Staff Accountant

Magna Capital Management; Warwick (RI); On-site; USD 55,000 - 75,000; Full time

Job summary

Magna Capital Management seeks an entry-to-mid level Accountant to support the investment accounting function in Warwick, RI. You will prepare journal entries, reconcile ledgers, monitor cash activity, and assist with the financial close, statements, audits, and investor reporting.

Strong Excel skills and clear communication are essential to succeed in this role. Candidates typically have a Bachelor's in Accounting or Finance and 1–4 years of accounting experience, with proficiency in Word and

Qualifications

• Bachelor's degree in Accounting or Finance preferred.
• 1–4 years of accounting experience.
• Excellent quantitative/analytical and verbal/written communication.
• Technology proficiency with Excel, Word and PowerPoint.

Responsibilities

• Prepare journal entries, account reconciliations, and supporting schedules.
• Maintain and reconcile general ledger accounts for multiple investment entities.
• Monitor cash activity and bank reconciliations across all entities.
• Assist with quarterly and annual financial close process.
• Assist with preparation of financial statements.
• Support asset trial balance close, rent calculations, and analyses.
• Assist with annual audit workpapers and auditor requests.
• Assist with investor reporting and ad-hoc requests.

Skills

Accounting

Finance

Excel

Communication

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

Magna Capital Management (MCM) is a privately held real estate investment firm focused exclusively on the lodging sector. Unlike many hotel investment firms, our team manages every stage of the investment lifecycle in-house. By controlling both strategy and execution, we can ensure strong alignment with investor objectives and consistent value creation. Our team is committed to delivering superior returns while upholding the highest standards of integrity, stewardship, and operational excellence.

Responsibilities:

• Prepare journal entries, account reconciliations, and supporting schedules
• Maintain and reconcile general ledger accounts for multiple investment entities
• Monitor cash activity and bank reconciliations across all investment entities
• Assist Director/Senior Accountants with the quarterly and annual financial close process
• Support with the preparation of financial statements
• Assist Director/Senior Accountants with asset trial balance close, rent calculations, and other analyses as needed
• Assist Director/Senior Accountants with annual audit workpapers and respond to auditor requests
• Assist Director/Senior Accountants with investor reporting and ad-hoc requests

Requirements:

• Bachelor's degree with a major in Accounting or Finance preferred
• 1-4 years of accounting experience
• Excellent quantitative/analytical and verbal/written communication skills
• Technology proficiency is essential as the candidate would leverage a number of software applications such as Microsoft Excel, Word, and PowerPoint

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form (Form I-9) upon hire

Source: Hospitality Online