Sr. Associate, Portfolio Accounting & Reporting

Harrison Street is a leading investment management firm exclusively focused on alternative real assets. Headquartered in Chicago with offices in London, Toronto, San Francisco, and Washington D.C., the firm has more than 220-employees and approximately $50 billion in assets under management. Clients of the firm include a global institutional investor base domiciled in North America, Europe. Asia-Pacific, Middle East and Latin America.   The Firm is seeking to hire an Accounting Senior Associate to join their Portfolio Accounting & Reporting team. The ideal candidate will have at least four years accounting experience and be successful working in a fast-paced team environment. Specific duties will include:

Responsibilities:

• Coordinate with joint venture partners/3rd party managers to obtain property-level financial information.
• Review property-level financial information for reasonableness and record adjustments as necessary on a fair value basis of accounting.
• Perform a detailed review of property level financial statements and monthly reporting packages received from 3rd party managers and follow up as necessary.
• Build an effective working relationship with existing joint venture partners and onboard new joint venture partners.
• Monitor and manage fund-level bank accounts and review fund-level financial activity recorded to the general ledger by the accounting associate.
• Prepare opening and closing entries for acquisitions and dispositions of properties.
• Consolidate property and fund level financial activity; responsible for the preparation of the consolidated fund financial statements, footnotes, and supplemental financial reporting.
• Responsible for maintaining Yardi general ledger for all property and fund related entities, including ensuring completeness and accuracy of fund level accruals.
• Record investor level activity in Yardi and generate investor deliverables (Investor Account Statements, Capital Call Notices & Distribution Notices).
• Prepare draft response for on-going investor/consultant requests relative to investor reporting.
• Assist the Accounting and Portfolio Management teams with Fund cash analyses and projections to determine cash needs or cash availability for distribution.
• Work directly with independent auditors to complete year end Fund audits and tax filings.
• Work with portfolio analysts for fund model updates.
• Prepare asset management fee calculations.
• Review line of credit draw documents prepared by the accounting associate.
• Have a continuous improvement mind-set; ability to seek out and implement internal or external best practices.
• Strong analytical abilities and perseverance to solve problems with high attention to detail
• Create and maintain all Yardi entities.
• Other duties as assigned.

Background Required:

• Bachelors degree in accounting or finance.
• 4+ years of accounting experience with real estate or financial services experience preferred.
• CPA required.
• Organized, and self-directed individual eager to learn.
• Strong written and verbal communication skills.
• Yardi general ledger experience preferred.
• Proficient in Microsoft Excel.