Senior Fund Accountant -or- Assistant Fund Controller (San Antonio or Addison, TX)
Employment Type : Full-Time
Company Overview: With approximately $26 billion in assets under management and 11 global offices, USAA Real Estate is an industry leader in acquiring, developing, financing and managing the highest quality real estate assets in North America and Europe. The mission of USAA Real Estate is to serve the financial interests of its investor clients by strengthening the profitability and diversity of the USAA investment portfolio, which includes multifamily, industrial, office and hotel properties, as well as e-commerce logistics and distribution centers, media production facilities and data centers. Aligned with a series of strategic partnerships cultivated over decades of co-investment, USAA Real Estate engages with preeminent sector leaders demonstrating proven domain expertise in a shared drive to achieve superior, risk-adjusted returns. For more information, visit usrealco.com.Job Description:The Senior Fund Accountant -or- Assistant Fund Controller is responsible for general accounting functions relating to a real estate portfolio consisting funds, separate accounts and joint ventures which invest in office, multi-family, industrial, retail and hotel properties. Responsible for processing, reviewing, analyzing, and recording fund/venture related operating data into financial system in accordance with Generally Accepted Accounting Principles, as well as internal accounting policies. Responsible for preparing historic cost and/or fair value basis financial statements including notes.
Essential Duties:
- Verify, review and analyze entity level general ledgers on cash, accrual and fair value basis ensuring accuracy and adherence to established accounting policies and procedures. Responsible for general and advanced accounting functions and for meeting the accounting department calendar deadlines.
- Prepare and analyze quarterly/annual financial statements including supporting schedules in accordance with GAAP (fair value and/or historic cost basis). Demonstrate a solid understanding and ownership of the financial statement process.
- Interact with internal and external customers, other accounting team members, asset managers, portfolio managers and all necessary departments to ensure prompt resolution of issues and achieve maximum efficiency of operations. Develop a solid understanding of the accounting for the assigned portfolio to be viewed as a valuable resource for others working with the portfolio.
- Prepare accurate work papers and ensure the fulfillment of financial reporting requirements for external and internal audits and tax accountants.
- Develop and maintain a solid understanding of the Yardi system. Ensure that all entity information is up to date and correct in the Yardi system.
- Provide coaching and guidance to others concerning accounting procedures and policies.
- Assists in forecasting of monthly financial results and cash projections based on budgets and known trends. Reviews budget to actual results and advises management of trends.
- Keeps abreast of new industry developments, regulatory changes, management requirements, accounting system updates, procedures, etc.
- Reviews work prepared by accounting associates. Provides guidance on appropriate accounting processes to complete the task at hand.
- Significantly contributes to improvements to processes related to above duties and responsibilities.
- Assists with special projects and other related duties as may be assigned.
- Perform other essential duties as assigned.
At USAA Real Estate our employees enjoy generous benefits packages including comprehensive medical, dental and vision plans, 401k, educational and professional designation assistance, business casual dress attire and much more! https://usaarealestatecareers.com/careers/benefits/ Qualified applicants must successfully complete a comprehensive pre-employment background screening and drug screening. The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.
USAA Real Estate Company is an Equal Opportunity and Affirmative Action Employer of Females, Minorities, Veterans and Disabled.Requirements:Minimum Qualifications:- Bachelor's Degree in Accounting, Finance or a related field
- 5+ yrs. Accounting experience w/ solid fundamental accounting skills
- 3+ yrs. Real Estate Industry accounting experience
- CPA or CPA candidate strongly preferred
- Strong Excel skills; Yardi familiarity a plus
- Real Estate Fund accounting experience strongly preferred
- Qualifications may warrant placement in a different job title.