Portfolio Accountant

Since 1982, TA Realty has made private real estate investing our sole focus - and that focus sets us apart. We strive to embrace our investors’ priorities as our own, delivering outstanding results year after year. Drawing on its private equity roots, TA Realty has a flat organizational structure and benefits from an entrepreneurial culture where professionals from the primary disciplines of Investor Relations, Acquisitions, Asset Management, Portfolio Management and Finance and Operations work together to manage its real estate investment portfolios from acquisition through disposition. The position of Portfolio Accountant will aid in the monthly, quarterly and annual financial close process. This position will report to the Controller of the fund(s).

Essential Job Functions:

Monitor/review monthly financial reports prepared by third party property managers for assigned real estate assets, including:

• Oversee third-party property managers
• Provide guidance on the firms accounting practices and ensure compliance
• Review of financial performance (budget v. actual)
• Evaluate the fluctuation in NOI
• Review of outstanding tenant receivables
• Review of capital transactions
• Meet periodically with Asset Managers to review property and management company performance

Complete periodic desk top audits and communicate results to Asset Managers, including:

• Recovery income audits
• Lease administration audits
• Real estate tax audits
• Property management expense audits

Complete quarterly and annual financial close, including:

• Assist with the preparation of financial statements and underlying schedules
• Prepare quarterly debt covenants
• Prepare quarterly consultant/investor reports
• Coordinate with external audit and tax team on required deliverables

Calculate monthly management fees and prepare forecasts

Prepare investment acquisition and disposition entries

Ad hoc projects and requests as needed

Requirements

• BS in Accounting REQUIRED
• 1-3 years accounting experience REQUIRED
• Public Accounting & Real Estate Accounting experience PREFERRED
• Strong Excel skills REQUIRED
• Yardi familiarity a plus
• Excellent communication, organization, analytical and attention to detail skills
• Strong work ethic with a desire to learn
• Ability to handle multiple tasks and adapt to changing needs within the office