Accounting Manager, Financial Reporting

Ballast; United States; On-site; USD 85,000 - 110,000; Full time

Job summary

Ballast is seeking an Accounting Manager, Financial Reporting in the United States. The role involves overseeing daily operations for financial statements, preparing complex accounting entries, and training the accounting team. Applicants should have a Bachelor’s degree in accounting or business, at least 5 years of accounting experience, and proficiency in Microsoft Office. Ballast values diversity and is an equal opportunity employer, ensuring fair employment practices.

Qualifications

• 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.

Responsibilities

• Oversee daily operations and monthly close process related to financial statements.
• Prepare and analyze complex accounting entries.
• Train and mentor accounting team members.

Skills

Detail oriented

Excellent communication skills

Ability to manage large volume of data

Proficiency in Microsoft Office

Strong accounting background

Education

Bachelor’s degree in accounting or business

Tools

Microsoft Excel

Job description

Ballast (“Ballast” or “The Company”) is seeking an Accounting Manager, Financial Reporting to support theFinancial Reporting vertical. Under the general supervision of the Controller, Compliance the AccountingManager, Financial Reporting is responsible for monthly financial reporting duties.

The Company is a vertically-integrated owner-operator of multifamily, student housing, and single familyrental assets in the greater Western United States. The Company has several strategic partnerships withglobal 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 cultureis 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

• 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 accounting department
• Other duties as assigned by the Accounting management team and Company Principals

Minimum Requirements and 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
• Strong knowledge of GAAP rules and regulations preferred

Key Skills and Competencies

• 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

Ballast Investments is committed to creating a diverse environment and is proud to be an equalopportunity employer. All qualified applicants will receive consideration for employment, and weprohibit discrimination and harassment of any type based based on race, color, religion, age, sex, nationalorigin, disability status, genetics, protected veteran status, sexual orientation, gender identity orexpression, or any other characteristic protected by federal, state, or local laws. BallastInvestments is also committed to compliance with all fair employment practices regarding citizenshipand immigration status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider foremployment qualified applicants with arrest and conviction records.

We thank all applicants who have applied however only those selected for an interview will becontacted.