Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit .
JOB DESCRIPTION SUMMARY
The investment accountant will be responsible for cash management/bank accounts, loans and lender reporting, investor reporting, capital transaction management, financial reporting, audit supports, investment acquisitions, investment dispositions and other general functions. This position will also be required to master all the duties of a staff investment accountant.
JOB DESCRIPTION
Cash Management Assist with the management of the day to day cash transactions of each fund/venture that is assigned. This includes but is not limited to daily oversight of bank accounts, maintaining relationships with our banks as well as understanding the online banking platforms, entering transactions into Yardi on a timely basis; managing the intercompany bill-backs and accounts payable process, setting up and inputting wire/ACH transactions, and completing monthly bank reconciliations.Â
Capital Transactions Assist with the management the allocation and documentation process for capital transactions between the funds/ventures and investors. Prepare contribution and distribution calculations and packets. Oversee the signature process, and work with the Investor Relations department to upload the notices to the Intralinks site for our review.Â
Financial Reporting Report financials in accordance with IFRS and/or US GAAP. Compile the monthly, quarterly, and annual financials. Prepare the monthly reporting work-papers and reconciling accounts, referencing and tying out the consolidated financials, prepare the support for the tables and charts that are included within the management discussion and analysis, work with the Investor Relations department to upload the statements to the Intralinks site for our review, and deliver quarterly information to internal Greystar stakeholders (i.e. corporate and co-investment departments) when necessary. Assist the senior investment accountant with any ad hoc investor reporting, lender reporting, compliance certificates, and other ad hoc 3rd party reporting requested.
Audit On an annual basis, or in accordance with the legal agreements, assist with the audit management for each of the funds/ventures. Assist with the oversight of the day to day process of the audit from start to finish. Assist with the preparation of the PBC request list, upload audit documents, roll-forward prior year-end financials, assist the Senior in preparing tables and charts when necessary, and prepare the current audited financial statements when required by manager.Â
Yardi Use Yardi software to house all the General Ledgers by entity. Enter journal entries, run reports for analytics as well as reporting, and use the Investment Management module for cash, contributions, distributions and other internal transactions.Â
General Understand the underlying agreements of each venture. Work to become familiar with the specific sections that are relevant to better understand the overall structure, including but not limited to; partnership expenses, fees, commitments
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Additional Compensation:
Corporate Positions: In addition to the base salary, this role may be eligible to participate in an annual bonus program based on individual and company performance.
Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.
Robust Benefits Offered*:
Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 10 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
For onsite team members, onsite housing discount at Greystar-managed communities.
6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
401(k) with Company Match up to 6% of pay after 6 months of service.
Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
Employee Assistance Program.
Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
Charitable giving program and benefits.
*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.
Greystar will consider for employment qualified applicants with arrest and conviction records.
National Platform with Local ExpertiseGreystar, founded in 1993, provides world-class service in the multifamily real estate business. Our innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. This unique approach and our commitment to hiring the very best multifamily professionals have resulted in record growth, making us one of the most respected and trusted multifamily real estate companies in the country.Because our business model includes both investment and service-oriented businesses, we’re able to maintain a constant presence in local markets and create value in all phases of the real estate cycle. Our national platform provides economies of scale, financial sophistication, institutional quality reporting and tremendous capital relationships, while our city offices provide local market expertise and execution.Our dedication to redefining excellence in apartment living means we’re constantly exploring innovative ideas and pioneering new ways to serve our residents and clients. The Greystar team is more than 5,300 team members strong and growing. Check out the latest opportunities.