What are the responsibilities and job description for the Senior Project Accountant position at Bonaventure Shared Services, LLC?
enior Accountant
Position Summary:
In this role you will oversee Accounting for a portfolio of assets, including specialized real estate investment structures, as well as assist with the full-cycle accounting functions for various Bonaventure portfolio companies. Additionally, you will be responsible for monthly surplus cash distributions and completing the cash management and reporting for various Bonaventure portfolio companies. A successful candidate will have a strong understanding of GAAP and accounting best practices, be inquisitive and capable of thinking critically, be a collaborative and supportive colleague, and work well in a fast-paced environment.
What to expect:
- Develop a deep knowledge of the accounting and financial reporting for a fully integrated multifamily real estate investment enterprise
- Own the collaborative review, accounting, and financial analysis for a portfolio of assets
- Own monthly portfolio distributions end-to-end, reviewing third-party property management calculations against financials, partnering with internal teams on review and adjustments, and ensuring finalized distributions are accurately and efficiently disbursed
- Perform timely and accurate monthly close functions for a portfolio of corporate entities, including recording journal entries, creating and maintaining workpapers and reconciliations, and analyzing results
- Perform accounting for specialized real estate investment structures and tax-advantaged vehicles, applying their unique requirements across investor admissions, distributions, and compliance at both the corporate and property levels based on the respective agreements
- Prepare combined and consolidated financials for the corporate enterprise, including recording and reconciling intercompany activity
- Review operating company financial reporting results, including analyzing monthly budget variances, payroll reporting, and cash reconciliations
- Help lead external audits and tax return preparation, including providing requested documentation and coordinating with preparers
- Manage intercompany and external investor loans, including calculating interest monthly
- Deliver timely reporting on an ongoing basis to internal and external stakeholders, including but not limited to lenders, investors, and various internal customers
- Collaborate with and provide support to other teams and outside groups, including property management, asset management, development, and investor management
- Understand the Company’s internal controls over financial reporting and ensure the consistent application of industry best practices
Qualifications:
- BS in Accounting or Finance
- Public accounting or corporate accounting experience
- Strong attention to detail and accuracy
- Advanced Excel skills and proficiency in Microsoft Suite
- Experience with RealPage or equivalent reporting system preferred
- Experience with specialized real estate investment structures and investor distribution waterfalls preferred
- 3 years’ experience in accounting highly preferred
Why You Should Choose a Bonaventure Career:
Our Culture
You will join a team that has tremendous focus on continuous improvement utilizing radical transparency and honest conversations to achieve success and maximize opportunities.
Our Growth
Bonaventure has developed, acquired, or managed over $3 billion of multifamily assets over the past 25 years, and we currently manage approximately $2.5B AUM over 8,600 multifamily units.
Our People
We are opportunity- and solution-focused.
Our Benefits
- Comprehensive Benefit Plans
- Unlimited PTO and Seven Paid Holidays
- 401k Match
Our Core Values
- Growth – We create enduring value by continuously moving forward, innovating, and improving.
- Attitude – We display and motivate others with our positive attitude and driven work ethic.
- Collaboration – We do our best work when we work together. Every individual is encouraged to contribute because our next great idea can come from anyone.
- Impact – Our effort produces measurable, meaningful results.
- Accountability – We take personal ownership for our actions, commitments, and performance.
- Reputation – Nothing is more important than our reputation.
Salary : $85,000 - $100,000