Company Overview

Berkshire Residential Investments is a people-first real estate investment company who values not only the impact we make as a company, but the time we spend together in our high-performing teams. We value individual skills and perspectives to allow us to best serve our employees, investors, residents, and other stakeholders.

If you’re interested in a workplace where everyone feels empowered to bring their full, authentic selves to work each day, come join our talented and growing team at Berkshire Residential Investments. Our environment of entrepreneurial spirit, culture of expertise and our people-first approach will allow you to thrive while continuing to grow in your career.

Position Summary

The Accounting Manager (Equity) will oversee assigned portfolios of equity investments, properties or corporate entity accounting activities and produce timely and accurate financial statements for assigned portfolios or corporate entities.

Responsibilities include, but are not limited to:

• Preparation and review of monthly financial statements and supporting materials for accuracy and reasonableness, consolidation and elimination entries, and reconciliations
• Oversee the fund accounting department for a portfolio of equity investments, properties, including supervision of the daily workflow of the accounting staff, routine and non-routine assignments, and monthly financial statement close process
• Responsible for the management of the external audit process
• Liaison with property management at remote locations as well as various departments within the company
• Responsible for monthly accounting close of various equity investments, properties, including variance reporting
• Reviews equity investment and property budgets and forecasts
• Produces quarterly reports in support of Investor reporting
• Support portfolio management as needed in the process of compiling the quarterly executive books
• Perform REIT qualification testing on a quarterly basis
• Preparation of related party and joint venture partner activity reconciliations and related payments of intercompany balances and distributions
• Assist in review of joint venture documents, loan agreements and waterfall calculation set up and maintenance.
• Manage and develop accounting staff

• Consistently demonstrate use of tact and discretion.

Knowledge/Experience:

• Three to Five (3 to 5) years of practical accounting experience
• Demonstrated management skills with track record of building teams and identifying, mentoring, and growing talent in-person and virtual
• General ledger maintenance including consolidations and eliminations
• Practical accounting knowledge of account balances
• Full disclosure financial statement preparation, including footnotes
• Budgeting and forecasting
• Multifamily real estate accounting/management
• REIT tax compliance
• Aptitude for organizing, prioritizing, and managing multiple priorities, using critical thinking and problem solving
• Demonstrated multi-modal communication style that reaches every stakeholder, specifically excellent verbal, and written communications
• Ability to communicate with and manage up to senior management
• Collaborative working style with inclusive work and thinking behaviors, commitment to excellence in teams and work product, with a strong work ethic
• Demonstrate emotional intelligence in high pressure and sensitive situations
• Tenacity, patience, and perseverance to work with business deals from beginning to end of process
• Represent the Berkshire employment brand well to candidates by seeking to understand the capabilities and insights of people with unique backgrounds, cultures, styles, and abilities
• Maintain confidentiality of sensitive information and communications of information
• Develop productive working relationships with all team members including internal clients and external third parties
• Demonstrated high level of ethics and integrity with a straightforward and honest approach

Technical/Educational Requirements:

• Bachelor's Degree with a concentration in accounting
• CPA or be CPA qualified preferred
• Must have experience with computer usage/applicable software to solve accounting issues
• Demonstrated ability to use and learn new technology (e.g., computers/hardware, mobile, software, cloud-based programs)
• Proficiency with computers, keyboards, monitors, and telephone headsets
• Proficiency in Microsoft Suite of products (e.g., Word, Outlook, Excel, Teams, Power Point)

Berkshire Residential offers an excellent benefits package, focusing on our employees’ total health and wellness. We offer programs and incentives that promote physical, mental, financial, and behavioral wellbeing both within and beyond our workplace. Please visit our Careers page for full details – and to learn more about how we value our employees.

Berkshire Residential values diversity, equity, inclusion and belonging. Berkshire is committed to providing equal opportunity in all practices, including employees and applicants for employment. We ensure that decisions affecting employees are made without regard to their race, color, creed, national origin, age, disability, gender, gender identity, sexual orientation, or any other protected status.