Job Title:  Senior Fund Accountant, Real Estate

Employer:  Boyd Watterson Asset Management

Location:  Cleveland, OH       

 

Boyd Watterson Asset Management, LLC is an independent investment advisor specializing in fixed income, real estate, and equities. We deliver investment solutions tailored to meet the needs of Taft-Hartley funds, foundations and endowments, religious organizations, public entities, corporations, insurance companies, and advisory channel clients.

Our fixed income investment strategies range from short-term to liability-driven investing and high-quality to high yield.  Our real estate strategies are derived from our specialized capabilities in acquiring and managing real estate leased to the US General Services Administration (GSA), which houses key federal agencies nationwide.  Our equity capabilities are focused on domestic and dollar-denominated international large-capitalization, income-oriented strategies.  We offer separately managed accounts, mutual funds, sub-advisory services, and bespoke solutions.

The Senior Fund Accountant will have responsibility for the accounting and finance functions for a real estate investment fund.  This individual will work directly with the third-party Accounting Group and the Fund Administrator in the preparation of financial statements and information for the Fund.  This position will report to the Senior Vice President in our Chicago, Illinois office.

 

Major Duties and Responsibilities:

Manage financial reporting for property and real estate investment entities:

  • Review monthly financial statements for individual properties and review and/or prepare consolidated financial statements
  • Prepare consolidated REIT financial statements to submit to the Fund Administrator for preparation of fund financial statements and review of investor capital and performance statements
  • Review performance reporting
  • Coordinate year-end audit and tax work with public accountants
  • Review each property acquisition closing document with settlement statement for accuracy and to ensure it complies with Investment Committee approval
  • Onboard newly acquired properties, including verifying set-up of legal LLC, establishing bank account and reviewing opening entry and workpaper support to submit to Property Managers and Accountants

Manage Cash Flow from investors and lenders for use in acquisitions, distributions of excess cash to investor or pre-acquisition or entity disbursements:

  • Perform weekly cash analysis
  • Review monthly bank reconciliations performed on managed accounts
  • Approve and disburse checks for managed accounts
  • Coordinate monthly interest payments to lender
  • Calculate and invoice monthly asset management fees

Administration:

  • Serve as a resource for Boyd Watterson real estate operations

 

Education, Skills, Personal Characteristics and Work Experience Requirements:

  • Bachelor’s Degree in Accounting
  • Excellent working knowledge Microsoft Office Products, particularly Excel
  • Yardi experience
  • Strong knowledge of Generally Accepted Accounting Principles
  • 3+ years public and/or private accounting; real estate accounting preferred
  • Supervisory experience
  • Ability to work in a fast-paced environment, with the ability to multitask managing several projects at once

 

Interested candidates can forward resumes to careers@boydwatterson.com