01 Jun
Real Estate Fund Accounting Manager- Associate
New York, New york city 00000 New york city USA

The Real Estate Americas (REA) business seeks a Fund Accounting Manager with approximately 4 to 6 years of real estate accounting experience to assist with the financial management of one its open end real estate funds including client and internal reporting requirements.The Fund Accounting Manager will work closely with an experienced group of professionals while overseeing /engaging in all aspects of real estate financial analysis, accounting, taxation, treasury functions, internal controls, external auditors and third party service providers.EducationBachelor's degree with major in accounting.Qualifications and SkillsC.P.A. required. Strong accounting, analytical and problem solving skills. Must be detailed oriented with strong organizational work habits. Solid communication skills. Ability to work in many roles within the team framework (leader, support, coworker, backup for peers). Computer literacy and working knowledge of Excel and Word. Yardi a plus.Primary ResponsibilitiesResponsible for the month-end pricing, financial reporting and accounting of real estate Fund.

Prepare and/or review quarterly/annual GAAP financial statements for Fund including audit and marketing team coordination.

Ensure that the Fund and all investments are accounted for in accordance with US GAAP and conduct technical accounting research to ensure appropriate application to investments and Fund as needed.

Understanding of real estate investment operations, promote structures, mortgage documents, development agreements, partnership agreements, purchase and sale agreements, and Fund legal structures.

Review and analyze property and Fund financial information including annual budgets and monthly operating activity.

Heavy interaction with independent external auditors, tax practitioners, legal counsel and other professional service providers. Oversight of third parties monitoring their compliance with responsibilities, budgets and deadlines.

Oversee/Coordinate with Fund level debt closings and monitor and prepare and/or review financial covenant compliance for third party debt/lines of credit.

Ensure tax strategies are appropriately implemented within the Fund and investments' operating and reporting structure.

Prepare and review Fund cash flow and return/performance analysis used for portfolio management decision-making and internal reporting.

Field questions and run/discuss analyses for the Fund's Portfolio Management team and Controller.

Coordinate with the client service and marketing team regarding responses to client questions, requests, and presentations. Participate in client due diligence meetings including presenting on operating, reporting and control topics.

Oversee monthly debt mark-to-market process.

Oversee and manage Fund's available operating cash and review/coordination of payments.

Coach, mentor and develop internal resources.

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.Equal Opportunity Employer/Disability/Veterans


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