staff, ensuring adherence to responsibilities and deadlines.

Required Qualifications, Capabilities, And Skills

• CPA certification
• 8+ years of real estate accounting experience, with a strong understanding of historical cost GAAP and FV (Fair Value) reporting standards.
• Bachelor’s degree in Accounting
• Strong understanding of complex real estate investment structures, mortgage documents, development management agreements, partnership agreements, property management and leasing agreements, and purchase and sale agreements
• Experience managing consultants and meeting time-sensitive deadlines

Key skills/competency

• Real Estate Accounting
• GAAP
• Fair Value Reporting
• CPA
• Financial Due Diligence
• Investment Structuring
• Financial Analysis
• Internal Controls
• Consolidations
• External Audit Management