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Senior Real Estate Reporting Analyst
Eaton Vance
Boston, MA, United States
Job Details - this job has expired, please see similar jobs below
By joining Eaton Vance, you’ll become part of a company that has one of the best employee retention rates in the financial services industry. We offer competitive salaries, generous benefits, and tremendous opportunities for growth and development. If you do not see a position that fits your career objectives, please return to this site in the future as our hiring needs will change. We look forward to your becoming a part of our continued success!
Basic Purpose:
Eaton Vance manages alternative investment products that currently have $4+ Billion invested in real estate assets and seeks a Real Estate Accounting and Reporting Analyst for its Alternative Investments team within Fund Administration. In this role the successful candidate will be a strong team contributor, responsible for maintaining all aspects of accounting and reporting of real estate investments, including transaction accounting. The real estate investments are held through various ownership structures in several market sectors and are managed by independent property management companies. Effective communication and relationship skills as well as an understanding of internal controls and a strong attention to detail are critical for this function.
Primary Responsibilities:
• Maintain overall accounting and internal and external reporting records for wholly-owned and co-owned subsidiaries and real estate joint ventures (currently in the following sectors: multi-family, office, industrial and mixed use).
◦ Responsible for detail review, analysis and oversight of all financial accounting and reporting provided by outside real estate management companies to ensure accuracy and compliance with GAAP.
◦ Prepare and provide accounting instructions.
◦ Oversee the accounting and debt compliance for certain investments in properties.
◦ Monitor and account for distributions and contributions from/to real estate investments on a daily, monthly and quarterly basis.
◦ Meet all reporting deadlines.
• Maintain and monitor overall accounting for Exchange Funds’ credit facilities. Responsible for cash management as well as lender compliance which currently includes:
◦ Review, manage and maintain various compliance requirements for several credit facilities, including weekly and monthly debt compliance and ensuring accurate and timely delivery to lenders.
◦ Review, monitor and process interest payments.
◦ Manage the cash management function for Exchange Funds which includes real estate transactions, investor transactions and expense payments.
◦ Prepare lender notices for borrowings and repayments.
• Prepare overall accounting for acquisition and sales transactions of real estate investments. This includes review and analysis of deal documents, preparation of transaction accounting journal entries and analysis. Periodically perform audit procedures on third property managers.
• Perform accounting research as needed.
• Regularly monitor and maintain several entity-level trial balances.
• Monitor and process certain expenses and invoices as necessary.
• Continually contribute to team environment to provide insight on improving processes and resolving operational issues.
• Maintain relations with outside service providers to include property managers, joint venture partners, banks and audit professionals.
• Interface with service providers that maintain the books and records for the investment funds. Provide accounting instructions.
• Ensure compliance and a strong adherence to controls over areas of responsibility.
• Cross-train co-workers on various responsibilities.
• Limited travel, primarily to third party property managers as needed.
• Other responsibilities and special projects, as necessary.
Job Requirements:
• BS in Accounting or business, CPA and/or audit experience is preferred.
• A minimum of 5 years of relevant accounting and reporting experience with exposure to the real estate industry preferred.
• Ability to work independently and to take ownership for responsibilities.
• Ability to meet stringent deadlines and to contribute to a team environment.
• High degree of professionalism and ability to maintain good working relationships with multiple outside service providers.
• Excellent oral and written communication skills.
• Excellent organizational skills.
• Strong aptitude for detail and high degree of reliability and accuracy.
This policy applies to Eaton Vance Corp. and all subsidiary companies (the “Company”).
The Company is an equal opportunity employer and is committed to providing a work environment that is free of discrimination and harassment. It does not discriminate against applicants or employees with respect to any terms or conditions of employment on account of race, color, religion, creed, national origin, ancestry, sex, sexual orientation, age, pregnancy, parenthood, physical or mental disability (actual or perceived), medical condition including genetic characteristics, marital status, citizenship status, military service, gender, gender identity, registered domestic partner status, domestic violence victim status, status with regard to public assistance, or any other characteristic protected by applicable federal, state or local laws. Eaton Vance also prohibits discrimination based on the perception that a person has any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics. This commitment applies to all persons involved in the operations of the Company, and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers. All employment decisions shall be consistent with the principles of equal employment opportunity.
The information on this Web site is for U.S. residents only. The information on this Web site does not constitute an offer to sell, or a solicitation of an offer to purchase, securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Eaton Vance does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. © Eaton Vance Management. All rights reserved. Two International Place, Boston, MA 02110