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Real Estate Accounting and Operations

Granite Capital Group

Multifamily Land

Denver, CO

Salary Estimate: $75,000.00 - $99,999.00

Employment Type: Full Time

Work Place: Remote

Experience Required: 5+ to 7 years

Education Required: 4 Year College

Benefits

Job Description

About The Company

Granite Capital Group is a 21-year-old investment firm that provides an array of commercial real estate services to accredited investors including sponsored investments, advisory services, structuring and executing 1031 exchanges, asset management, real estate portfolio analysis, and consulting.

The company was formed to pursue opportunistic real estate investments in the western United States with a focus on value-add repositioning, ground-up development, and asset management of multifamily, industrial, and retail assets.

Our investment partners comprise high-net-worth families, individual accredited investors, and select institutional investors. We are proud to work with over 200 investment partners, the majority of whom are repeat investors in our projects.

Responsibilities:

Accounting in a multi-entity environment:

Processing Accounts Payable:
- Ensuring proper approval of invoices
- Accurate coding of invoices to the correct entity and GL account
- Processing expense reports and credit card statements
Processing Accounts Receivable:
- Creating invoices for both internal and external entities
- Posting deposits
Tracking and reconciling intercompany accounts, including allocations
Assisting with cash schedules and projections
Posting journal entries
Performing bank reconciliations
Managing month-end financials:
- Creating and maintaining schedules for GL accounts to ensure financial statement accuracy
- Assisting in the preparation of financial reports
- Importing external data and generating accounting reports, including financial statements, while verifying the accuracy of information
Handling entity consolidations
Processing investor distributions
Preparing financial reports, including variance analysis

Analytical projects:

Assisting with the monitoring and analysis of financial performance for properties and portfolios
Supporting the development of property budgets, business plans, quarterly reforecasts, and variance analyses
Assisting in the preparation of investor reporting
Assisting in the preparation of tax schedules

Skills/Qualifications:

· Bachelor’s degree in accounting or a related business field, with a strong understanding of accounting principles

· Minimum of three years of accounting experience

· Detail-oriented with a focus on accuracy

· Strong quantitative and analytical skills

· Deadline-driven, proactive, and self-motivated

· Proficient in MS Excel

· Excellent organizational and time-management skills

· Strong written and verbal communication skills

· Ability to work independently and as part of a team

· Experience with real estate or property management accounting software (RealPage experience is a plus)

· Experience in construction accounting and draw package management is preferred