Accounting Manager - Fund Accounting

The Accounting Manager – Fund Accounting is responsible for the oversight and management of timely and accurate reporting of fund operations for Inland’s Real Estate Investment Trusts (REITs). This position is responsible for closing the books and records and serves as the primary point of contact and knowledge center in their functional area both within and outside of the department. This position reports to the Controller.

• Financial Statements: Prepare income statements, balance sheets and supporting schedules monthly, calculate and record consolidation and elimination entries, prepare statements of cash flow and supporting schedules, prepare flux analysis, prepare or review quarterly work papers for SEC filings
• Audit & Tax Coordination: Manage quarterly reviews and year end audits for Inland’s REITs, prepare audit supporting schedules, track request list items and due dates, collaborate with tax team on REIT tests and supporting schedules, coordinate state tax payments and investor state tax true-ups, prepare taxable REIT subsidiary (TRS) workbook monthly
• Cash Management and Forecasting: Responsible for maintaining cash forecast for internal money movement, researching large variances in cash forecast to actuals, reviewing and releasing cash transfers and verifying supporting documentation is saved
• Debt, Derivatives and Debt Compliance: Record or oversee monthly debt service accruals and payments, review or record monthly derivative entries prepared by 3 rd party, prepare debt compliance reporting, create debt compliance checklist and calendar, monitor any debt compliance issues
• Fund Level Expenses: Review and code fund level invoices, record accruals, prepare or review work papers for general and administrative expenses, coordinate board of director fee payments
• Capital and Offering Costs: Reconcile and record equity raise, record and monitor trail commissions, review and code offering cost invoices, track share repurchases and OP unit redemptions, recalculate and coordinate distribution payments, prepare statement of equity and weighted average shares, prepare monthly equity workbooks, prepare or review stock compensation workpaper
• Related Party: Calculate and record related party fees, track routine related party transactions and prepare related party work papers
• Team Leadership: Oversee, train and mentor staff level accountants
• Internal Controls: Update documentation or document internal controls as needed
• Other duties and special projects

Education: Bachelor’s degree in Accounting or related field

Experience: 8+ years in accounting, experience in REITs or real estate a plus

Technical

Skills:

Strong proficiency in Excel and experience with accounting software

Knowledge: Deep understanding of GAAP

Annual Base Salary Range: $
109,000-$140,000
. This position is eligible to participate in the company’s annual discretionary bonus program.

Inland offers a competitive range of benefits for eligible Full-time employees:

• Medical/Dental/Vision insurance (PPO)
• Participation in the company 401(k) plan with a company match
• Vacation Time, Nine Paid Holidays, Three floating holidays per year
• Sick time
• Company-paid life insurance equaling your annual base salary
• Company-paid short-term and long-term disability

This position is eligible as an internal promotion opportunity.

To learn more about the Benefits Inland offers its employees please click thelink to learn more.

Weare a drug-free workplace. Pre-employment background checks and drug screening is performed on all new hires, in accordance with applicable laws and regulations.

We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes.

We are an E-Verify employer. Please click the following link to learn more.