Consultant, Financial Outsourcing Services –Real Estate

About FTI Real Estate Solutions Practice:

FTI Real Estate Solutions has a singular focus on the real estate and finance industry and the capital markets that serve it. Our services are designed to create integrated financial, tax and real estate solutions for clients having underlying value in real estate operations and assets. We provide an unsurpassed range of real estate advisory services including merger and acquisitions, due diligence, valuation, lease consulting, forensic accounting, financial outsourcing, IPO, REIT tax structuring and compliance, executive compensation, master planning and development services, cost segregation and private client services. We represent leading public and private real estate entities including REITs, financial institutions, investment banks, opportunity funds, insurance companies, hedge funds, pension advisors and owners/developers.

About the Opportunity:

We seek a Consultant in the Financial Outsourced Services group that possesses both accounting and financial statement preparation skills.  We provide outsourced accounting services to both public and private companies, including REITs, mortgage finance companies, real estate private equity funds, developers and operators.  The consultant will interact directly with clients and supervisors, develop and maintain financial reporting support work papers, prepare and post journal entries, and maintain and update client’s general ledgers and adjusted trial balances.  The position requires that you be an assertive self-starter and a proactive problem solver.  Responsiveness to client deadlines (for both financial statements and special projects) is essential.  The Candidate will possess strong accounting skills in US GAAP an demonstrate   the ability to grow technically.

Required/Preferred Skills:

• Bachelor’s or master’s degree in Accounting

• Minimum of 1+ years of real estate accounting experience, preferably with public accounting experience; alternatively, the candidate can have a mix of public accounting (real estate focus) and industry experience at a public or private REIT or real estate company

• Knowledge of property-level and portfolio accounting; understanding of consolidation and joint venture accounting is preferred

• Sound knowledge of GAAP and SEC reporting, a plus.

• Strong analytical, problem-solving and organizational skills with attention to detail

• Proficiency in month/quarter/annual closings for both US GAAP financial statements and preparation of related working papers or analyses

• Knowledge of income tax basis financial statements, a plus, but not required. Strong proficiency in Excel, Word and Power Point

• Familiarity with property management accounting software such as Yardi 7s is preferred

• Ability to understand and communicate ideas clearly and effectively both verbally and in written communications

• Ability to take responsibility for various aspects of projects as well as the ability to suggest improvements and enhancements

• Self-directed and motivated, with a focus on continuous improvement

• Demonstrate a flexible and adaptable work style that can prioritize tasks, work on multiple assignments independently or as part of a team and meet tight deadlines

Certifications/Licenses:

• Minimum of requisite education toward CPA certification, CPA strongly preferred

Primary Duties:

• Perform month end and/or quarter end close, including updates of monthly workbook and financial statement variance analysis, post journal entries and prepare bank and general ledger reconciliations

• Review clients’ books and records, reconcile account balances to supporting schedules, and ability to determine the correctness of accounts and propose/post correcting journal entries and supporting work papers and adjusted trial balance under US GAAP and income tax basis

• Assist in preparation of financial statements, footnotes and necessary support for clients’ Form 10-K, Forms 10-Q and quarterly earnings release

• Assist in preparation of non-public company’s financial statement, footnotes and necessary support as well as management reports, as applicable

• Validate financial information maintained by third party service providers

• Ability to perform basic US GAAP research

• Potential exposure or assistance to ad hoc or special accounting projects such as implementation of accounting software, IPO projects, transaction or business process review, and other financial reporting and asset management reporting assistance

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