Harrison Street

Senior Associate, Portfolio Accounting & Reporting

Harrison Street

full-time

Posted on:

Location Type: Hybrid

Location: Chicago • Illinois • United States

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Salary

💰 $100,000 - $150,000 per year

Job Level

Senior

About the role

  • Coordinate with joint venture partners/3rd party managers to obtain property-level financial information.
  • Review property-level financial information for reasonableness and record adjustments as necessary on a fair value basis of accounting.
  • Perform a detailed review of property level financial statements and monthly reporting packages received from 3rd party managers and follow up as necessary.
  • Build an effective working relationship with existing joint venture partners and onboard new joint venture partners.
  • Monitor and manage fund-level bank accounts, including processing payments, reviewing fund-level activity, and recording entries to the Yardi general ledger.
  • Prepare opening and closing entries for acquisitions and dispositions of properties.
  • Calculate quarterly management fees.
  • Consolidate property and fund level financial activity; responsible for the preparation of the consolidated fund financial statements, footnotes, and supplemental financial reporting.
  • Responsible for maintaining Yardi general ledger for all property and fund related entities, including ensuring completeness and accuracy of fund level accruals.
  • Record investor level activity in Yardi and generate investor deliverables (Investor Account Statements, Capital Call Notices & Distribution Notices).
  • Prepare draft response for on-going investor/consultant requests relative to investor reporting.
  • Assist the Portfolio Accounting and Portfolio Management teams with Fund cash analyses and projections to determine cash needs or cash availability for distribution.
  • Work directly with independent auditors to complete year end Fund audits and tax filings.
  • Have a continuous improvement mind-set; ability to seek out and implement internal or external best practices.
  • Strong analytical abilities and perseverance to solve problems with high attention to detail
  • Other duties as assigned.

Requirements

  • Bachelors degree in accounting or finance.
  • 4+ years of accounting experience with real estate or financial services experience preferred.
  • CPA (or working towards) preferred.
  • Organized, and self-directed individual eager to learn.
  • Strong written and verbal communication skills.
  • Yardi general ledger experience preferred.
  • Proficient in Microsoft Excel.
Benefits
  • generous discretionary bonus
  • comprehensive range of benefits — including medical, financial, and wellness programs — designed to support our employees both professionally and personally
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial analysisproperty-level financial statementsfund-level accountingmanagement fees calculationconsolidated financial statementsacquisitions and dispositions accountingcash analysistax filingsauditingfinancial reporting
Soft Skills
analytical abilitiesproblem-solvingattention to detailorganizational skillsself-directedcommunication skillsrelationship buildingcontinuous improvement mindseteagerness to learnperseverance
Certifications
Bachelor's degree in accountingBachelor's degree in financeCPA (or working towards)