Staff Accountant, Corporate Accounting

Realterm is a real estate operator whose employees have a track record of capitalizing on durable insights into the supply and demand of real assets through the global supply chain. Realterm seeks to build and invest in value-added business platforms that have a proprietary position in their markets, source investments with favorable supply/demand dynamics and bring intense focus to operating results.

Realterm offers several career fields such as Accounting, Asset Management, Capital Markets and Investor Relations, Construction, Finance, Investments, Leasing, and Property Management that make working here unique, challenging, stimulating, and rewarding. With offices in Amsterdam, Annapolis, Baltimore, Chicago, Frankfurt, Houston, Los Angeles, Montréal, New York, Singapore and Sydney, you are empowered to take your career where you want it to go.

A career at Realterm allows you thrive in a fast-paced workplace environment with tremendous scale. Enjoy working in a collaborative environment with supportive teammates where you will be challenged to grow and be at your best every day. We offer our employees a robust and competitive benefits package. If you are looking for a rewarding career in private equity commercial real estate, apply today.


SUMMARY

This position is hybrid

This position serves as the Staff Accountant within the Corporate Accounting and Reporting team having responsibilities related to maintaining the books and records of various entities of the organization across multiple jurisdictions, which includes obtaining detailed knowledge of the company’s structure as well as cost center and profit center metrics for capturing and reporting revenues and expenses.

DUTIES AND RESPONSIBILITIES
1. Books and Records Maintenance:
• Ensure financial information related to various corporate entities is maintained in a quality manner and is accurate, timely, complete, and in accordance with GAAP, agreements, and company policies
• Gain understanding of cost centers and profit centers and how they are used within the company. Consult with manager to determine if new cost centers and profit centers are needed and create, if necessary
• Monitor fixed assets for additions and coordinate the depreciation of such assets with the Capital Accounting team
• Gain general knowledge of significant agreements including the basis, calculation, and payment of various revenues and expenses
• Process and record distributions and contributions as needed for Realterm corporate entities
• Provide partners with reporting on capital activity when appropriate
• Coordinate with external service providers and prepare the required supporting documentation requested for compliance, reporting, advisory or tax purposes, including GST/VAT filings in Europe, APAC and other regions
• Calculate and post monthly equity flow through income/loss from investments
• Assist in providing accurate reporting of estimated annual taxable income
• Understand the nature of cross-border transactions and assess the implication of foreign currency exchange and transfer pricing to reporting and cash management
• Gather information from the various accounting teams to properly record, estimate, and budget expenses and revenues
• Ensure costs reported in expense reports are properly coded
• Identify and correct misclassified balances in both the income statement and balance sheet, as necessary.
• Set up new general ledger accounts and entities as needed
• Review and approve invoices for payment
• Maintain additional books and records, as deemed necessary
• Assist with gathering items for audits, ad hoc reporting, and budgeting as needed

2. Month Close Activities:
• Own the monthly, quarterly and annual close processes for corporate entities by preparing and posting recurring and non-recurring journal entries, accruals, amortization, allocations, intercompany billings, and related adjustments.
• Review cost center expenses, profit center revenues, intercompany balances, foreign currency impacts, and other assigned financial activity for accuracy and appropriate classification.
• Maintain and reconcile assigned balance sheet and income statement accounts, ensuring activity is accurate, complete, properly supported, and reviewed within close deadlines.
• Assist with variance analysis, and post-close follow-up to ensure financial reporting is complete, accurate, and aligned with company policies and applicable accounting standards.

QUALIFICATIONS
• Knowledge of GAAP.
• Experience with the Yardi accounting system is preferred.
• Proficiency with Microsoft Office, specifically Excel.
• Well-developed analytical skills.
• Deadline-focused, detail-oriented, organized, and able to prioritize and manage multiple concurrent projects.
• Team-oriented, comfortable working in a fast-paced environment, and able to work independently with minimal supervision.
• Effective communicator, both oral and written, with the ability to communicate with all staff and executive levels within the organization as well as with external service providers across the world.
• Ability to establish and maintain positive working relationships with other employees.

EDUCATION AND EXPERIENCE
• Bachelor’s degree in accounting or finance required.
• 0 to 2 years of accounting experience preferred.
• French is required. Advanced written and spoken English are required. English is required for this role because the incumbent will regularly support and communicate with managers, employees, auditors, and other third parties located outside Québec, including English-speaking Canada, the United States, Europe, and APAC.

WORK ENVIRONMENT
The position is hybrid. Onsite days are in a general office setting. The role may require travel of less than 5% annually to remote office locations based on organizational/business needs.

PHYSICAL DEMANDS
Must be able to remain in a stationary position for the majority of the workday, sitting at a desk, consistently operating a computer. On occasion, may need to lift boxes of up to 50 lbs.


Realterm prioritizes, embraces and values safe, inclusive and collaborative environments and is committed to intentionally building a workplace where our employees can succeed. Full-time eligible employees may participate in our robust benefits program which includes healthcare (single and family coverage available), retirement plan with matching contributions, paid leave, volunteer time off, wellness/lifestyle benefits and more. More information regarding benefits and total compensation will be provided during the hiring process.

Realterm is an equal opportunity employer, as we value and respect diversity. We encourage diversity in ideas, opinions, experiences and identities. We do not discriminate in our employment practices based upon protected class, to include race, color, religion, sex, national origin, age, disability or genetic information.