Accounting Manager

Robert Half Management Resources is recruiting for a strong Accounting Manager with experience in Real Estate Property/Facilities Management industry in Phoenix for a 5+ month hybrid schedule engagement. As an Accounting Manager, you will be tasked with reviewing property accounts, accounting for investments, and assisting with real estate investment schedules.

Responsibilities:

» Review property accounts prepared by asset level accountants.

» Responsible for accounting for investments, including preparing investment level financial statements, by consolidating property trial balances and preparing GAAP adjustments as required by ASC 970 Real Estate Accounting and ASC 820 Fair Value Accounting.

» Accounting for investment level debt, property taxes, insurance payables and other non-operating accruals.

» Assist with real estate investment and debt schedules for valuations, prepare fair value entries and supporting cost & debt roll forwards.

» Calculation and accounting for property and development management fees and where required fund management fees based on fund tier levels.

» Review of balance sheet reconciliations and analytical reviews of investment level performance.

» Completion and review of quarter end and month end checklist tasks.

» Prepare schedules and support for audits, tax preparation and valuations.

» Review of semi and annual financial reporting, including consolidated financial reporting as required under GAAP.

» Accounting for investments acquisition and disposition of assets and booking of required funding.

» Assist in set up of accounting structures.

» Monitor cash balances and liquidity needs in the investment structures, approving settlement of invoices and working with team on capital draws and distributions with cash and third-party lender management.

» Approval of non-operating accruals and accounts payable.

• Extensive experience in managing accruals, ensuring accurate and timely financial reporting.
• Knowledge of Fair Value principles and their application in the real estate industry.
• Solid understanding of commercial real estate market and related financial transactions.
• Capability to handle month-end close activities, ensuring accurate and on-time completion.
• Expertise in balance sheet account reconciliation, identifying and resolving discrepancies.
• Experience in managing cash activity including monitoring, forecasting, and reporting.
• Ability to prepare detailed and accurate audit schedules in line with company and industry standards.