Fund Accountant

Phillips Edison & Company, Inc.; Cincinnati (OH); On-site; USD 52,000 - 70,000; Full time

Job summary

Phillips Edison & Company, Inc. is seeking a Fund Accountant to assist the Manager of Fund Accounting with preparing and reviewing monthly fund and property financial statements, reconciliations, and related journal entries.

You will support day-to-day accounting operations, respond to external inquiries, and help ensure Sarbanes-Oxley controls and audit requests are handled accurately in a fast-paced real estate portfolio environment.

Qualifications

• Bachelor's Degree in Accounting required.
• Minimum 2+ years of accounting experience.
• CPA or certification in progress preferred.
• Strong Excel proficiency and analytical skills.
• Excellent communication and organizational abilities.

Responsibilities

• Prepare and review monthly fund financial statements for partners.
• Review monthly property financial statements for internal asset management.
• Respond to external partner inquiries with clear explanations of results.
• Record month-end and quarter-end close entries including accruals, allocations, distributions, equity, fees.
• Prepare, document and reconcile to ensure Sarbanes-Oxley compliance.
• Develop and maintain fund processes and procedures.
• Respond to quarterly and year-end audit requests.
• Compile financial statements and ad hoc reports for stakeholders.
• Prepare quarterly debt covenant and other compliance calculations.

Skills

Excel

Communication

Organization

Team player

Education

Bachelor's Degree in Accounting

Tools

MRI

Wdesk

Job description

Position Summary

Responsible for assisting the Manager of Fund Accounting, the Fund Accountant is responding to the funds' reporting needs and information requests. Assist in preparing and reviewing period-end fund financial statements, property financial statements, reconciliations, and journal entries for the funds. Responsible for providing accounting insight related to the operations of the whole funds' portfolios. Assist in day-to-day accounting operations, and with special projects as needed.

Essential Duties and Responsibilities:

• Help prepare and review monthly fund financial statements to ensure that results are accurately and timely reported to our joint venture partners.
• Review monthly property financial statements to ensure that results are accurately and timely reported to our internal asset management team.
• Respond to external partner inquiries related to monthly financial statements, providing clear, accurate, and timely explanations of reported results.
• Assist in performing month-end and quarter-end accounting and close duties for the fund's management company and properties. This includes, but is not limited to, recording journal entries related to the following key areas: accruals, allocations, distributions, equity, fees, real estate assets.
• Appropriately prepare, record, and document reconciliations to ensure compliance with Sarbanes Oxley 404 requirements.
• Develop and maintainjob processes and procedures.
• Respond to various quarterly and year-end audit requests.
• Compile financial statements and ad hoc reports for use in reporting to both internal and external parties.
• Prepare quarterly debt covenant and other compliance-related calculations.

Education / Experience Requirements:

• Bachelor's Degree in Accounting required with a minimum of 2+ years of experience.
• CPA or requirements met for certification preferred.
• Excellent computer and analytical skills including a proficiency in Excel.
• Excellent communication and organization skills required.
• Proficient in Microsoft Office (Word, Power Point, especially Excel).
• Experience with MRI and Wdesk is preferred.
• Meticulous attention to details and accuracy.
• Ability to work in a team environment and to perform well in a fast-paced environment.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

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