What are the responsibilities and job description for the Analyst - Investment Accounting position at Asana Partners?
Description
Asana Partners is a real estate investment firm creating value in vibrant neighborhoods by leveraging vertically integrated capabilities and retail expertise. With more than $7 billion of neighborhood retail assets under management, the firm is active in growth markets throughout the United States and is driven to make a positive impact within communities. Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment. We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors. Asana Partners is known for our proven, strategic approach; our sophisticated, collaborative team; and our high-quality portfolio. With offices in Charlotte, Atlanta, Boston, Columbia, Denver, Los Angeles, and New York, we were founded to be a firm that would provide career-long opportunities for our people and a long-term partner for our investors.
For additional information, visit www.asanapartners.com or follow @asanapartners.
Duties
The Analyst is an important accounting support position on the Asana Partners team that reports to the Investment Accounting leadership team and works closely with Asset Management, Treasury, and Corporate Accounting. This is an opportunity to receive the training and experience to build an understanding of basic property accounting and operations of commercial real estate investments. This position is unique in that it provides a direct mentorship opportunity from experienced real estate professionals in a highly visible and inclusive culture. Duties include:
Asana Partners is a real estate investment firm creating value in vibrant neighborhoods by leveraging vertically integrated capabilities and retail expertise. With more than $7 billion of neighborhood retail assets under management, the firm is active in growth markets throughout the United States and is driven to make a positive impact within communities. Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment. We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors. Asana Partners is known for our proven, strategic approach; our sophisticated, collaborative team; and our high-quality portfolio. With offices in Charlotte, Atlanta, Boston, Columbia, Denver, Los Angeles, and New York, we were founded to be a firm that would provide career-long opportunities for our people and a long-term partner for our investors.
For additional information, visit www.asanapartners.com or follow @asanapartners.
Duties
The Analyst is an important accounting support position on the Asana Partners team that reports to the Investment Accounting leadership team and works closely with Asset Management, Treasury, and Corporate Accounting. This is an opportunity to receive the training and experience to build an understanding of basic property accounting and operations of commercial real estate investments. This position is unique in that it provides a direct mentorship opportunity from experienced real estate professionals in a highly visible and inclusive culture. Duties include:
- Approve property operations workflow to facilitate payment of invoices and ensure accurate general ledger coding
- Perform monthly bank reconciliations and gain exposure to technical transactions
- Ensure timely and accurate monthly accruals for a portfolio of investments and perform related financial analysis, including balance sheet classification
- Partner with lease administration team to ensure property lease set up and assist with budget to actual variance commentary on rental income
- Partner with the Asset Management and Property Management teams to review accounts receivable detail and to ensure all income is billed in accordance with lease terms along with gaining exposure to percentage rent, and annual reconciliations of recovery items
- Partner with the Investment Accounting leadership team and Asset Management team members on the budgeting and reforecasting process for all properties
- Basic understanding of GAAP (fair value accounting preferred)
- Passion for real estate is a must
- Excellence in Excel, Word, and PowerPoint
- Acute attention to detail and passion for quality
- Ability to meet and manage critical deadlines and to work independently
- Interested in process improvement and documentation