VP, Real Estate Investments Accounting & Controls

Testing Site - JPMC; New York (NY); On-site; USD 180,000 - 260,000; Full time

Job summary

J.P. Morgan Asset Management seeks a Vice President in the Investment Accounting Controller Team to support financial reporting for one of the largest Commercial Real Estate portfolios.

You will collaborate with seasoned professionals, overseeing various aspects of real estate financial analysis, accounting, structuring, and internal controls for properties within a designated geographic area. Additionally, you'll work closely with investment professionals on acquisitions, dispositions, and

Qualifications

• CPA certification
• 8+ years of real estate accounting experience with a strong understanding of historical cost GAAP and FV reporting
• Bachelor’s degree in Accounting
• Strong understanding of complex real estate investment structures, mortgage documents, development management agreements, partnership agreements, property management and leasing agreements, and purchase and sale agreements
• Experience managing consultants and meeting time-sensitive deadlines

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 various 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 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

CPA certification

Real estate accounting

GAAP FV reporting

Real estate structures

Mortgage documents

Partnership agreements

Consultant management

Time management

Education

Bachelor's degree in Accounting

Job description

J.P. Morgan Asset Management seeks a Vice President in the Investment Accounting Controller Team to support financial reporting for one of the largest Commercial Real Estate portfolios.

You will collaborate with seasoned professionals, overseeing various aspects of real estate financial analysis, accounting, structuring, and internal controls for properties within a designated geographic area. Additionally, you'll work closely with investment professionals on acquisitions, dispositions, and