Carried Interest Accountant

The carried interest staff accountant will be responsible for cash management activity, distributions to members, member reporting, financial reporting, audit supports, corporate analysis, and other general functions. This position will be focused on carried interest and upper tier entity management.

JOB DESCRIPTION

Department Summary:

The Employee Equity Management team is responsible for the management of three employee investment programs: Internal Co-Investment, Carried Interest, and the Equity Ownership Plan. Roles within this department require a great deal of discretion and any information discussed, collected or stored on behalf of the employee members/investors is considered strictly confidential. Furthermore, the team requires a high degree of customer service and professionalism as this department regularly interacts with senior leadership and executives.

Essential Responsibilities:

Carried Interest Transactions

Assist with the management, the allocation and documentation process for carried interest distribution to members. Prepare distribution calculations and packets. Oversee the approval process and upload the notices to the members. Prepare payroll request templates, as needed, and perform quarterly corporate reconciliations.

Cash Management

Aid with the management of the day-to-day cash transactions, as well as ledger management of each entity that is assigned. This includes but is not limited to daily oversight of bank accounts, maintaining relationships with our Treasury department, as well as understanding the online banking platforms, entering transactions which include appropriate journal entries 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.

Financial Reporting

Report financials following US GAAP and/or IFRS. Compile the monthly trial balances for corporate consolidation, along with ASC 606 adjustments. Prepare the monthly reporting work-papers and reconciling accounts and deliver semi-annual reporting to members. Assist the manager with any ad hoc member reporting, corporate finance reporting, and other ad hoc reporting requests. In addition, assist with audit of the consolidated corporate financials on an annual basis.

Document Management

Assist the manager with the Quarterly Promote Grant Packets for global entities. Assist with the distribution of documents and assist with signature collection. Understand the underlying agreements of each venture. Work to become familiar with the specific sections that are relevant to better understand the overall carried interest structuring.

Other Responsibilities:

• Completes various human resources, financial, administrative, and other reports, and analysis, and performs other duties as assigned or as necessary.

Organizational Responsibilities:

• Follows established policies and procedures by monitoring and ensuring compliance with regulatory requirements, organizational standards, and operational processes related to area(s) of responsibility and reporting violations or infractions to appropriate individual(s).

• Identifies areas for improvement and offers suggestions to improve efficiency and productivity.

• Keeps abreast of current changes in technology, processes, and standards within the industry and area(s) of responsibility by attending internal and external training classes, research and/or subscribing to the internet or other professional publications or utilizing other appropriate method(s) to obtain business and professional information and applies knowledge and practices to area(s) of responsibility.

Working Conditions:

• Incumbents work in a hybrid office environment.

Physical Demands:

• Incumbents must be able to view computer screens and other electronic equipment, paper reports, and journals for extended periods of time where visual strain may result.

• Rare or occasional travel may be required to attend business meetings, training classes, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.

Knowledge, Skills, Abilities:

• Bachelor’s degree or higher in Accounting, Finance, Business or related field is required.

• 0 to 2 years of directly related experience.

• Demonstrated proficiency in word processing, spreadsheet, and database management programs in order to complete required reports.

• Demonstrated ability to complete financial records and other fiscal and accounting reporting information.

The base compensation rate will vary based on education, experience, skills, and geographic location, as applicable.

Greystar seeks to attract, recruit, advance and retain top talent. Greystar’s compensation strategy is tailored to appropriately reward the skillset and experience that a team member will bring to the organization.

Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their salary. Team members may also participate in the 401k plan, once eligible. Regular, full-time team members are offered a range of medical, financial, and other benefits from which to choose.

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.