Accountant, Compliance

Base Annual Compensation: $85k-$95k (depending on experience)

Title:                                             Accountant, Compliance

Reports to:                                  Accounting Manager, Compliance

Primary Function:                      General Accounting/Monthly Financial Reporting

Status:                                         Full-time, Exempt

Location:                                      Remote

Summary

Ballast Investments (“Ballast” or “The Company”) is seeking an Accountant, Compliance to support the Compliance Accounting vertical. Under the general supervision of the Accounting Manager, Compliance, the Accountant, Compliance is responsible for the financial oversight of the general ledger activity related to the real estate assets under management. This accountant will be primarily responsible for overseeing several GL account reconciliations and the preparation of several journal entries. 

The Company is a vertically integrated owner-operator of multifamily, student housing, and single family rental assets in the greater Western United States. The Company has several strategic partnerships with global institutional capital providers and has experienced strong growth since its founding in 2014.

Ballast employs over 250+ real estate professionals whose mission is to create value by acquiring, developing, and managing our dwellings with exceptional care through an integrated approach. Our culture is founded on teamwork, authenticity, integrity and excellence. Through a shared purpose and common goal, the organization is built to serve its partners and communities within which it invests.

Primary Responsibilities

• Prepare bank transactions and bank reconciliations 
• Compose monthly financial reports for review and submission for lender and investor reporting
• Review and analyze financial statements and schedule preparation on a GAAP basis for all entities to ensure accuracy and completeness
• Maintain a thorough understanding of the general ledger structure
• Facilitate interim/annual audits with external auditors
• Assist with coordination with external auditors on quarterly REIT compliance 
• Support in reviewing year-end tax preparation and audit schedule preparation for assigned portfolios
• Reconcile, investigate, and resolve accounting transactions related to financial statements
• Perform general accounting duties including data input, filing, scanning, and organizing information
• Arrange documentation for year-end tax preparation and annual financial statements prepared by outside accountants
• Prepare periodic corporate tax reports and payment requests
• Read and understand legal agreements including operating agreements, management agreements, loan documents, leases, etc. and apply knowledge to reporting
• Other duties as assigned by management

Minimum Requirements and Qualifications

• Bachelor’s degree in accounting required
• 3 years or more of accounting work experience required
• Proficient Excel skills required (filters, sorting, pivot tables, V lookup, etc.) 
• Real estate and/or property management experience a plus
• Proficiency with Microsoft Office suite of products 
• Yardi experience preferred
• Strong knowledge of GAAP rules and regulations preferred

Key Skills and Competencies

• Detail oriented and able to manage large volume of data with speed and accuracy 
• Ability to complete tasks independently, in a remote setting, through utilizing critical thinking skills and company provided resources
• Proven ability to plan, organize, and prioritize workload to meet financial reporting deadlines
• Possesses accounting background/education including familiarity with both general ledger and property-level transactions
• Excellent communication skills (verbal and written) with the ability to communicate internally with team members

Ballast Investments is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment, and we prohibit discrimination and harassment of any type based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.  Ballast Investments is also committed to compliance with all fair employment practices regarding citizenship and immigration status. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.