Manager-Investment Accounting

Company: John Shell Associates, Inc. ( Learn More )

General Information
US-SC-Columbia, SC
$90,000.00 - $120,000.00 /Year
4 Year Degree
At least 5 year(s)
Not Specified
Job Description

Growing real estate investment company has a high-profile opportunity for a strong accounting professional with real estate experience.  The Manager-Investment Accounting will manage all aspects of property accounting for the company's investments, including the closing process, property financial reporting and analysis, budgeting, and reforecasting.  Specific duties include the following:

  • Supervise, manage and direct day-to-day activities of property accounting and staff, including recurring journal entries, balance sheet reconciliations, variance reports and internal/external  financial reporting
  • Oversee and ensure timely and accurate monthly close of the property general ledgers and creation of property level financial statements
  • Review budget to actual explanations by line item for all properties and determine the key drivers of budget to actual property Net Operating Income variances
  • Partner with the Director – Investment Accounting and the Managing Director – Asset Management on the budgeting and reforecasting process for all properties
  • Partner with the Asset Management team to review accounts receivable detail along with the operations teams to determine the required bad debt reserves and to ensure all income is billed in accordance with lease terms, including review of monthly accruals and annual reconciliations of recovery items
  • Partner with various property operations groups to identify value creation opportunities at the property level that will drive efficiencies into the leasing and property valuation process and increase cash flow through sales reporting, percentage rent, and expense recoveries
  • Play a key role in the Company’s financial reporting process including the preparation of the quarterly report and annual audited financial statements
  • Provide sound advice relative to potential financial implications of proposed transactions, acquisitions, and dispositions and interact with all levels within the Company to ensure proper recording of financial transactions
  • Manage departmental projects that deploy updated processes and technology to create efficiencies and automate manual tasks
  • Assist with special projects or tasks to support the overall Company’s goals
  • Maintain and document policies and procedures around financial reporting, internal controls, and accounting system infrastructure
  • Position will supervise a staff of 2-3 and report to Director-Investment Accounting.

    Job Requirements

    This opportunity requires a Bachelors degree in Accounting, Finance, or related field and 5-8 years of experience specifically in real estate property accounting.  A focus on retail or office space preferred.   Masters degree or CPA preferred but not required.  Experience with Yardi software ideal. 

    John Shell Associates, Inc. specializes in the placement of accounting and financial professionals in South Carolina.  Founded in 1982 and owned/managed by Certified Public Accountants, the firm has met the staffing needs of major corporations, small businesses, and CPA firms throughout the Palmetto State. Permanent, temp, and temp-to-hire. To view additional listings, visit