Co-Investment Accounting Manager

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Co-Investment Accounting Manager

The Manager of Co-investment Accounting is responsible for the management and coordination of the assigned area’s financial reporting, asset acquisition and disposition, and cash management functions to ensure compliance with the Company’s accounting procedures and generally accepted accounting principles (GAAP).

JOB DESCRIPTION

Cash Management

Analyze the cash position of the co-investment and internal funds and use this knowledge to facilitate discussions with the Director and associated investors where necessary. Mentor the Senior and Staff Accountant in their daily cash management functions, including forecasting.

Third Party Reporting

Respond to investor requests and provide reporting in addition to the quarterly financial statements and partner capital statements. Review deliverables to ensure accuracy prior to sending. When necessary, discuss these reports with the Director and Portfolio Manager prior to sending. Ensure all the reporting deadlines are being met.

Capital Transactions

Manage the calculation and documentation process. Review and approve contribution and distribution packets prepared by the team and ensure final notices have been sent to investors via Intralinks.

Financial Reporting

Oversee the reporting of financials in accordance with IFRS and/or US GAAP. Perform 1st or 2nd level review of the monthly, quarterly, and annual financial statements prepared by the Senior and Staff Accountant. Review the monthly reporting work-papers and reconciling accounts, the quarterly waterfall calculations and the referenced and tied out consolidated financials. Review the equity income pick-up entries including reviewing underlying partnership financials when needed. Ensure that calculations or review completed by the Senior and Staff Accountant are compliant with all related agreements. Be able to work through any questions the Director may have after reviewing the financials. Assist with any ad hoc investor reporting and compliance documentation as needed.

Audit

On an annual basis, or in accordance with the legal agreements, manage the audit or surprise exam for each of the funds/ventures. Direct oversight of the day-to-day process of the audit from start to finish. Check in with the Senior and make sure the audit remains on track to avoid any delays. Throughout this process, remain available should the Senior and Staff Accountant not be able to answer questions fielded from the auditors. Serve as the first level of review on all documentation provided.

Investment Assets

From pursuit to disposition, track activity and review related documents including settlement statements, organizational charts, LLC agreements & amendments, draws, distributions and waterfalls. Be a resource for the development, finance, legal, and asset management teams.

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

and subscriptions, capital calls and distributions, and financial reporting requirements. Work to build relationships with other stakeholders, both internally and externally, to understand how the co-investment accounting functions affect all partie

#LI-DNI

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.

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