Senior Investment Accountant

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Senior Investment Accountant

Apply locations London Corporate Office, London, UK time type Full time posted on Posted 9 Days Ago job requisition id R0160394

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in nearly 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages over 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of nearly $78 billion of assets under management, including over $35 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit .

JOB DESCRIPTION SUMMARY

This is a 12 month Fixed-Term Contract (FTC) position within the UK Finance Team based in London office, enabling the development of technical expertise and business insight in a fast-paced finance team. As a Senior Investment Accountant (FTC), the role involves supporting the Financial Controller and wider finance team, while taking full ownership of investment accounting across the UK operating property portfolios. The position requires close collaboration with head office teams, auditors, external advisors, and key business stakeholders across the business.

JOB DESCRIPTION

Fixed term contract – 12 Months

Key Role Responsibilities:

• Review of month-end and quarter-end reporting packs and year-end reporting activities for offshore holding entities, including reports and supporting schedules for all balance sheet line items and commentary on profit and loss line items.
• Quarterly consolidations across multi-property portfolios in residential special purpose vehicles.
• Preparation/review of accruals, prepayments, and posting of journal entries.
• Cash management, including review of bank reconciliations, forecasts, and payment approvals.
• Preparation and management of quarterly or ad hoc intra-group distribution and capital call waterfalls, including monitoring of cash balances and knowledge of capital expenditure budgets.
• Preparation of investor capital calls and distributions, liaising with Portfolio Management, Investor Relations, Operational and Corporate Accounting and Administrators as required.
• Preparation of quarterly lender reporting including cash waterfalls, compliance certificates and covenant calculations.
• Leading the investor reporting process, preparing the reporting, and dealing with the queries received from the investors.
• Preparation of consolidated audited financial statements within investor and lender reporting deadlines, for residential portfolios.
• Review of subsidiary financial statements and supporting schedules for residential portfolios.
• Assist/manage key audit components and requirements.
• Assistance with the preparation of accounting memos on all technical accounting changes.
• Working closely with Portfolio Management, Asset management and external advisors for the divestments.
• Knowledge of partnership agreements, including lender requirements, investor requirements and external reporting requirements.
• Transition of completed developments from the development accounting team.
• Calculation of investment level management fees.
• Review of quarterly VAT Returns and annual Tax Computations for subsidiaries, coordination with external tax/ VAT advisor.
• Assist the Asset Management team with annual budgeting and re-forecasting for the portfolios.
• Assisting the corporate finance team with business planning and reforecast.

Knowledge & Qualifications:

• Qualified accountant (ACA, ACCA or CIMA).
• 5 years of post-qualification experience in the real estate sector is desirable.
• Previous experience in financial accounting software (Yardi experience is a benefit).
• Excellent written and numerical skills.
• Thorough understanding of accounting policies and procedures.
• Proficiency in Microsoft Office.

Experience & Skills:

• Sound knowledge of Accounting GAAPs, IFRS and Audit
• Debt compliance and investor reporting experience
• Good communicator with the ability to interpret and explain complex financial data
• Positive “can do” attitude with desire to learn, train and develop in the role
• Excellent attention to detail, methodical and takes pride in work
• Self-starter who takes initiative to grow within the role
• Strong time management skills to organize a multitude of concurrent tasks
• Experience working within the Real Estate sector
• Experience working with off-shore real estate structures
• Experience in acquisition and disposal accounting, including financial due diligence

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