Investment Accountant

Accounting Atlanta, Georgia


Job Summary:
We are seeking a motivated accountant to join the growing investment accounting team of Starwood Capital Group, a leading real estate private equity company. The investment accounting team provides investment level financial and management accounting support for a portfolio 90 real estate investments totaling 753 assets. Property accounting is performed by a variety of external managers and / or partners.
  • Recording the following types of transactions for entities in the investment structure in the system of record:
    • Cash payments and receipts
    • Interest accruals
    • Debt amortization
    • Real Estate development transactions (not project accounting)
    • Fair value changes in derivative balances
    • Fair value changes in real estate
    • Acquisition of real estate
    • Disposal of real estate
  • Review of monthly reporting packages provided by third party managers / partners including:
    • Accounting data uploaded by third party in system of record.
    • Balance sheet
    • Income statement
    • Bank reconciliation(s)
    • Fixed asset additions
  • Preparation of monthly, quarterly and annual investment Balance Sheet and Income Statement
  • Additional supporting activities:
    • Coding of invoices for Accounts Payable team
    • Submission of capital draws for approval
    • Interaction with external auditors and tax providers
    • Ad-hoc support of asset management, investment accounting and fund accounting teams as required
    • Inquisitive mindset and a willingness to learn.
    • Handle change well.
    • Demonstrable Excel skills
    • Bachelor’s degree in accounting, finance, or a related field.
    • 1-3 years of progressive accounting experience.
    • Ability to work independently and collaboratively in a fast-paced environment.
    • Authorization to work in the U.S.
    • Real estate investment accounting experience a plus
    • Yardi experience a plus
    • Project management experience a plus
    • Process improvement experience a plus (both manual and through use of technology)
    • Experience with other technology and software not specifically mentioned here could be of interest.