Senior Accountant, Real Estate
About the position Pembroke is an international real estate advisor that acquires, develops and manages properties and places - specializing in mixed-use and office environments in the world's leading cities. We believe that properties that stand the test of time deserve a lot of time. So, we take a different approach: a thoughtful approach. We're united by a belief that real estate is more than just buildings. Our mission is to create long-term value through our global expertise, local knowledge, and passion for real estate. Comprised of experts across a variety of fields, our team consistently strives for excellence, achieves with integrity and embraces collaboration. Working together, we create places people love. Over the past twenty-five years, we've grown with offices in Boston, Hamburg, London, Munich, San Francisco, Stockholm, Sydney, Tokyo & Washington DC managing approximately 837,000 sq m/8.9m sq ft in North America, Europe and Asia Pacific. Facilitating the private capital of FMR LLC (Fidelity Investments) and FIL Limited, we invest in global markets with long-term growth potential. By combining a global point of view with local expertise, we're able to create and manage world-class properties that deliver the best outcomes for our tenants, investors and the communities in which we work.
Responsibilities
- Assist in the oversight of the monthly and quarterly close process and day-to-day accounting for Pembroke's US portfolio.
- Ensure accuracy of transactions recorded by third party property accountants who are responsible for daily bookkeeping.
- Detail review monthly balance sheet reconciliations; investigate and resolve any discrepancies.
- Manage third party accounting service providers for assigned properties; support and respond to day-to-day inquiries as necessary.
- Prepare for and lead quarterly financial reviews with property management and asset management.
- Assist in the preparation of annual budgets and reforecasts; analyze variances between budgeted figures and actuals.
- Prepare monthly and quarterly debt compliance packages and certificates for delivery to lenders.
- Support external audits.
- Provide tenant financial due diligence analysis to asset management and other business partners as necessary.
- Support Pembroke's US management company branch accounting.
- Collaborate with investor corporate accounting and tax teams on monthly close and consolidation activities; provide accounting records on a timely basis and respond to inquiries.
- Prepare reconciliations and other deliverables for select business units which Pembroke provides management or development support to.
- Assist in improvement and implementation of new systems, e.g. Yardi, Payscan, and Argus, and automation of reporting.
Requirements
- B.S. in accounting, finance, or economics and CPA is a plus, although not required.
- 2-4 years in an accounting or similar role, with real estate investment experience.
- Experience with US GAAP accounting and financial reporting and Yardi 7S / Yardi Elevate Construction Manager.
- Proficient in Excel and experience with accounting software.
- Experience in system upgrades or application rollouts (or ability to learn).
- Ability to read/understand financials and summarize risks.
- Strong organizational and problem-solving skills, collaborative work style, and ability to prioritize and meet deadlines across multiple offices and time zones.
- Strong written and verbal communication skills, self-motivated work ethic, and the ability to conduct oneself according to the company's core values.
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