Colony Capital

  • Senior Accountant

    Job ID
    2018-1411
    Job Locations
    US-TX-Dallas
  • 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. CLNY is headquartered in Los Angeles with over 400 employees in offices located across 17 cities in 10 countries. 

     

    This position will focus on supporting our industrial platform, under Colony Industrial, where we acquire, develop and operate industrial properties in major metropolitan markets throughout the U.S. with a focus on light industrial buildings. You can learn more about Colony Industrial here.

     

    The Senior Accountant is responsible for the property-level accounting of the U.S. Light Industrial Portfolio.

    Responsibilities

    General Accounting:

    • Review and approve journal entry upload files prepared offshore
    • Review and approve Fixed Asset system data and general ledger interface
    • Maintain Job Cost module; monitor capitalization policy compliance
    • Process straight-line rent function
    • Prepare journal entries, as needed (i.e. impairment, supplemental operating revenue and expenses, )
    • Assist in preparing monthly financial workbooks and analysis
    • Assist in preparing monthly, quarterly and annual financial statement packages and footnote disclosures
    • Assist with debt compliance matters including financial reporting
    • Assist with annual audit (bank confirmations, PBC accounting work-papers)
    • Assist with pro-rations and related accounting for acquisitions and dispositions
    • Review of property budgets and reforecasts

    Cash Management:

    • Monitor daily cash activity and balances; data check and cross check Yardi / JPMorgan integrated products, including PaySource and ARP Full Recon
    • Prepare wire transfers, ACHs, book transfers, and other EFTs
    • Review daily cash report prepared offshore
    • Process bank statement reconciliations
    • Accounts Receivable
    • Review daily cash receipt batches prepared offshore
    • Review tenant direct expense recovery charges ("bill-backs")
    • Review tenant indirect expense recovery (CAM) calculations prepared offshore
    • Review aged delinquency reports

    Accounts Payable

    • Process system's disbursement function; process live checks when needed
    • Process system's management fee function
    • Process loan payments via system upload
    • Render guidance and support to third party management personnel, as needed

    Other Responsibilities

    • Participate in Sarbanes-Oxley compliance activities applicable to job functions
    • Routinely validate custom report designs and related data integrity
    • Assist in training, development and mentoring of the Accounting Clerk
    • Ad hoc duties, as assigned and directed

    Qualifications

    • 3-5 years of experience
    • Certified Public Accountant (CPA) – preferred, but not required
    • Ability to meet assigned deadlines
    • Experience with Yardi general ledger software – preferred, but not required
    • Ability to perform multiple assignments
    • Highly detail oriented
    • Excellent oral and written communication skills
    • Proficient in Excel and Microsoft Word
    • Ability to work cooperatively and collaboratively with all levels of employees, management and external vendors to maximize performance, creativity, problem solving and results.

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