Financial Reporting Accountant

Sharp with GAAP, comfortable with lenders and investors, and ready to own consolidated reporting across a diverse real estate portfolio? Prime Group is looking for a Financial Reporting Accountant to lead financial statement preparation and reporting across our multifamily, commercial, mixed-use, hospitality, and construction entities.

Job Summary

The Financial Reporting Accountant is responsible for overseeing the preparation, review, and distribution of financial statements to senior management, investors, and lenders. This role includes managing consolidated financial statements, such as balance sheets, profit and loss, and cash flow statements, for various real estate entities, including multifamily, commercial, mixed-use, hospitality, and construction.

What You'll Do

Including but not limited to:

• Manage the preparation, review, and distribution of all financial statements to senior management, investors, and lenders
• Assist in preparing consolidated balance sheet, profit and loss, and cash flow statements, including review of related workpapers, for various entity types such as multifamily, commercial, mixed-use, hospitality, and construction
• Support month-end and year-end closing
• Review loan agreements, notes, and related documents to ensure timely preparation, calculation, and distribution of all required lender reports per loan covenants, including real estate schedules, contingent liability, and debt service coverage ratio, among others
• Assist with the real estate acquisition and loan due diligence process
• Manage and maintain timely mortgage payments to lenders
• Manage investors' equity, distributions, contributions, and capital calls
• Serve as liaison between lenders and investors to address questions related to financial information
• Monitor and ensure timely identification of and compliance with evolving accounting guidance, provide US GAAP interpretation, and prepare technical memorandums that document issues clearly and comprehensively
• Communicate and explain accounting issues and evolving accounting guidance to the management team
• Communicate with external auditors on financial statements and accounting issues to ensure agreement with company decisions on accounting disclosures and issues
• Assist in coordinating the annual audit and quarterly review activities of external auditors
• Directly oversee one outsourced accounting staff member in accordance with the organization's policies and applicable laws
• Create, implement, and maintain comprehensive accounting policy documents to improve clarity and consistency, and implement and maintain reporting procedures to comply with internal control requirements
• Perform continuous assessment of the close process and process re-engineering to reduce the time needed to close the financial period
• Participate in the preparation of annual operating budgets

What You Bring

• Bachelor's degree in Accounting, Finance, or a related field; a Master's degree and CPA certification, or CPA candidacy, is a plus
• Experience in finance, investment accounting, real estate accounting, or private equity
• Solid understanding of US GAAP financial reporting standards, and experience in real estate investment fund accounting
• Proficient in accounting ERP software, preferably Yardi Voyager 7s, Investment Accounting, or Sage 300
• Strong Excel skills, adept at generating insightful reports from a dataset using advanced formulas
• Excellent analytical and problem-solving skills
• Outstanding communication and team collaboration abilities

Why You'll Love It Here

• Competitive salary commensurate with experience
• Comprehensive benefits package including health insurance, retirement plans, and paid time off
• Collaborative and team-oriented work environment
• Opportunities for professional development and career advancement within a growing organization

About Prime Group

Prime Group's vertically integrated approach unifies multiple real estate disciplines under a single roof, sharing a multifaceted vision of improved, sustainable real estate development through diverse strengths, strategic affiliates, and talented in-house professionals. Our portfolio includes retail centers, offices, mixed-use developments, hotels, resorts, restaurants, and residential single and multi-family communities, each supported through technology, planning, and experienced personnel. We are a privately owned company with the agility and strength to leverage unique opportunities, and growth is a measure of our success. Since Prime Group began as a residential real estate development company, we have grown to include commercial retail, office, hospitality, and mixed-use specialties, consultation, and management.

If you are motivated with a passion for real estate development and investment, we invite you to apply for the Financial Reporting Accountant position at Prime Group.

Additional Details

Reports To: Corporate Accounting Controller

Thank you for expressing interest in employment with Prime Group. While only those candidates considered for the position will be contacted, your resume will remain on file for 90 days.

Equal Opportunity Employer.