Accountant, Financial Reporting

Title:                                Accountant, Financial Reporting 

Reports to:                     Accounting Manager, Financial Reporting

Primary Function:         General Accounting/Monthly Financial Reporting

Status:                            Full-time, Exempt

Location:                        Remote

Summary

Ballast Investments (“Ballast” or “The Company”) is seeking an Accountant, Financial Reporting to support the Financial Reporting Accounting vertical. Under the general supervision of the Accounting Manager, Financial Reporting, the Accountant is responsible for the financial oversight of the general ledger activity related to the real estate assets under management. This accountant will be primarily responsible for overseeing several GL account reconciliations and the preparation of several journal entries.

The Company is a vertically-integrated owner-operator of multifamily, student housing, and single family rental assets in the greater Western United States. The Company has several strategic partnerships with global institutional capital providers and has experienced strong growth since its founding in 2014.

Ballast employs over 250 real estate professionals whose mission is to create value by acquiring, developing, and managing our dwellings with exceptional care through an integrated approach. Our culture is founded on teamwork, authenticity, integrity and excellence. Through a shared purpose and common goal, the organization is built to serve its partners and communities within which it invests.

Primary Responsibilities

• Own and manage all internal construction and work order billing
• Set up and maintain construction jobs, budgets, and job codes in Yardi
• Review construction contracts and change orders for accounting accuracy
• Track job costs, commitments, and WIP balances
• Partner with Construction and AP teams on invoice coding and compliance
• Prepare construction billing schedules and proformas
• Ensure proper capitalization and project closeout
• Collaborate with Corporate Accounting and Fund Accounting teams to support general ledger, close, and reporting activities as needed
• Serve as backup coverage for corporate accounting functions to ensure uninterrupted operations during peak periods, absences, or special projects 
• Provide backup support for assigned fund accountants, including journal entries, reconciliations, and month-end close tasks
• Flex resources and priorities based on construction activity levels and broader accounting team needs
• Prepare and post monthly journal entries, including accruals, allocations, intercompany activity, debt activity, amortization, and other GAAP adjustments 
• Prepare and complete monthly bank reconciliations, balance sheet reconciliations, and other supporting schedules timely and accurately 
• Review and analyze general ledger detail to ensure accuracy, completeness, and proper classification 
• Perform detailed variance analysis and investigate unusual fluctuations, reconciling items, and reporting exceptions 
• Coordinate with Accounts Payable, Treasury, Revenue, Asset Management, and Property Management teams to ensure transactions are properly recorded and reporting deadlines are met 
• Assist with audit and tax preparation, including preparing workpapers, support schedules, and responding to auditor and tax preparer requests 
• Maintain organized and audit-ready accounting support and documentation 
• Perform other duties as assigned by management 

Minimum Requirements and Qualifications

• Bachelor’s degree in Accounting required 
• 2 years of accounting experience required 
• Real estate, multifamily, construction and/or property accounting experience strongly preferred 
• Experience owning month-end close and financial reporting for a portfolio, fund, or assigned set of entities preferred 
• Strong Excel skills required, including filters, sorting, pivot tables, lookup functions, and reconciliations 
• Experience with Yardi strongly preferred 
• Strong knowledge of GAAP required 
• Ability to work independently in a remote environment and manage competing deadlines across a high-volume portfolio 

Key Skills and Competencies

• Construction accounting and job costing experience
• Strong sense of ownership and accountability over assigned funds and reporting deadlines 
• Ability to manage full-cycle accounting responsibilities independently with limited oversight 
• Strong analytical skills with the ability to investigate issues, resolve discrepancies, and explain financial results clearly 
• Detail-oriented with the ability to work accurately in a fast-paced, deadline-driven environment 
• Strong organizational skills and ability to prioritize multiple deliverables across month-end, quarter-end, and year-end cycles 
• Effective verbal and written communication skills, with the ability to coordinate across accounting, operations, and leadership teams 
• Proactive mindset with the ability to identify issues early and drive them to resolution 
• Ability to interpret agreements and apply them to accounting conclusions and reporting requirements 

Ballast is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment, and we prohibit discrimination and harassment of any type based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Ballast Investments is also committed to compliance with all fair employment practices regarding citizenship and immigration status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.