Position Overview:
A client of The Intersect Group is seeking an Assistant Controller to add to their team. The day-to-day responsibilities include overseeing fund and joint venture accounting, managing financial reporting for lenders and investors, and leading the month-end close process. The individual will also be responsible for supervising a team, collaborating with internal and external stakeholders, and ensuring compliance with relevant accounting policies and controls. Additional responsibilities include debt and equity transaction analysis, technical accounting research, and preparation of financial reports for multiple entities.
Job Duties And Responsibilities
- Lead and support the team, encourage team engagement, and create an environment to foster associate development through ongoing performance management, career development, training, and mentoring.
- Aid in the implementation of accounting policies and procedures and the adherence to provisions contained in debt, joint venture, asset management, property management, and other agreements.
- Instill an innovative mindset where processes and deliverables are proactively and continuously enhanced.
- Collaborate with internal and external stakeholders, such as other corporate departments, field representatives, joint venture partners, and Senior Leadership.
- Establish, communicate, and train new policies and procedures and liaise with internal and external auditors while ensuring SOX compliance is maintained.
- Assist in leading the month-end close process and preparing financial reporting for our internal management company, joint ventures partners, and other corporate entities to ensure accurate reporting of actual to budgeted financial results within established close and reporting calendars.
- Review journal entries and monthly analyses for assigned general ledger account activity, including items such as interest rate swap and debt transactions.
- Support all financial audits as needed.
- Collaborate with the internal SEC Reporting team to research and account for technical accounting items, including hedge accounting, debt refinancing, and joint venture accounting.
- Read and understand loan agreements, partnership and joint venture agreements, asset and property management agreements, investment documents, entity structures, SEC filings, and investment prospectuses.
- Oversee all debt reporting for client and certain other entities for which we provide asset and property management services, including but not limited to, oversight of debt walk forwards, interest analyses, and amortization schedules and accounting for interest rate hedging.
- Coordinate and review monthly calculation of management fees, equity pick-ups, capital calls, and distributions; coordinate and record monthly transfers of funds to and from entities for which we provide asset and property management services.
- Review activity and transactions related to investments in equity securities and other business opportunities (capital calls, basis calculations, etc.).
Education and/or Experience
- Active CPA license and a bachelor's degree in accounting (or related field) is required.
- Background in public accounting is required, along with experience with both private and public companies.
- Extensive knowledge of U.S. GAAP, audit and internal control, acquisitions, and due diligence.
- 7+ years of experience in accounting, with a strong emphasis on debt and financial reporting.
- 4+ years of experience managing and leading a team.
- Experience with Yardi software is a plus.
Skills/Specialized Knowledge
- Highly self-motivated and directed with an ability to effectively prioritize and execute tasks in a fast-paced, dynamic environment.
- Proven analytical and problem-solving abilities including the ability to identify and implement best practices that improve the team's effectiveness and efficiency. Ability to comprehend, analyze, and interpret complex documents.
- Ability to comprehend, analyze, and interpret complex documents.
- High energy and a can-do attitude, exhibiting a responsible and responsive tenacity.
- Willingness and ability to be hands on to get the job done.
- Experience working both independently and in a team oriented, collaborative environment
- Proficient with Excel and excellent written, oral, and interpersonal communication skills, including an ability to effectively present information and build and manage key internal and external relationships.