RE FRO ARA Senior Associate

The Senior Accountant role at RSM involves overseeing accounting for real estate assets, fund level accounting, and financial statement consolidation, primarily for real estate investments. It requires a strong background in accounting, particularly within real estate and investment companies.

Location: Remote (US)

Salary: $110,000 - $131,250

Responsibilities

• Review all property management financial reports on the individual assets
• Record the fair value adjustment for investments in real estate and debt
• Record equity in earnings for joint ventures
• Record minority interest for consolidated entities
• Record Fund related transactions
• Consolidate all investments within a Fund
• Draft quarterly Fund financial statements
• Interact with property accountants, banking personnel and asset managers
• Draft financial information related to client quarterly questionnaires
• Prepare Fund cash management transactions
• Record and reconcile financial information
• Prepare monthly, quarterly, and annual client reports
• Prepare annual cash audit work papers
• Prepare annual audit and tax work papers
• Prepare internal and external performance returns
• Prepare monthly Fund level bank reconciliations for checking accounts
• Calculate and prepare statements of cash flows
• Establish educational goals to enhance job skills
• Enhance technological skills
• Operate and understand all organizational programs (Excel, Word, MRI, Outlook, Internet research tools)
• Organize and summarize information in writing and proofread work
• Understand instructions and react favorably in work situations
• Enjoy fast-paced, multi-task environment
• Be detailed, organized, and communicative
• Be task and goal-oriented in entrepreneurial and corporate settings
• Work in a dynamic office setting
• Work occasional evenings and weekends

Requirements

• Bachelor’s Degree in Accounting or Finance
• Minimum of 4 to 5 years of accounting experience with emphasis in the real estate industry
• Experience in both public accounting and private industry accounting
• Experience with investment companies
• Good written and verbal communication skills
• Detail-oriented and very analytical
• Strong organization skills
• Quantitative propensity with ability to spot errors
• Strong computer skills in Microsoft Excel
• Familiar and experienced in performance data returns
• Familiar with internal rate of return calculations
• Familiar with consolidating and equity method of accounting
• Strong knowledge of GAAP and accounting pronouncements
• Understand variance analysis when comparing actual to budget or historical results
• Understand how to read and write financial statements

Benefits

• Competitive benefits and compensation package
• Flexible schedule to balance personal and professional life
• Total rewards program

Additional Information

• The role is remote within the US.
• The salary range is $110,000 - $131,250.
• RSM is an equal opportunity employer and provides accommodations for applicants with disabilities.
• The role is suitable for candidates with 1-2 years of relevant work experience, excluding internships.
• The company does not hire entry-level candidates requiring sponsorship.
• Qualified applicants with arrest or conviction records will be considered.