Staff Accountant
Position Description:
The Staff Accountant will report directly to the Corporate Accounting Manager or Supervisor and work closely with the Director to contribute to a timely and accurate month-end close. The Staff Accountant will perform advanced and specialized assignments related to accounting for limited partnerships and will perform key internal controls over financial reporting, ensuring quality and GAAP compliance for BREIT.
As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $85,000-$90,000. Actual base salary range may vary based on various factors, including but not limited to location and experience.
Job Responsibilities:
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Perform daily accounting operations including journal entries, account reconciliations, SOX internal control procedures and financial reporting.
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Process monthly financial packages from third-party providers to ensure completeness and accuracy of reported information.
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Prepare journal entries and other analytical data to support month end closes.
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Reconcile general ledger account balances to the sub-ledger or supporting schedules.
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Produce monthly variance analysis reports for management in compliance with various SOX controls.
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Actively assist in implementing new accounting processes and streamlining existing processes to increase efficiency and effectiveness.
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Work closely with other teams in the organization and external third-party providers to ensure that all transactions are recorded properly and timely.
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Gather documentation and prepare responses to requests from internal and external auditors.
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Troubleshoot escalated issues and ensure that they are handled timely and effectively.
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Document and update operating standard procedures for key accounting processes.
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Provide special project assistance to the CFO, CAO, Controller, or Accounting and Tax.
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Produce ad hoc reports and analyses as necessary.
Qualification:
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BA/BS in Accounting/Business/Finance
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2+ years of relevant accounting experience
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Strong knowledge of GAAP accounting, including consolidations and real estate accounting
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Public accounting experience is a plus.
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Low-Income Housing Tax Credit industry experience is a plus.
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Proficiency with Excel, Yardi or other Real Estate related software experience preferred.
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Excellent written and verbal communication skills
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Team player
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Excellent organizational and analytical skills
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Ability to thrive in a fast-paced, deadline-oriented environment.
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Effective communication, attention to detail, time management, willingness to learn and take on new tasks.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the California Fair Chance Act and any other applicable city, county, or local ordinances. Good cause exists for a criminal background check because one of the material duties of this position requires access to [sensitive financial information/confidential and proprietary information/consumer identifying information/etc.] and accordingly requires the candidate to possess a high level of integrity and discretion. The Company faces a significant risk to its business operations or business reputation if a criminal history check is not performed. A criminal history that has a direct, adverse, and negative relationship with these material duties may potentially result in the withdrawal of a conditional offer of employment.
