| Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 37 years. Headquartered in New York, the firm has offices in major markets throughout the U.S. and Europe. With over $50 billion in total assets under management, Clarion Partners offers a broad range of both debt and equity real estate strategies across the risk/return spectrum to its more than 350 domestic and international institutional investors. More information is available at www.clarionpartners.com. Position Description: Portfolio Accountant-Funds will perform financial, accounting and reporting functions for closed-end funds. Responsibilities include: - Review and analyze property financial reports that include incomes statements, balance sheets, general ledgers, cash flow statements and other support documentation, to ensure material accuracy of property level reporting, and provide variance explanations for a portfolio of real estate assets.
- Investment level accounting functions such as compilation of acquisition, disposition, loan financing entries, fair value adjustments, audit adjustments, waterfall entries, minority interest entries, elimination entries, portfolio consolidations and reporting, bank reconciliations, NCREIF data submissions, debt compliance, and maintenance of portfolio support schedules.
- Monitor portfolio cash needs through periodic review of property level funding requests, forecasted cash activity and client distributions requirements.
- Calculate portfolio investment returns, Assets under Management and fees for the designated group of portfolios.
- Quarterly investor reporting including preparation of investor statements and fee statements. Prepare requests for new legal entity setup, new GL accounts, report formats, and recurring journal entry roll ups within core accounting system.
- Assist independent auditors and tax consultants with annual engagements and quarterly tax estimates.
- Special projects, as required
This is an excellent opportunity for an ambitious individual to join the finance team of this account. |
