VP, Real Estate Investment Accounting Controller

Testing Site - JPMC; Los Angeles (CA); On-site; USD 180,000 - 240,000; Full time

Job summary

J.P. Morgan Asset Management in Los Angeles seeks a Vice President in the Investment Accounting Controller Team to oversee real estate financial reporting for a large CRE portfolio.

You’ll collaborate with investment professionals on acquisitions, dispositions, and capital restructures, and ensure accurate accounting treatment and internal controls for REA funds and investors. The role demands extensive GAAP experience in real estate, leadership of accounting staff, and managing external

Qualifications

• CPA certification required.
• 8+ years of real estate accounting experience.
• Bachelor’s degree in Accounting.

Responsibilities

• Cultivate and maintain strong relationships with REA investment team members, joint venture partners, and property managers.
• Conduct financial due diligence for acquisitions, collaborating with REA departments, third parties, sellers, JV partners, and legal counsel.
• Reconcile and analyze differences between historical cost, tax and fair value accounting to provide insights into the financial performance and valuation of real estate assets.
• Provide oversight and guidance on accounting treatment, offering periodic feedback on the quality and thoroughness of work products.
• Review monthly operating results of investments for Fund consolidation and pricing, serving as an escalation point for reporting issues.
• Analyze financial statements and performance metrics (IRR, equity multiples, time-weighted returns, etc.) of real estate investments.
• Engage with independent external auditors and tax practitioners.
• Prepare and review materials valuable for business management, internal stakeholders, and investors.
• Manage outsourced staff, ensuring adherence to responsibilities and deadlines.

Skills

Real estate accounting

GAAP knowledge

Financial analysis

Education

Bachelor's degree in Accounting

CPA certification

Job description

J.P. Morgan Asset Management in Los Angeles seeks a Vice President in the Investment Accounting Controller Team to oversee real estate financial reporting for a large CRE portfolio.

You’ll collaborate with investment professionals on acquisitions, dispositions, and capital restructures, and ensure accurate accounting treatment and internal controls for REA funds and investors. The role demands extensive GAAP experience in real estate, leadership of accounting staff, and managing external