Real Estate Accounting And Reporting Lead
The Real Estate Accounting And Reporting Lead role is responsible for overseeing all aspects of a client's real estate expense accounting and reporting. This role is a part of a global client service delivery team, working with colleagues in Accenture's India delivery center to manage the client's reporting of occupancy real estate related expenses.
Key Responsibilities
- Coordinate with the client's third-party real estate management firm for various aspects of real estate operations, including lease administration, lease accounting, capital projects and real estate operating expenses for the company's portfolio of occupied properties.
- Manage the relationship with the real estate management firm to oversee financial reporting for the client's real estate.
- Ensure all real estate related general ledger accounts are reconciled periodically and any reconciling differences resolved promptly.
- Review real estate transactions, in consultation with the client's accounting policy team as needed, to ensure accounting outcomes in line with US GAAP and company policies.
- Liaise with the real estate management team on financial assumptions for business cases.
- Support real estate occupancy annual budget process for Client, including ensuring real estate depreciation expense is properly loaded to the client's system
- Oversee Lease Accounting processes; determine proper accounting for all lease transactions, processing of the monthly lease accounting journal entries, provide year end GAAP and STAT reporting.
- Oversee the rent allocation process managed by the third-party real estate management firm
- Engage with the client's real estate and third-party teams to understand the pipeline of lease transactions and real estate capital projects to obtain general insights.
- Oversee fixed assets acquisitions, capitalization, dispositions, impairments, sales etc. to ensure proper accounting; consult with the client's office of accounting policy as needed.
- Laise with client's tax team to provide annual reporting for personal property tax reporting
- Oversee quarterly and annual fixed assets reporting requirements
- Provide inputs to annual depreciation budgets (and forecasts as needed) for all asset classes, including developing assumptions on acquisitions and dispositions.
Basic Qualifications:
- Minimum of 5 years' experience in investment accounting or in FP&A
Preferred Qualifications:
- Bachelor's degree with a major in a quantitative field e.g., Finance, Accounting, Math, Statistics advanced degree or CPA a plus
- Experience in accounting and reporting for investments.
- Experience in controllership or financial reporting role at a public company insurance sector experience a plus
- Strong knowledge of financial instruments, including fixed income and equity securities, loans, alternative investments, and more
- Knowledge of GAAP accounting pronouncements, US GAAP and US insurance statutory disclosure and reporting requirements for invested assets.
- Professional Skills
- Comfort with uncertainty and fluidity and can work in an agile manner.
- Strong written and oral communication skills
- Organizational skills and ability to multitask with a variety of systems and processes to meet competing deadlines.
- Highly motivated, attention to details, Strong analytical and critical problem-solving skills.
- Self-starter, and a team player with ability to communicate with teams with various backgrounds.
- Collaborate and interact effectively with all levels of staff and management.
- Maintain a positive attitude with the ability to make sound decisions with minimal supervision
Compensation at Accenture varies depending on a wide array of factors, which may include but are not limited to the specific office location, role, skill set, and level of experience. As required by local law, Accenture provides a reasonable range of compensation for roles that may be hired in California, Colorado, District of Columbia, Illinois, Maryland, Minnesota, New Jersey, New York or Washington as set forth below.
We accept applications on an on-going basis and there is no fixed deadline to apply.
Role Location Annual Salary Range:
California $73,800 to $182,600
Colorado $73,800 to $157,800
District of Columbia $78,500 to $168,000
Illinois $68,300 to $157,800
Minnesota $73,800 to $157,800
Maryland $73,800 to $157,800
New York/New Jersey $68,300 to $182,600
Washington $78,500 to $168,000
About Accenture:
We work with one shared purpose: to deliver on the promise of technology and human ingenuity. Every day, more than 775,000 of us help our stakeholders continuously reinvent. Together, we drive positive change and deliver value to our clients, partners, shareholders, communities, and each other. We believe that delivering value requires innovation, and innovation thrives in an inclusive and diverse environment. We actively foster a workplace free from bias, where everyone feels a sense of belonging and is respected and empowered to do their best work. At Accenture, we see well-being holistically, supporting our people's physical, mental, and financial health. We also provide opportunities to keep skills relevant through certifications, learning, and diverse work experiences. We're proud to be consistently recognized as one of the World's Best Workplaces. Join Accenture to work at the heart of change.
HealthcareX
