Property Accounting Manager at RSI

We are a growing privately held real estate and commercial office Investment firm based in the San Francisco Bay Area. We have 30 portfolios throughout the US and in Mexico. We are looking for a Controller to lead all accounting and reporting. This position is newly created position due to the growth our company.

Our leadership team inspires our employees to be successful by providing an excellent work environment and training. We promote a team-oriented work culture, and our leaders cares deeply about the staff’s well-being. The company also provides an excellent healthcare benefits package along with a competitive compensation plan.

If you are looking for a position where you can apply your skills and build a thriving and rewarding career – please apply with us!

Primary routine responsibilities:

Manage month‐end close and process (both portfolio and fund), quarterly and annual fund financial statements, managing various.

There will also be exciting opportunities to lead ad hoc projects to strengthen the foundation of the finance department, such as selecting/implementing an accounting system, working with the business intelligence partner to streamline the reporting processes, and other initiatives to enhance/automate existing processes/procedures.

DUTIES & RESPONSIBILITIES:

· Oversee all portfolio accounting and ensure accurate and timely reporting

· Managing and directing hotel operator accounting relationships to ensure efficient and timely reporting

· Reviewing monthly hotel financials utilizing accounting schedules

· Independently resolving routine and non‐routine portfolio accounting matters

· Perform full cycle accounting for fund level entities, which include:

· Fund level cash management and treasury activities (ACH payments and transfers)

· Booking of fund level entries and tracking due to/from activity with the portfolio entities

· Preparation of consolidated financial statements with notes and appropriate elimination

entries for JV partner and lender (consistent with GAAP and USALI

· Preparation of complex acquisition and allocation entries

· Lead loan administration activities

· Monthly and quarterly reporting

· Preparing and submitting escrow draws

·

Consolidating construction draws prepared by third party project management firms

· Assisting the DoF with ad hoc projects pertaining to the loan

· Manage various consultants for taxes, property taxes, insurance and compliance

· Research technical items as they arise and make recommendations

· Lead and/or assist with various ad hoc projects as needed

· Evaluating, documenting, and implementing best in class operating procedures & controls

· Evaluating, selecting, and implementing a new accounting system

· Collaborating and directing the business intelligence partner to streamline and improve

reporting and dashboards

· Collaborating with the Sr. Directors of Capital Projects and Asset Management to build out a

capex approval platform with an external technology partner

· Assisting with due diligence activities for potential investments

· Onboarding of new investments

QUALIFICATIONS

Bachelor’s degree in accounting or finance

6+ years of progressive experience in public accounting and/or industry accounting in real estate,

real estate fund investment accounting or related field (hospitality experience a plus)

In‐depth knowledge of Generally Accepted Accounting Principles (GAAP)

Highly skilled in Microsoft Excel, OneNote, and Word

Demonstrated history of process improvement with previous organizations

Excellent project management, organizational and communication skills, with the ability to address

both technical and non‐technical audience

Excellent analytical skills with strong attention to detail

Must be a self‐starter who takes pride in delivering a high‐quality work product

Must have a growth mindset for continuous improvement