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Chase · 1 day ago

Asset Management - Real Estate Investments Accounting Controller Team - Vice President

10250 Santa Monica Blvd, Ste 1600 1st Fl, Los Angeles, CA, 90067, US

Full-time

Onsite

Senior Level, Lead/Staff

$145K/yr - $215K/yr

8+ years exp

J.P. Morgan Asset Management is a leading global alternatives manager with a 40-year legacy of delivering innovative solutions across market cycles. As a Vice President in the Investment Accounting Controller Team, you will support the financial reporting of a large Commercial Real Estate portfolio, collaborating with seasoned professionals on various aspects of real estate financial analysis, accounting, and internal controls.

BankingFinancial Services

Responsibilities

Cultivate and maintain strong relationships with REA investment team members, joint venture partners, and property managers

Conduct financial due diligence for acquisitions, collaborating with various REA departments, third parties, sellers, JV partners, and legal counsel

Reconcile and analyze differences between historical cost, tax and fair value accounting to provide insights into the financial performance and valuation of real estate assets

Provide oversight and guidance on accounting treatment, offering periodic feedback on the quality and thoroughness of work products

Review monthly operating results of investments for Fund consolidation and pricing, serving as an escalation point for reporting issues

Analyze financial statements and performance metrics (IRR, equity multiples, time-weighted returns, etc.) of real estate investments

Engage with independent external auditors and tax practitioners

Prepare and review materials valuable for business management, internal stakeholders, and investors

Manage outsourced staff, ensuring adherence to responsibilities and deadlines

Qualification

CPA certificationReal estate accountingGAAPFV reportingFinancial analysisInvestment structuresConsultant managementTime-sensitive deadlinesBachelor’s degree in Accounting

Required

CPA certification

8+ years of real estate accounting experience, with a strong understanding of historical cost GAAP and FV (Fair Value) reporting standards

Bachelor's degree in Accounting

Strong understanding of complex real estate investment structures, mortgage documents, development management agreements, partnership agreements, property management and leasing agreements, and purchase and sale agreements

Experience managing consultants and meeting time-sensitive deadlines