Portfolio accountant job description

• Manage multiple fund relationships, including scheduling and meeting all client deliverables
• Maintain/manage client expectations and coordinate deliverables timelines with staff
• Demonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity funds
• Participate in new business discussions with prospects and existing clients
• Company is very encouraging of movement between groups (Valuations, Accounting, Asset Management, Portfolio Management, Acquisitions, or Investor Relations) - this is essential for building leaders that understand the business structure inside and out.
• Position will report to Controller and play a vital role in the financial close and performance procedures (monthly, quarterly & annually) including: monitoring and reviewing financial reports for real estate assets; preparing investment acquisition and disposition forecasts; completing period desk top audits; calculating management fees and preparing forecasts; and various ad hoc projects
• Friendly and capable team in place providing mentorship & day-to-day guidance. The company has a great onboarding training plan for anyone new joining the group.
• Strong Compensation Package (Competitive Base, Annual Bonus, Profit Sharing)
• Hybrid in-office / work from home structure

Qualifications :

1) Bachelor of Accounting (required)

2) 1-3 years of applicable experience - relevant experience may come from Corporate Accounting / Finance, Public Accounting (External Audit / Assurance), Real Estate Accounting or a combination of the above.

3) Any exposure to Real Estate is a plus, but not required. Appreciation (even if it s for personal real estate investments) of the industry is a consideration

4) Desire to work cross-functionally, interact with other teams & learn the business - required

About Infinity Consulting Solutions

At Infinity Consulting Solutions our mission is to cultivate successful long term relationships with candidates and clients matching the right candidate with the right client. We believe technology cannot replace the real personal relationships we cultivate. We reject the notion that technology alone is the answer to staffing which is why we our successful partnerships rely on collaboration NOT automation. ICS has been providing flexible staffing solutions for over 20 years in Information Technology, Compliance, Accounting / Finance and Corporate Support. Our staffing solutions include Contract, Temp to Perm and Permanent Placement.

ICS is an Equal Opportunity Employer.

Job Type:Permanent
Job Industry:Real Estate

Salary:The pay we're offering is $105,000 per year

Description

We're looking for Portfolio Accountant, working in Real Estateindustry in Newton, Massachusetts, United States.

+ Prepares, generates and reviews financial reports and supporting work papers monthly, quarterly and annually on a GAAP basis.

+ Maintains the general ledger and prepares/reviews journal entries and general ledger account analysis.

+ Reviews monthly senior living communities' operating statements ensuring preparation in accordance with lease and management agreements.

+ Handles all financial aspects of several portfolios of senior living communities.

+ Assists in the internal audit process, including updating internal control policies and testing.

+ Maintains communication with the third party senior living communities' operations managers, Department Managers, Corporate Accounting, AR/AP and Systems Manager.

+ Assists with the preparation and review of SEC filings and related public disclosures.

+ Assists external auditors during their review of the company's public filings.

Our Client

Professional Staffing Group is one of Massachusetts' largest staffing companies. Recruitment leaders count on us for help. You can too!

Why? Because of the great service we provide. We were the "overwhelming winner" of the first Excellence Award for Customer Acquisition and Retention. Our customers' satisfaction means opportunity for you!

Want to work with someone who cares? We provide staffing to sponsored non-profits. Support scholarships and sponsorships. Give direct assistance to improve employability.

We care about you too! And we have the expertise to help. Do you want help with this opportunity?

Experience Required for Your Success

+ Bachelor's Degree in Accounting, Finance or Business Administration with 3.0 minimum GPA

+ 3 years of accounting experience

+ CPA preferred

+ Proficiency with Property Management/Accounting software

+ Yardi experience preferred

+ Proficiency with Excel, Word and other Windows applications

+ Ability to work in a fast-paced, collaborate and results-driven environment

+ Strong analytical skills and ability to identify areas of process improvement opportunities

+ Willingness to complete daily responsibilities and any special projects with high accuracy and timeliness

+ Strong attention to detail

+ Exceptional organizational skills and verbal and written communication skills

What Do You Think?

Does your experience reflect what it takes to be successful in this role? Do the work and challenges get you excited about what's possible?

The Senior Accountant provides accounting and support functions for the corporate accounting group. This position requires close coordination with various executives, as well as cross functional groups: Payroll, treasury, accounts payable, and management information system team. In addition, this position will work closely with external lenders and loan servicers.

+ Responsible for month-end close processes, including the preparation of various consolidated financial statements and analysis of financial results to be used in the preparation of public filings. Specific responsibilities include, but are not limited to:
+ Timely detail review workpapers prepared by staff accountant.

+ Prepare workpapers and post journal entries for certain key areas, such as management fees, accrued liabilities, financing activities, etc.

+ Assist in the preparation of variance analysis and quarterly reporting packages.

+ Prepare certain portions of the financial statements filed with the SEC and detail review sections prepared by the staff accountant.

+ Ensure financial records for various entities are maintained in compliance with U.S. GAAP.

+ Assist Senior Manager with board reporting deliverables.

+ Prepare debt compliance on a monthly/quarterly basis as required by the loan agreements.

+ Manage internal and external audit requests on a quarterly and annual basis.

+ Perform ad-hoc analysis as needed.

+ Bachelor's degree in accounting and a strong record of success in academic and work environments. Minimum GPA 3.0.

+ 3-5 years of accounting experience; public accounting experience and CPA or CPA candidate (preferred).

+ Experience at mortgage REIT or in specialty finance industry preferred.

+ Proficient with Microsoft Excel, Word and Yardi General Ledger (preferred).

+ Demonstrate knowledge of accounting practices and procedures with ability to research and recommend appropriate treatments.

+ Highly organized and able to handle multiple deliverables at one time.

+ Position requires ability to have strong attention to detail, and ability to effectively communicate with business partners and management as to accounting related matters.

The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR's vertical integration is supported by nearly 600 real estate professionals in over 30 offices nationwide who manage over $33 billion in assets under management and leverage 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of direct real estate strategies across its clients.

RMR's mission is to create long term value for our clients by managing their investments and assets "like we own it" - an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:

+ Integrity at Our Core.

+ Perform Passionately and Effectively.

+ Inspired Thinking.

+ Like We Own It.

+ Power of We.

+ Mutual Respect.

RMR has been rated a Top Place to Work by The Boston Globe and GlobeSt.com, and has been recognized by the U.S. Environmental Protection Agency (EPA), the Building Owners and Managers Association (BOMA) International and the Institute of Real Estate Management (IREM), among others (listed here), as a CRE industry leader.

Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.

Follow RMR on LinkedIn, on Instagram @thermrgroup and on Twitter @The_RMR_Group.

The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please click here. If you'd like more information on your EEO rights under the law, please click here.

ID: 2022-2179

Street: 255 Washington Street

Telecommute: No