Accounting, Auditing, Bookkeeping, Finance, Economics, Banking, Real Estate
4 Year Degree
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.
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.
2-4 years minimum experience
Real estate accounting background preferred
Audit experience with a public accounting firm
CPA certification (or close)
Bachelor’s degree in accounting or business
Microsoft Excel required with knowledge of MRI or comparable system a plus
Highly motivated self-starter who must be able to meet tight reporting deadlines
Excellent analytical skills with ability to independently solve problems
Strong verbal and written communication skills
Excellent interpersonal skills
Internal Number: 19-0038
About Clarion Partners
Clarion Partners, one of the largest real estate investment managers in the Americas, has managed investment real estate on behalf of institutional investors for more than 35 years. Our consistent investment philosophy is grounded in fundamental research and a broad operating platform with 7 offices strategically located across the United States. Clarion’s investment capabilities span the spectrum from core to opportunistic investments in both the equity and debt sectors.