Responsibilities:
- Coordinate with joint venture partners/3rd party managers to obtain property-level financial information
- Review property-level financial information for reasonableness and record adjustments as necessary on a fair value basis of accounting
- Perform a detailed review of property level financial statements and monthly reporting packages received from 3rd party managers and follow up as necessary
- Monitor fund-level bank accounts and record fund-level financial activity to the general ledger
- Manage cash activity for all Fund-level bank accounts, reconcile and record all cash activity to the Fund's general ledger
- Prepare opening and closing entries for acquisitions and dispositions of properties.
- Consolidate property and fund level financial activity; including consolidated fund financial statements, footnotes, and supplemental financial reporting
- Responsible for maintaining Yardi general ledger for all property and fund related entities
- Record investor level activity in Yardi and generate investor deliverables (Investor Account Statements, Capital Call Notices, and Distribution Notices)
- Prepare draft response for on-going investor/consultant requests relative to investor reporting
- Assist the Accounting and Portfolio Management teams with Fund cash analyses and projections to determine cash needs or cash availability for distribution
- Work directly with independent auditors to complete year end Fund audits and tax filings
- Continuous improvement attitude; ability to seek out and implement internal or external best practices
- Strong analytical abilities and perseverance to solve problems with high attention to detail
- Other duties as assigned
Requirements:
- Bachelors degree in accounting or finance
- 2+ years of accounting experience with real estate or financial services experience preferred
- CPA preferred
- Organized, and self-directed individual eager to learn
- Strong written and verbal communication skills
- Yardi general ledger experience preferred
- Proficient in Microsoft Excel
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What We Do
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. Since inception in 2005, the firm has created a series of differentiated investment solutions focused on demographic-driven, needs-based assets. The firm has invested across senior housing, student housing, build-to-rent, healthcare delivery, life sciences and storage real estate as well as social, utility and digital infrastructure. Headquartered in Chicago and London, with offices throughout North America, Europe and Asia, the firm has more than 290-employees and approximately $55 billion in assets under management. Clients of the firm include a global institutional investor base domiciled in North America, Europe, Middle East, Asia and Latin America. Harrison Street was awarded Best Places to Work by Pensions & Investments for ten years (2014-2020, 2022-2024) and since 2019 has won 15 awards from PERE, including three for the 2023 Awards: Alternatives Investor of the Year – Global, Data Centers Investor of the Year – North America, and ESG Firm of the Year - North America. Harrison Street did not pay any compensation in exchange for the aforementioned awards. For more information, please visit www.harrisonst.com. Assets under management ("AUM") reflects AUM for the Firm’s investment advisory and asset management clients. The information contained on this site is for informational purposes only and should not be considered as investment advice or as a recommendation of any particular strategy or investment product. This profile should not be considered as a solicitation for services *As used in this website, unless the context otherwise requires, "Harrison Street," “HSRE”, “HS” or the "Firm" refers collectively to Harrison Street Real Estate Capital LLC, its subsidiaries, including Harrison Street Advisors.
