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Portfolio Accountant - Analyst
$61k-78k (estimate)
Full Time 4 Months Ago
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Pennybacker Capital is Hiring a Portfolio Accountant - Analyst Near Austin, TX

Pennybacker Capital is seeking a candidate to join its dynamic, entrepreneurial team. Headquartered in Austin, TX with offices inNew York, NY, Charlotte, NC, and Denver, CO, Pennybacker Capital is a rapidly growing real estate private equity firm that invests in all product types in select dynamic growth markets across the United States. We utilize high quality data analyses, predictive analytics, and artificial intelligence tools to identify key investment themes and use that information to target mismanaged, undercapitalized, or undervalued properties and debt positions. We are looking for an enthusiastic, highly motivated, and team-oriented individual with a passion for identifying and solving complex problems and a drive for continuous improvement.

ESSENTIAL FUNCTIONS
  • Portfolio and property level accounting reviewer of all investments’ monthly financial reporting packages from joint venture partners and third-party property managers
  • Collaborate with the data team to review and manage accounting and financial performance data for Pennybacker Alpha, the firm’s internal investment software, while also helping to develop financial tools that automate and improve reporting processes
  • Compile accounting information and conduct detailed financial and real estate data analyses in response to quarterly data-intensive institutional reporting and ad-hoc requests
  • Maintain portfolio accounting and performance documents required for the annual audit
  • Coordinate with the joint venture partners to receive all information required by the tax preparers
  • Analyze construction/development agreements and prepare construction management fee calculations
  • Collaborate with the portfolio optimization team and third-party valuation provider to ensure accurate and timely quarterly valuations
  • Serve as the liaison with the credit servicer and assist in the oversight of performing credit investments


QUALIFICATIONS – REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

Experience

  • Degree in a relevant field such as accounting or finance or equivalent experience
  • 2 years relevant work experience, preferably in public accounting and/or real estate accounting

Core Competencies

  • Adaptability
  • Aptitude and willingness to use new technologies that add efficiencies to internal processes
  • Team player who is comfortable accepting and providing constructive feedback
  • Communications
  • Excellent project management, organization, and communication skills
  • Continuous learning
  • Desire to continuously advance technical and professional skills
  • Assesses own strengths and weaknesses and pursues training and development opportunities
  • Problem solving
  • Thinks creatively and identifies innovative solutions to existing process and methods
  • Teamwork
  • A motivated self-starter who thrives in a team environment


BEHAVIORAL ASSESSMENT

To be considered for this position, please take the following steps:

  • Email your resumé and information to sfarley@pennybackercap.com and mbillingsley@pennybackercap.com
  • In addition to providing your resumé, applicants are also required to take the behavioral assessment

The behavioral assessment should take less than 10 minutes to complete. It is not a test, and there are no right or wrong answers.

Job Summary

JOB TYPE

Full Time

SALARY

$61k-78k (estimate)

POST DATE

12/07/2023

EXPIRATION DATE

05/13/2024

WEBSITE

pennybackercap.com

HEADQUARTERS

AUSTIN, TX

SIZE

25 - 50

FOUNDED

2006

CEO

TIMOTHY P BERRY

REVENUE

<$5M

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