The employee coinvestment accountant will be responsible for cash management/bank accounts, capital calls and distributions to investors, investor reporting, capital transaction management, financial reporting, audit supports, investment acquisitions, investment dispositions and other general functions. This position will be focused on the employee coinvestment program.
The Employee Equity Management team is responsible for the management of three employee investment programs: Employee Coinvestment, Carried Interest, and the Equity Ownership Plan. Roles within this department require a great deal of discretion and any information discussed, collected or stored on behalf of the employee investors is considered strictly confidential. Furthermore, the team requires a high degree of customer service and professionalism as this department regularly interacts with senior leadership and executives.
Assist with the management of the day-to-day cash transactions of each fund/venture that is assigned. This includes but is not limited to daily oversight of bank accounts, maintaining relationships with our Treasury department as well as understanding the online banking platforms, entering transactions into Yardi on a timely basis, managing the intercompany bill-backs and accounts payable process, setting up and inputting wire/ACH transactions, and completing monthly bank reconciliations.
Assist with the management, the allocation and documentation process for capital transactions between the funds/ventures and investors. Prepare contribution and distribution calculations and packets. Oversee the signature process and upload the notices to the Greystar Partner Portal for investor and internal review.
Report financials in accordance with IFRS and/or US GAAP. Compile the monthly, quarterly, and annual financials. Prepare the monthly reporting work-papers and reconciling accounts, referencing and tying out the consolidated financials, and deliver quarterly information to internal Greystar stakeholders (i.e. corporate departments) when necessary. Assist the Manager with any ad hoc investor reporting, compliance documentation, and other ad hoc 3rd party reporting requested.
On an annual basis, or in accordance with the legal agreements, assist with the audit management for each of the employee funds. Assist with the oversight of the day-to-day process of the audit from start to finish. Assist with the preparation of the PBC request list, upload audit documents, roll-forward prior year-end financials, assist the Manager in preparing tables and charts when necessary, and prepare the current audited financial statements when required by entity manager.
Use Yardi software to house all the General Ledgers by entity. Enter journal entries, run reports for analytics as well as reporting, and use the Investment Management module for cash, contributions, distributions and other internal transactions.
Knowledge, Skills, Abilities:
Bachelor's degree or higher in Accounting, Business or related field is required.
0 to 2 years of related experience.
Demonstrated proficiency in word processing, spreadsheet, property management (Yardi), and database management programs in order to complete required reports.
Demonstrated ability to complete financial records and other fiscal and accounting reporting information.
The base compensation rate will vary based on education, experience, skills, and geographic location, as applicable.
Greystar seeks to attract, recruit, advance and retain top talent. Greystar's compensation strategy is tailored to appropriately reward the skillset and experience that a team member will bring to the organization.
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their salary. Team members may also participate in the 401k plan, once eligible. Regular, full-time team members are offered a range of medical, financial, and other benefits from which to choose.
For Union and Prevailing Wage roles compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.
Greystar will consider for employment qualified applicants with arrest and conviction records.