Headquartered in Dallas, Texas, L&B Realty Advisors is a real estate investment advisor with approximately $9 billion in assets under management. Founded in 1965, the firm provides real estate investment management services to institutional investors and high-net-worth individuals. Clients include public and private pension plans, sovereign wealth funds, Taft-Hartley pension plans, endowments, foundations, and private investors. The firm is comprised of two distinct functions: investment management and independent fiduciary services. As an investment manager, the firm executes full-service investment management from acquisition to asset management to disposition. As an independent fiduciary, the firm provides financial advisory and owner representation services.
L&B Realty Advisors is looking for an experienced Staff Accountant to support the Investment Accounting department. In this role, the candidate will ensure accuracy & timeliness of property, holding venture, and fund-level accounting and reporting within Client Reporting Requirements.
This position is located at L&B's Headquarters, is full-time, and will require the candidate to work in-office Monday - Thursday (with the ability to work remotely on Fridays only) at the beginning. There is an opportunity to earn two additional work-from-home days.
Accountabilities:
• Providing and retaining accurate and timely client reporting and analyses per Client Investment Management Agreements relative to assigned Client Portfolio(s).
• Compliance & assurance of departmental Internal Controls, Policy & Procedures, and Record Retention Guidelines in all aspects of Key Responsibilities relative to assigned Client Portfolio(s).
Key Responsibilities:
• Monthly Data-load Processing and Review
• Monthly Property Financial Package Preparation and Review
• Monthly Distribution Calculation Preparation and Review
• A/P and Wire Processing
• Monthly Bank Reconciliation Preparation and Review
• Monthly/Quarterly L&B Client Report Preparation and Review
• Monthly/Quarterly Allowance for Doubtful Accounts Preparation and Review
• Quarterly NCREIF Reporting Requirements
• Quarterly L&B Returns Reporting Requirements
• Annual Year-end Internal Audit Folder Preparation and Review
• Annual Budget Data-load Processing and Review
• Specialty Client Reporting as required by the Investment Management Agreement
• Assist Divisional Controller or Assistant Divisional Controller on Special Projects as requested
Qualifications and Experience:
• Bachelor's degree in accounting
• Ability to work independently and prioritize tasks
• Strong time management and organizational skills
• Excellent oral and written communication skills
• Proficient in Microsoft Office
• Knowledge of Yardi accounting software is a plus
L&B Realty Advisors offers an excellent benefits package, including vacation and sick pay, tuition reimbursement, PPO medical/dental/vision plan, matching 401(k) plan, above average holidays, health club reimbursement, and a business casual work environment. L&B Realty Advisors is an Equal Opportunity Employer. L&B values Diversity, Equity, and Inclusion and has a DE&I policy in place.