FTI Consulting · 2 months ago
Director, Property Accounting | Real Estate Solutions | Corporate Finance & Restructuring
United States, Illinois, Chicago
Full-time
Hybrid
Director/Executive
6+ years expFTI Consulting is the world’s leading expert-driven consulting firm, seeking a Director of Property Accounting to oversee property accounting services for various clients. The role involves managing multiple property accounting teams, ensuring accurate financial reporting, and providing technical accounting knowledge to clients in the real estate and finance industry.
Health CareInformation Technology
No H1B
Responsibilities
Oversee the timely and accurate preparation of monthly property accounting financial reporting (including monthly financial statements, NCREIF & MSCI reporting and compliance, as applicable)
Ensure property financial reporting and associated transactions comply with relevant accounting standards
Prepare and/or review property analytical reports and client executive summaries
Serve as primary escalation contact for Client Property Management and Asset Management departments surrounding property accounting matters
Review monthly property reporting for accuracy and ensure it is in compliance with required FTI and client accounting department property policies and procedures
Provide supervisory guidance to property staff including daily, monthly, and annual tasks
Participate in the preparation of annual budget and re-forecasting processes for client assets
Support closing statements for acquisition or disposition of properties
Support confirmation that all related tax work for properties are prepared, reviewed, and given to the third-party tax preparer on a timely basis
Oversee and manage cash management, banking, and transaction services for specific clients
Create and deliver training materials and content
Identify, document and implement process improvement initiatives
Potential exposure or assistance to ad hoc or special accounting projects such as implementation of accounting software, transaction or business process review, and other financial reporting and asset management reporting assistance
Support investment acquisition and disposition activities
Review procedures and recommend solutions in order to improve efficiencies
Participate in client meetings and trainings as required
Ensure adherence to client’s internal and external audit standards
Coordinate, manage and monitor client’s external audit process
Liaise with clients and assist them on accounting and administrative issues and relevant developments
Provide technical accounting/industry knowledge to clients
Monitor and track team performance in order to meet the client service level agreements and achieve financial targets, including how resources are allocated to various properties
Plan resources in line with business demands, participate in the recruitment and selection process, lead, coach, develop and appraise employees within the team
Establish plan for new client setup and transitions
Keep Senior Management abreast of all material issues affecting the processing of deliverables
Ad Hoc Reports requests and operations metrics as required by management
Support training initiatives
Qualification
Required
Bachelor's or Master's Degree in Accounting or Finance
6+ years public/private accounting experience and/or real estate private equity experience
This role may require travel to clients and FTI offices
Applicants must be currently authorized to work in the United States on a full-time basis; the employer will not sponsor applicants for work visas
Preferred
Knowledge of property-level accounting
Strong proficiency in Excel
Sound knowledge of GAAP and SEC reporting
Experience with fair value reporting for real estate investments and debt obligations
Experience in Performance Reporting – NCREIF and GIPS (AIMR)
Knowledge of Real Estate & Private Equity Funds Accounting
Strong analytical, problem-solving and organizational skills with attention to detail
Proficiency in month/quarter/annual closings at the asset/property level for both US GAAP financial statements and preparation of related working papers or analyses
Ability to understand and communicate ideas clearly and effectively both verbally and in written communications
Ability to take responsibility for various aspects of projects as well as the ability to suggest improvements and enhancements
Self-directed and motivated, with a focus on continuous improvement
Demonstrate a flexible and adaptable work style that can prioritize tasks, work on multiple assignments independently or as part of a team and meet tight deadlines
CPA strongly preferred
Benefits
Competitive total compensation, including bonus earning potential
Full package of benefits plans, including medical, dental, and vision coverage along with life and disability insurance
Generous paid time off and holidays
Company matched 401(k) retirement savings plan
Potential for flexible work arrangements
Generous paid parental leave with available planning tools, virtual expert coaching services and flex return support.
Family care benefits, including back-up child/elder care
Employee wellness platform
Employee recognition programs
Paid time off for volunteering in your community
Corporate matching for charitable donations most important to you
Make an impact in our communities through company sponsored pro bono work
Professional development and certification programs
Free in-office snacks and drinks
Free smartphone and cellular plan (if applicable)
FTI Perks & Discounts at retailers and businesses
Upscale offices close to public transportation
Company
FTI Consulting
FTI Consulting is the leading global expert firm for organizations facing crisis and transformation, with more than 7,900 employees located in 32 countries and territories.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
Sophie Ross
Global CEO of FTI Technology
Steven Gunby
President and Chief Executive Officer
Recent News
Globe Newswire
2024-05-07
2024-04-29
2024-04-25
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