Portfolio Accountant

Portfolio Accountant

Leading real estate investment firm in Dallas seeks to permanent Portfolio Accountant to join the team in a multi-faceted role. Portfolio Accountant will perform financial, accounting, and reporting functions for a group of institutional clients and their real estate investment portfolios. Responsibilities include :

• Review and analyze property financial reports that include income statements, balance sheets, general ledgers, cash flow statements, bank reconciliations, and other support documentation, to ensure material accuracy of property level reporting.
• Investment level accounting responsibilities including; compilation of acquisition, disposition, and loan financing entries, record fair value adjustments and audit adjustments, equity roll forwards and waterfalls, portfolio consolidations and eliminations, bank reconciliations, etc.
• Monitor portfolio cash needs through periodic review of property level funding requests, forecasted cash activity and client distributions requirements.
• Calculate portfolio investment returns, assets under management and fees for the designated group of portfolios.
• Delivery of accurate financial information to clients in accordance with client investment management agreements, authoritative accounting rules, and industry rules.
• Prepare requests for new legal entity setup, new GL accounts, report formats, and recurring journal entry roll ups within core accounting system.
• Facilitate request for information for internal and external audits.
• Assist tax consultants with tax return preparation, provisions and estimates where applicable.

Job requirements :

Requirements MRI Software, Microsoft Excel, CPA Designation, Public Accounting Audit, Commercial Real Estate Investment