Job Description

Job Description

Job Description

Job Summary:  The Financial Reporting Accountant is responsible for overseeing the preparation, review, and distribution of financial statements to senior management, investors, and lenders. This role includes managing consolidated financial statements, such as balance sheets, profit and loss, and cash flow statements for various real estate entities, including multifamily, commercial, mixed-use, hospitality, and construction.

 

Job Responsibilities:  Including but not limited to

• Manage the preparation, review, and distribution of all financial statements to senior management, investors, and lenders.
• Assist on preparing consolidated balance sheet, profit and loss, and cash flow statements, including review of related workpapers for various types of entities such as multifamily, commercial, mixed-use, hospitality and construction.
• Supports month end and year end closing.
• Review loan agreements, notes, etc., to ensure timely preparation, calculation, and distribution of all required reports to lenders as per loan covenants, including real estate schedules, contingent liability, debt service coverage ratio, among others.
• Assist the real estate acquisition and loan due diligence process.
• Manage and maintain timely mortgage payments to lenders.
• Manage Investors’ equity, distribution, contribution and capital call.
• Serve as liaison between lenders and investors to address questions related to financial information.
• Monitors and ensures timely identification and compliance with evolving accounting guidance, provides US GAAP interpretation and prepares technical memorandums that document issues in a clear, logical, and comprehensive manner.
• Communicates and explains accounting issues and evolving accounting guidance to the management team.
• Communicates with external auditors on external financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues.
• Assists in the coordination of annual audit and quarterly review activities of external auditors.
• Directly oversee one outsourced accounting staff in accordance with the organization's policies and applicable laws.
• Creates, implements, and maintains comprehensive accounting policy documents to improve clarity and consistency. Implements and maintains reporting procedures to comply with internal control requirements.
• Performs continuous assessment of the close process and process re-engineering to reduce the timing to close the financial period.
• Participate in the preparation of annual operating budgets.

 

Job Requirements & Qualifications:

• A bachelor's degree in accounting, Finance, or a related field. A master’s degree and CPA certification, or being a CPA candidate, is a plus.
• Experience in finance, investment accounting, real estate accounting, or private equity.
• Solid understanding of US GAAP financial reporting standard, and experience in real estate investment fund accounting.
• Proficient in accounting ERP software, preferably Yardi Voyage 7s, Investment Accounting or Sage 300.
• Strong Excel skills, adept at generating insightful reports from a dataset using advance formulas.
• Excellent analytical and problem-solving skills.
• Outstanding communication and team collaboration abilities.

 

Benefits:

• Competitive salary commensurate with experience ($65,000 - $85,000 per year).
• Comprehensive benefits package including health insurance, retirement plans, and paid time off.
• Collaborative and team-oriented work environment.
• Opportunities for professional development and career advancement within a growing organization.

 

About Us:

Prime Group’s vertically integrated approach unifies multiple Real Estate disciplines under a single roof sharing a multifaceted vision of improved, sustainable real estate development utilizing our diverse strengths, strategic affiliates, and talented in-house professionals. Our results are a robust portfolio of retail centers, offices, mixed-use developments, hotels, resorts, restaurants, and residential single and multi-family communities; each supported and sustained through technology, planning, and experienced skilled personnel. We are a privately owned company with the agility and strength to leverage unique opportunities. With growth as a measure of our success, Prime Group’s core affiliates shift and share resources to support our projects, processes, companies, and clients. Since Prime Group began as a residential real estate development company, the company has grown to include commercial retail, office, hospitality, and mixed-use specialties, consultation, and management.

 

If you are motivated with a passion for real estate development and investment, we invite you to apply for the Financial Reporting Accountant position at Prime Group.

 

Job Title: Financial Reporting Accountant

Location: Hollywood, Florida

Company: Prime Group – Prime General

Department: Accounting

Reports To:  Corporate Controller

FLSA Status: Salary, Exempt

 

Thank you for expressing interest in employment with Prime Group. While only those candidates considered for the position will be contacted, your resume will remain on file for 90 days.

 

Equal Opportunity Employer

Company Description

Welcome to Prime Group, where our vision is centered on enhancing the realms of hospitality, commercial and residential real estate. We pride ourselves on being a multifaceted company with a commitment to delivering top-notch construction, development, and management products and services.

At Prime Group, we believe in a comprehensive and integrated approach that maximizes the collective strengths of our affiliates and in-house professionals. This philosophy has not only fostered stability but has also propelled us into a trajectory of steady growth, both on the international stage and within the vibrant landscapes of the United States.

What Sets Us Apart:

1. Visionary Construction and Development: We're not just building structures; we're crafting visionary spaces that redefine the landscape of hospitality, commercial, and residential domains.

2. Integrated Expertise: Our approach is collaborative, bringing together the diverse expertise of our affiliates and in-house professionals to create seamless, in

Company Description

Welcome to Prime Group, where our vision is centered on enhancing the realms of hospitality, commercial and residential real estate. We pride ourselves on being a multifaceted company with a commitment to delivering top-notch construction, development, and management products and services.\r\n\r\nAt Prime Group, we believe in a comprehensive and integrated approach that maximizes the collective strengths of our affiliates and in-house professionals. This philosophy has not only fostered stability but has also propelled us into a trajectory of steady growth, both on the international stage and within the vibrant landscapes of the United States.\r\n\r\nWhat Sets Us Apart:\r\n\r\n1. Visionary Construction and Development: We're not just building structures; we're crafting visionary spaces that redefine the landscape of hospitality, commercial, and residential domains.\r\n\r\n2. Integrated Expertise: Our approach is collaborative, bringing together the diverse expertise of our affiliates and in-house professionals to create seamless, in

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