Description

Manager, Corporate Accounting & Financial Reporting

Who We Are

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do: PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do

Founded in 2010, Core is a vertically integrated company, focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 37,400 beds – and has a pipeline of over 35,000 beds in various stages of development. Core's BTR division currently has approximately 4,000 homes under development and in its pipeline in high growth metros across the country.* For more information, visit www.corespaces.com.

*Portfolio and pipeline numbers as of Q1 2024

Benefits That Matter

• A culture that provides you with a sense of belonging
• Hybrid and remote work options to promote work-life balance
• Competitive pay that values your contributions
• Annual incentive to reward your achievements
• Paid unlimited PTO to disconnect or celebrate life milestones
• Paid 16 holidays, including your birthday, to disconnect and celebrate
• Paid Parental Leave that begins after 90 days
• Paid volunteer time off to give back to your community
• Monthly workshop weeks; fewer meetings & more collaboration
• Robust health plan options that begin within at least 30 days of your employment
• Monthly phone reimbursement
• Wellness allowance and perks, including a yearly subscription to a meditation app
• An environment that provides you a voice to share your perspectives
• Employee Assistance Program (EAP) for access to confidential support services
• Company retirement options including 401(k) matching & Roth account option

Position Overview

The Corporate Financial Reporting Manager position within Core Spaces embraces ambition and innovation to serve the Core Spaces Corporate entities. This role is a key contributor of the corporate accounting and financial reporting team and has significant interaction with other teams within accounting, FP&A and Tax. A successful candidate will be a hands-on professional with a strong understanding of the application of U.S. GAAP and have proficiency in documenting technical accounting positions. A control and process-oriented mindset, strong analytical and problem solving skills, and desire and ability to identify, recommend and lead improvements is also important for success in this role. This role is also involved in the monthly consolidation process.

What You Will Do:

• Manage and oversee the monthly accounting close calendar and corporate consolidation process, ensuring appropriate coordination with all accounting teams to meet reporting deadline
• Lead the preparation and review of financial statement and other reports for senior management, ensuring adherence to GAAP
• Lead the preparation of MoM and QoQ variance explanations
• Perform monthly, quarterly, and annual accounting activities, including reviewing journal entries and account reconciliations, selected general ledger account detailed analysis
• Perform monthly inter-company reconciliation, profit elimination, and consolidation
• Collaborate with property/development accounting teams on a regular basis to ensure intercompany transactions are properly accounted for
• Work closely with FP&A researching monthly variances from budget and create presentation for leadership on results
• Lead the preparation of the quarterly reporting packages, including covenant calculations, for lender purposes
• Responsible for management reports for specific business units. Works with business unit stakeholders to meet accounting and financial reporting needs
• Lead the annual external audit process and respond to investor/lender inquiries pertaining to the monthly/quarterly reporting package
• Prepares the statement of cash flows on a quarterly basis and liaises with FP&A and Treasury for cash flow analysis
• Develop and update reconciliations for all investor level contributions and distributions
• Stay updated with evolving accounting standards and regulations. Develop and implements accounting policies and procedures and ensure those policies are communicated to team members
• Develop, maintain, and ensure compliance with internal controls related to reporting processes. Focus on continuous improvement of processes and procedures
• Lead Yardi system and process improvements
• Mentors and develops corporate accounting team members
• Participate in other ad hoc projects as needed and support key stakeholders, including Chief Financial Officer, Chief Accounting Officer, FP&A, Legal, and Tax.
• Occasional travel may be necessary as needed
• Perform all other duties and tasks as assigned by management
• Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Ideally, you'll have:

• Bachelor’s degree in accounting or finance, CPA designation preferred.
• 8 years of related experience
• Public accounting and real estate industry experience
• Advanced Excel and financial modeling skills combined with the ability to communicate the results of the work product
• Excellent interpersonal and organizational skills
• Ability to multi-task and manage shifting priorities in a fast-paced environment
• Attention to detail and high level of accuracy
• Comfortable working in an open, team-oriented environment
• Experience with various accounting technology platforms

You'll crush it if you have experience with:

• Experience with Yardi
• Experience with enterprise valuation and real estate models

Organizational Structure:

Reports to: Director, Corporate Accounting

Direct Reports: Associate, Corporate Accounting

Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.

Qualifications