Investment Accountant

Greystar; Massachusetts; On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Disability insurance

Life insurance

Paid time off

Sabbatical

Job summary

Greystar is seeking an Investment Accountant to handle financial reporting, investor reporting, cash management and capital transactions for the firm’s funds/ventures. This role supports audit processes, uses Yardi for GL duties, and requires familiarity with venture agreements and related financial controls.

The position involves preparing financial statements, coordinating with external auditors, and providing ad hoc reporting to lenders and investors.

Qualifications

• Experience preparing financials under US GAAP.
• Assist with quarterly and annual financials and ad hoc reporting.
• Support consolidation and investor reporting processes.

Responsibilities

• Prepare financial statements and supporting schedules.
• Manage day-to-day cash transactions and bank activity.
• Assist with capital contribution and distribution calculations.
• Coordinate external audits and provide requested documents.
• Maintain General Ledger in Yardi and ensure data integrity.
• Understand venture agreements, expenses, fees and commitments.
• Oversee third-party administrator as needed.
• Perform other duties as assigned by management.

Skills

US GAAP

Financial reporting

Cash management

Yardi

Audit coordination

Capital transactions

Investor reporting

Intercompany accounting

Tools

Yardi

Job description

About Greystar

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in more than 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world‑class service in the rental residential real estate business. To learn more, visit www.greystar.com.

About Greystar

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $350 billion of real estate in more than 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $34 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world‑class service in the rental residential real estate business. To learn more, visit www.greystar.com.

Job Description Summary

The Investment Accountant will be responsible for financial reporting, investor reporting, cash management, capital transactions, audit support, investment acquisitions, investment dispositions, and other general accounting functions.

Job Description

Key Job Responsibilities

• Financial Reporting: Prepare financials in accordance with US GAAP. Compile/assist with quarterly and annual financials. Prepare the quarterly reporting work-papers and reconciling accounts, referencing and tying out the consolidated financials, and prepare the support for the tables and charts that are included within the quarterly report, as necessary. Assist with any ad hoc investor reporting, lender reporting, compliance certificates, and other ad hoc third-party reporting requested.
• Cash Management: Assist with the management of the day-to-day cash transactions of each assigned fund/venture. This includes but is not limited to daily oversight of bank accounts, entering transactions into Yardi on a timely basis, foreign exchange transactions and cash forecasting and managing the intercompany bill-backs and accounts payable process, as necessary.
• Capital Transactions: Assist with the management of the allocation and documentation process for capital transactions between the funds/ventures and investors. Prepare contribution and distribution calculations and packets.
• Audit: On an annual basis, or in accordance with the legal agreements, assist with the audit management for each of the funds/ventures. Assist with the oversight of the day-to-day process of the audit from start to finish. Assist with the preparation of the PBC request list, upload audit documents, roll-forward prior year-end financials, assist in preparing tables and charts when necessary, and prepare the current audited financial statements when required.
• Yardi: Use Yardi software to house all the General Ledgers by entity. Enter journal entries, run reports for analytics as well as reporting, and use the Investment Management module for cash, contributions, distributions and other internal transactions.
• General: Understand the underlying agreements of each venture. Work to become familiar with the specific sections that are relevant to better understand the overall structure, including but not limited to: partnership expenses, fees, and commitments.
• Provide oversight and direction to the third-party administrator, when applicable.
• Other duties, as assigned by manager.

Additional Compensation

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

• Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
• Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered

• Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
• Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
• For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
• 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
• 401(k) with Company Match up to 6% of pay after 6 months of service.

Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).

Employee Assistance Program.

Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.

Charitable giving program and benefits.

Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

Greystar is an equal opportunity employer and does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, genetic information, military or veteran status, or any other characteristic protected by applicable law.

Important Notice

Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to [e-mail].