Accounting Manager, MEC
New Yesterday
Join to apply for the Accounting Manager, MEC role at Ballast Investments .
Base Annual Compensation: $125,000-$135,000 (depending on experience and location)
Title: Accounting Manager, MEC
Reports to: Controller, Compliance
Primary Function: General Accounting/Monthly Financial Reporting
Status: Full-time, Exempt
Location: Remote
Summary Ballast Investments (the “Company”) is seeking an Accounting Manager, MEC, to support our rapidly growing team. The Accounting Manager, MEC will be responsible for overseeing a team of in-house and outsourced accountants in the preparation of the monthly, quarterly, and annual property financial reporting packages and joint venture rollups on an accrual-basis in accordance with GAAP.
The Company is a vertically integrated owner-operator of multifamily assets in San Francisco and Berkeley. The Company has several strategic partnerships with global institutional capital providers and has experienced strong growth since being founded in 2014.
At Ballast, our team of 250+ passionate employees are careful stewards of capital and preservers of communities where we work and live. Our culture is founded on teamwork, accountability, and a shared purpose to create value for our investors and communities. Above all, we value unique perspectives and integrity.
Primary Responsibilities Oversee daily operations and monthly close process relating to financial statements and joint venture rollups to ensure accuracy of financial statements and identify any corrections or training needed
Prepare and analyze complex accounting entries related to property acquisitions, dispositions, refinances, recapitalizations, and joint ventures
Review ownership entity contributions/distributions in accordance with governing documents
Reconcile, investigate, and resolve accounting transactions related to financial statements
Read and understand legal agreements including operating agreements, management agreements, loan documents, leases, etc. and apply knowledge to property reporting
Train and mentor accounting team members and provide periodic performance reviews
Create, analyze and improve processes and procedures for accounting department
Other duties as assigned by the Accounting management team and Company Principals
Minimum Requirements And Qualifications Bachelor’s degree in accounting or business required
Minimum 5 years or more accounting work experience
2+ years of experience as an accounting manager or related position
3+ years of experience with property accounting for joint ventures for institutional real estate investments
Proficiency with Microsoft Office suite of products and Microsoft Windows
CPA License or public accounting experience preferred
Intermediate to Advanced Excel skills required (pivot tables, index and match, etc.)
Real estate and/or construction and/or property management experience required
Yardi experience preferred
Strong knowledge of GAAP rules and regulations preferred
Key Skills And Competencies Detail oriented and able to manage large volume of data with speed and accuracy
Able to plan, organize, and prioritize workload to meet deadlines
Proven track record in maintaining efficient filing and records retention of financial documents
Strong accounting background including extensive experience with general ledger and entity level transactions
Excellent communication skills (verbal and written) with ability to communicate internally with team members as well as externally with vendors and other service providers
Ballast Investments is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment, and we prohibit discrimination and harassment of any type based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Ballast Investments is also committed to compliance with all fair employment practices regarding citizenship and immigration status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Investment Management
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- Location:
- San Francisco, CA, United States
- Salary:
- $200,000 - $250,000
- Job Type:
- FullTime
- Category:
- Finance