Senior Accountant, Real Estate

Appcast; Boston (MA); Hybrid; USD 60,000 - 95,000; Full time

Job summary

An established industry player in real estate is seeking a motivated Senior Accountant to join their Finance Team. This role involves overseeing financial reporting for a diverse portfolio and collaborating with various teams to ensure accuracy and compliance. The ideal candidate will possess a strong background in accounting, particularly within the real estate sector, and demonstrate exceptional organizational and communication skills. With a commitment to excellence and collaboration, this position offers a unique opportunity to contribute to a team that values integrity and long-term growth in a dynamic environment.

Benefits

Hybrid Work Model

Professional Development Opportunities

Collaborative Work Environment

Qualifications

• 2-4 years in accounting or similar role with real estate experience.
• Strong understanding of US GAAP accounting and financial reporting.

Responsibilities

• Oversee monthly and quarterly close processes for US portfolio.
• Prepare financial reports and assist in cash flow forecasting.

Skills

Organizational Skills

Communication Skills

Problem-Solving Skills

Financial Analysis

Excel Proficiency

Education

B.S. in Accounting

CPA

Tools

Yardi

Excel

Payscan

Argus

Job description

Pembroke is an international real estate advisor that acquires, develops and manages properties and places - specializing in mixed-use and office environments in the world's leading cities. We believe that properties that stand the test of time deserve a lot of time. So, we take a different approach : a thoughtful approach.

We're united by a belief that real estate is more than just buildings. Our mission is to create long-term value through our global expertise, local knowledge, and passion for real estate. Comprised of experts across a variety of fields, our team consistently strives for excellence, achieves with integrity and embraces collaboration. Working together, we create places people love.

Over the past twenty-five years, we've grown with offices in Boston, Hamburg, London, Munich, San Francisco, Stockholm, Sydney, Tokyo & Washington DC managing approximately 837,000 sq m / 8.9m sq ft in North America, Europe and Asia Pacific. Facilitating the private capital of FMR LLC (Fidelity Investments) and FIL Limited, we invest in global markets with long-term growth potential.

By combining a global point of view with local expertise, we're able to create and manage world-class properties that deliver the best outcomes for our tenants, investors and the communities in which we work.

For more information, visit our website : https : / / www.pembroke.com / .

The Role

Pembroke is looking to hire a highly motivated individual to join our Finance Team. Reporting to the Director of Finance, the Senior Accountant will be responsible for the accounting of a subset of the US Portfolio and support of relevant investor entity activity. This work will include overseeing quarterly and monthly financial reporting, assisting in cash flow forecasting, and preparing lender reporting.

Candidates should demonstrate strong organizational skills, the ability to communicate effectively across multiple channels and geographies and possess an interest in learning about the real estate industry. In addition, candidates should demonstrate Pembroke's core values of striving for excellence, achieving with integrity, and always collaborating.

• Assist in the oversight of the monthly and quarterly close process and day-to-day accounting for Pembroke's US portfolio; ensure accuracy of transactions recorded by third party property accountants who are responsible for daily bookkeeping; detail review monthly balance sheet reconciliations; investigate and resolve any discrepancies.
• Manage third party accounting service providers for assigned properties; support and respond to day-to-inquiries as necessary.
• Prepare for and lead quarterly financial reviews with property management and asset management.
• Assist in the preparation of annual budgets and reforecasts; analyze variances between budgeted figures and actuals.
• Prepare monthly and quarterly debt compliance packages and certificates for delivery to lenders.
• Support external audits.
• Provide tenant financial due diligence analysis to asset management and other business partners as necessary.
• Support Pembroke's US management company branch accounting.
• Collaborate with investor corporate accounting and tax teams on monthly close and consolidation activities; provide accounting records on a timely basis and respond to inquiries.
• Prepare reconciliations and other deliverables for select business units which Pembroke provides management or development support to.
• Assist in improvement and implementation of new systems, e.g. Yardi, Payscan, and Argus, and automation of reporting.

The Expertise and Skills You Bring

• B.S. in accounting, finance, or economics and CPA is a plus, although not required
• 2-4 years in an accounting or similar role, with real estate investment experience
• Experience with US GAAP accounting and financial reporting and Yardi 7S / Yardi Elevate Construction Manager
• Proficient in Excel and experience with accounting software
• Experience in system upgrades or application rollouts (or ability to learn)
• Ability to read / understand financials and summarize risks
• Strong organizational and problem-solving skills, collaborative work style, and ability to prioritize and meet deadlines across multiple offices and time zones
• Strong written and verbal communication skills, self-motivated work ethic, and the ability to conduct oneself according to the company's core values

Fidelity is not providing immigration sponsorship for this position

Certifications : Category :

Accounting

Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

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