Colony Northstar

  • Controller

    Job ID
    2018-1323
    # of Openings
    1
    Job Locations
    US-CA-Los Angeles
    Posted Date
    2 weeks ago(7/31/2018 5:28 PM)
    Category
    Accounting - REIT
  • Overview

    Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm that manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies. Colony Capital is headquartered in Los Angeles with over 400 employees in offices located across 19 cities in ten countries. 

     

    Colony Capital is seeking an outstanding Investment Accounting Controller to report to the VP, Controller and serve as a key member of the Investment Accounting team. This is a hands-on role that will require detailed involvement in the accounting and financial closing processes. The Investment Accounting Controller will ensure that the proper accounting procedures, controls and infrastructure remain in place and are scaled as Colony Capital continues to grow. The incumbent will also direct the Investment Accounting’s general accounting practices, internal controls and financial analysis and reporting.

     

    This is an exciting managerial opportunity to mentor an Accounting team of 10.

    Responsibilities

    • Manage and review the Investment Accounting functions for a variety of investment types, including single-loans, loan portfolios, preferred equity, and operating real estate
    • Develop and improve processes and timing of monthly close, analytical review of monthly operating results and accounting workbooks and ensure compliance with SOX
    • Review accretion calculations, monthly accruals, monthly and quarterly reporting and cash projections.
    • Collaborate with operations to identify when hold/disposition assumptions have changed and accretion adjustments are required
    • Review and understand partnership agreements and loan agreements
    • Review and monitor consolidation/elimination entries are complete and accurate
    • Promote and ensure consistency in the treatment of accounting transactions
    • Lead, mentor and train the Investment Accounting team, including the development and maintenance of accounting procedures manual
    • Interact and coordinate with finance/acquisition/asset management professionals regarding budgeting/forecasting, regulatory and lender reporting, valuation matters
    • Coordinate/oversee the preparation of the company’s annual budget, monitor operating results and update forecasts; provide ad hoc reporting to management
    • Coordinate with internal and external auditors

    Qualifications

    • 9 – 12 years of progressive accounting experience with minimum 4 years in Big 4 public accounting
    • Current CPA required
    • Real estate or financial services industry experience strongly preferred. Experience in investment management or private equity environment is desirable
    • Intermediate understanding of financial modeling and concepts
    • Proficiency in MS Office
    • Positive leadership style, ability to work effectively under pressure
    • Strong analytical, operational, organizational and interpersonal aptitude
    • Excellent oral and written communication skills
    • Strong intellect, solid business sense and good judgment with the ability to develop into a senior leader

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed