RE FRO ARA Senior Associate
Source: Himalayas
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This Senior Associate role involves overseeing real estate asset accounting and consolidating fund-level financial statements for a global professional services firm. It is an ideal opportunity for an experienced accountant with 4-5 years of industry expertise to manage a diverse portfolio of investments in a collaborative, middle-market-focused environment.
Job Description
We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.Education: Bachelor’s Degree in Accounting or FinanceExperience:Minimum of 4 to 5 years of accounting experience with an emphasis in the real estate industryExperience in both public accounting and private industry accountingExperience with investment companiesSkills:Be conscientious about achieving deadlines and have an accurate work productAssume accountability for specific performanceGood written and verbal communication skills, including ability to articulate recommendations in a concise and timely mannerDetail-oriented and very analyticalStrong organization skillsQuantitative propensity with ability to spot errorsStrong computer skills in Microsoft ExcelFamiliar and experienced in performance data returnsFamiliar with internal rate of return calculationsFamiliar with consolidating and equity method of accountingStrong knowledge of GAAP and accounting pronouncements in generalUnderstand variance analysis when comparing actual to budget or historical resultsUnderstand how to read and write financial statementsResponsibilities:The position will be supervised by a Fund Controller. The Senior Accountant will be responsible for the review and oversight of the accounting for operating real estate assets performed by third party fee managers. The position also entails fund level accounting and the consolidation of fund level financial statements. The position is generally responsible for approximately 15 to 20 investments and their related funds.Review all property management financial reports on the individual assetsRecord the fair value adjustment for investments in real estate and debtRecord equity in earnings for joint venturesRecord minority interest for consolidated entitiesRecord Fund related transactionsConsolidate all investments within a FundDraft quarterly Fund financial statementsInteract with property accountants, banking personnel and asset managersDraft financial information related to client quarterly questionnairesPrepare Fund cash management transactionsRecord and reconcile financial informationPrepare monthly, quarterly, and annual client reportsPrepare annual cash audit work papersPrepare annual audit and tax work papersPrepare internal and external performance returnsPrepare monthly Fund level bank reconciliations for checking accountsCalculate and prepare statements of cash flowsBe able to establish educational goals necessary to enhance job skillsBe able to enhance technological skillsExceptional computer skills in the operation and functioning of all programs used by the organization, i.e., Excel, Word, MRI (general ledger), Outlook E-Mail, and Internet research toolsAble to organize and summarize information in writing and to proofread workAble to understand instructions and react favorably in work situationsEnjoy fast-paced, multi-task environmentDetailed, organized and communicativeTask and goal-oriented and capable of functioning in an entrepreneurial and corporate settingAble to work in a dynamic office settingAble to work occasional evenings and weekendsAt RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.Compensation Range: $110,000 - $131,250Originally posted on Himalayas
Full Description
We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.Education: Bachelor’s Degree in Accounting or FinanceExperience:Minimum of 4 to 5 years of accounting experience with an emphasis in the real estate industryExperience in both public accounting and private industry accountingExperience with investment companiesSkills:Be conscientious about achieving deadlines and have an accurate work productAssume accountability for specific performanceGood written and verbal communication skills, including ability to articulate recommendations in a concise and timely mannerDetail-oriented and very analyticalStrong organization skillsQuantitative propensity with ability to spot errorsStrong computer skills in Microsoft ExcelFamiliar and experienced in performance data returnsFamiliar with internal rate of return calculationsFamiliar with consolidating and equity method of accountingStrong knowledge of GAAP and accounting pronouncements in generalUnderstand variance analysis when comparing actual to budget or historical resultsUnderstand how to read and write financial statementsResponsibilities:The position will be supervised by a Fund Controller. The Senior Accountant will be responsible for the review and oversight of the accounting for operating real estate assets performed by third party fee managers. The position also entails fund level accounting and the consolidation of fund level financial statements. The position is generally responsible for approximately 15 to 20 investments and their related funds.Review all property management financial reports on the individual assetsRecord the fair value adjustment for investments in real estate and debtRecord equity in earnings for joint venturesRecord minority interest for consolidated entitiesRecord Fund related transactionsConsolidate all investments within a FundDraft quarterly Fund financial statementsInteract with property accountants, banking personnel and asset managersDraft financial information related to client quarterly questionnairesPrepare Fund cash management transactionsRecord and reconcile financial informationPrepare monthly, quarterly, and annual client reportsPrepare annual cash audit work papersPrepare annual audit and tax work papersPrepare internal and external performance returnsPrepare monthly Fund level bank reconciliations for checking accountsCalculate and prepare statements of cash flowsBe able to establish educational goals necessary to enhance job skillsBe able to enhance technological skillsExceptional computer skills in the operation and functioning of all programs used by the organization, i.e., Excel, Word, MRI (general ledger), Outlook E-Mail, and Internet research toolsAble to organize and summarize information in writing and to proofread workAble to understand instructions and react favorably in work situationsEnjoy fast-paced, multi-task environmentDetailed, organized and communicativeTask and goal-oriented and capable of functioning in an entrepreneurial and corporate settingAble to work in a dynamic office settingAble to work occasional evenings and weekendsAt RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.Compensation Range: $110,000 - $131,250Originally posted on Himalayas