Vacancy expired!
The Senior Investment Accountant ensures that investment accounting policies and procedures are correctly applied to financial transactions. Under minimal supervision, this job works directly with asset management, portfolio management and acquisition/disposition teams. This job leads a team to prepare month end closing reports and subsidiary quarterly financial analytics, and reports to senior management ensuring accurate asset evaluations.Key Responsibilities and DutiesPrepares timely and accurate GAAP work papers and supporting schedules to satisfy all investment accounting requirements for internal and external audits.
Reviews financial information for joint ventures to ensure compliance with investment accounting policies and procedures (sales, acquisitions, debt refinancing, REIT restructuring, and financial performance).
Incorporates frequent ad hoc financial inquiries into the monthly and quarterly reports, adding value by providing management insight into the activities of the underlying properties.
Calculates unlevered and levered, gross and net portfolio performance returns and property internal rates of return.
Converts modified cash basis accounting information provided by third party management firms to accrual basis to facilitate preparation of fair value GAAP basis financial statements.
Provides guidance to junior Investment Accountants regarding issues that require more advanced knowledge and experience.
Educational RequirementsUniversity (Degree) Preferred
Work Experience3+ Years Required; 5+ Years Preferred
Physical RequirementsPhysical Requirements: Sedentary Work
Career Level7ICREQUIRED QUALIFICATION3+ years of accounting experience Â
PREFERRED QUALIFICATIONS:5+ years of accounting experience Â
Real estate or investment company experience
Bachelor Degree or Masters
Yardi, Workiva, MRI, Oracle, SharePoint, Tableau, Adobe and Visio
Proficient in Excel, Word, and PowerPoint
Excellent communication skills (verbal and written), with senior leaders and peers, facilitation, interpersonal and collaborative skills
Ability to multi-task and work in a deadline driven environment
ADDITIONAL WORK RESPONSIBILITIES:The Senior Investment Accountant will be responsible for communicating with business users and team members to provide support for Yardi, related systems and projects.
This role will take more accountability in delivering tasks with minimal supervision. This job works directly with asset management, portfolio management and acquisition/disposition teams.
The Senior Investment Accountant provides business expertise to projects including implementations, helpdesk support, and support of operational applications.
This job leads a team to prepare month end closing reports and subsidiary quarterly financial analytics, and reports to senior management ensuring accurate asset evaluations
The Sr Investment Accountant is responsible for supporting the business users to translate business process into functional system use for all operational systems and applications.
Subject Matter Expert on the Yardi System. Understand how Yardi is configured and be the first point of contact to provide technical advice and support to users.
Support Accounting and Portfolio Management teams with the setup, design and automation of legal structures and various transactions that affect cash flows
Calculates unlevered and levered, gross and net portfolio performance returns and property internal rates of return.
Provides guidance to junior Investment Accountants regarding issues that require more advanced knowledge and experience.
Applies comprehensive knowledge within the area of real estate operations management (AR, AP, Budgeting, etc.).
Reviews and approves work papers, daily closing packages and other reports for both a daily priced and monthly close fund
Reviews and approves cash related transactions to ensure accurate and timely posting to the ledgers.
Focuses on maintaining real estate operations ledger within the real estate accounting function and ensure resolution of all reconciling items in a timely manner
Reviews and approves bank and ledger account reconciliations and processes transactions related to a variety of real estate investments.
Validates accuracy of interfaced information from Yardi to downstream systems.
Potential Salary: $95,000.00 USDActual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).ÂCompany OverviewNuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.comCOVID-19 VaccinationTIAA requires all U.S. employees to be fully vaccinated against COVID-19 and provide documentation of full vaccination, unless you qualify for an accommodation as determined by TIAA consistent with applicable law.Benefits and Total RewardsThe organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. Thats why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .Equal OpportunityWe are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .Accessibility SupportTIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.ÂIf you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:ÂPhone: (800) 842-2755Email: accessibility.support@tiaa.orgPrivacy NoticesFor Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .For Applicants of Greenwood residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-privacy) .For Applicants of Greenwood residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-greenwood-portuguese-privacy) .ÂFor Applicants of Westchester residing in Brazil (English), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-privacy) .For Applicants of Westchester residing in Brazil (Portuguese), click here (https://www.tiaa.org/public/support/privacy/applicants-westchester-portuguese-privacy) .Â
