RE FRO ARA Sr Assoc - Chicago, United States - RSM US LLP

Description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you and that's why there's nowhere like RSM.

Education: Bachelor's Degree in Accounting or Finance

Experience:

• Minimum of 4 to 5 years of accounting experience with an emphasis in the real estate industry
• Experience in both public accounting and private industry accounting
• Experience with investment companies

Skills:

• Be conscientious about achieving deadlines and have an accurate work product
• Assume accountability for specific performance
• Good written and verbal communication skills, including ability to articulate recommendations in a concise and timely manner
• Detail-oriented and very analytical
• Strong organization skills
• Quantitative propensity with ability to spot errors
• Strong computer skills in Microsoft Excel
• Familiar and experienced in performance data returns
• Familiar with internal rate of return calculations
• Familiar with consolidating and equity method of accounting
• Strong knowledge of GAAP and accounting pronouncements in general
• Understand variance analysis when comparing actual to budget or historical results
• Understand how to read and write financial statements

Responsibilities:

The position will be supervised by a Fund Controller. The Senior Accountant will be responsible for the review and oversight of the accounting for operating real estate assets performed by third-party fee managers. The position also entails fund level accounting and the consolidation of fund level financial statements. The position is generally responsible for approximately 15 to 20 investments and their related funds.

• Review all property management financial reports on the individual assets
• Record the fair value adjustment for investments in real estate and debt
• Record equity in earnings for joint ventures
• Record minority interest for consolidated entities
• Record Fund related transactions
• Consolidate all investments within a Fund
• Draft quarterly Fund financial statements
• Interact with property accountants, banking personnel and asset managers
• Draft financial information related to client quarterly questionnaires
• Prepare Fund cash management transactions
• Record and reconcile financial information
• Prepare monthly, quarterly, and annual client reports
• Prepare annual cash audit work papers
• Prepare annual audit and tax work papers
• Prepare internal and external performance returns
• Prepare monthly Fund level bank reconciliations for checking accounts
• Calculate and prepare statements of cash flows
• Be able to establish educational goals necessary to enhance job skills
• Be able to enhance technological skills
• Exceptional computer skills in the operation and functioning of all programs used by the organization, i.e., Excel, Word, MRI (general ledger), Outlook E-Mail, and Internet research tools
• Able to organize and summarize information in writing and to proofread work
• Able to understand instructions and react favorably in work situations
• Enjoy fast-paced, multi-task environment
• Detailed, organized and communicative
• Task- and goal-oriented and capable of functioning in an entrepreneurial and corporate setting
• Able to work in a dynamic office setting
• Able to work occasional evenings and weekends

At RSM, we offer a competitive benefits and compensation package for all our people. We support and inspire you to prioritize your wellbeing by delivering personalized, holistic programming for your physical, emotional, financial and community wellbeing. RSM has a generous time off policy with at least 14 paid holidays, wellbeing days and associate and above access to self-managed time off. We offer flexibility in your schedule, empowering you to balance life's demands, while also maintaining your ability to serve clients. Learn more about our total rewards at .

RSM is proud to be an Affirmative Action and Equal Employment Opportunity employer. We are proud to provide our employees with tools to assist them in being successful in achieving both personal and professional goals. We welcome and support all our employees to thrive in an environment free of discrimination and harassment. As an Affirmative Action and Equal Opportunity Employer all applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender (including gender identity and/or gender expression); sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at or send us an email at .

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). However, those candidates who may be recent U.S. college / university graduates possessing 1-2 years of progressive and relevant work experience, excluding internships, in the U.S. or his/her home country would be eligible for hire as an experienced candidate and thus eligible for sponsorship.