Description
This position will play a crucial role on the ownership accounting team. Responsibilities include:
- Perform monthly, quarterly, and annual financial statement closes within specified deadlines.
- Maintain quality financial statements in a multi-entity environment.
- Prepare financial statements in compliance with U.S. GAAP.
- Reconcile project costs to the general ledger monthly for entities under development.
- Assist with the preparation and processing of monthly draw submissions to the lender for each respective project under development.
- Assist with the capitalization of completed projects.
- Coordinate timely payments of debts, taxes, and other invoices.
- Interpret fund and investor governing documents to ensure proper application of terms for investor allocations, management fees, and carried interest.
- Communicate with the Assistant Controllers and the respective development managers and/or investment managers keeping them up to date on the status of projects.
- Drive continual process improvement through the use and implementation of technology.
- Follow PEG policies and procedures and comply with state and federal laws.
Management Responsibilities:
This position will report directly to the Assistant Controller over the ownership accounting team
Requirements
- Bachelor’s degree in accounting preferred or in progress.
- YARDI experience preferred.
- Knowledge of accounting principles and procedures related to U.S. GAAP.
- Familiar with Microsoft Excel.
- Willingness to learn new systems and further knowledge of existing systems.
- Strong written and verbal communication.
- Ability to collaborate with those in the accounting department and outside of the accounting department.
- Must be available to work in office. Future opportunities for hybrid work schedule after training period is completed.
Physical Requirements:
- Must be able to tolerate prolonged periods of sitting and/or standing at desk in assigned location.
- Must be able to operate a computer, telephone, and/or keyboard and tolerate prolonged periods performing work using a computer, telephone, and/or keyboard.
- Must be able to lift up to 15 pounds at times.