Senior Fund Accountant

Greystar; Charleston (SC); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical, Dental, Vision

Disability & Life Insurance

Generous Paid Time Off

Vacation days + holidays

401(k) with company match

Job summary

Greystar, based in Charleston, SC, seeks an Investment Accountant responsible for cash management, lender reporting, investor reporting, and capital transactions across funds/ventures. You'll master duties of a staff investment accountant and support audits and financial reporting.

Responsibilities include managing daily cash, intercompany bill-backs, bank reconciliations, and using Yardi for GL entries and reporting. A CPA or Master’s in accounting is preferred with 0–2 years’ experience.

Qualifications

• CPA preferred and a Master’s in accounting.
• 0–2 years of directly related experience.
• Proficiency with word processing, spreadsheets, and database management to complete required reports.

Responsibilities

• Manage day-to-day cash transactions and bank accounts.
• Oversee capital transactions and investor notices and documentation.
• Prepare monthly, quarterly and annual financial reporting under IFRS/US GAAP.
• Support audit processes and regulatory compliance for funds/ventures.

Skills

Word processing

Spreadsheet skills

Attention to detail

Communication skills

Education

Master's degree in accounting

CPA preferred

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.

JOB DESCRIPTION SUMMARY

The investment accountant will be responsible for cash management/bank accounts, loans and lender reporting, investor reporting, capital transaction management, financial reporting, audit supports, investment acquisitions, investment dispositions and other general functions. This position will also be required to master all the duties of a staff investment accountant.

Cash Management

Assist with the management of the day to day cash transactions of each fund/venture that is assigned. This includes but is not limited to daily oversight of bank accounts, maintaining relationships with our banks as well as understanding the online banking platforms, entering transactions into Yardi on a timely basis; managing the intercompany bill-backs and accounts payable process, setting up and inputting wire/ACH transactions, and completing monthly bank reconciliations.

Capital Transactions

Assist with the management the allocation and documentation process for capital transactions between the funds/ventures and investors. Prepare contribution and distribution calculations and packets. Oversee the signature process, and work with the Investor Relations department to upload the notices to the Intralinks site for our review.

Financial Reporting

Report financials in accordance with IFRS and/or US GAAP. Compile the monthly, quarterly, and annual financials. Prepare the monthly reporting work-papers and reconciling accounts, referencing and tying out the consolidated financials, prepare the support for the tables and charts that are included within the management discussion and analysis, work with the Investor Relations department to upload the statements to the Intralinks site for our review, and deliver quarterly information to internal Greystar stakeholders (i.e. corporate and co-investment departments) when necessary. Assist the senior investment accountant with any ad hoc investor reporting, lender reporting, compliance certificates, and other ad hoc 3rd party reporting requested.

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 the Senior in preparing tables and charts when necessary, and prepare the current audited financial statements when required by manager.

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, commitments

Qualifications

CPA Preferred Master's degree or higher in accounting 0 to 2 years of directly related experience Demonstrated proficiency in word processing, spreadsheet, property management (Yardi), and database management programs in order to complete required reports. Demonstrated abilities to complete financial records and other fiscal and accounting reporting information. #LI-PS1

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.

• 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].

Core Values

Integrity

We stay true to the highest ethical standards and principles, and are honest, trustworthy, humble, and respectful in all of our words and actions.

Equality

We celebrate individual differences, encourage diversity of thought, provide equality of opportunity, and cultivate an environment where all individuals are seen, treated, and valued equally.

Professionalism

We proudly present a positive, dignified, and businesslike image at all times through our appearances, behavior, and interactions with others.

Accountability

We take responsibility and accept ownership for our words, actions, tasks, and results, and respectfully hold others to the same standard.

Service

We make service our top priority by giving our time, knowledge, and experience to serve the needs of our customers, community, and team members.

Teamwork

We work together to accomplish goals, solve problems, and enrich our work environment.