Deloitte Controllership - Real Estate - Sr. Consultant in Los Angeles, California
Senior Consultant in Controllership - Real Estate - Deloitte Advisory, Deloitte & Touche LLP
Deloitte & Touche's Controllership Market Offering helps CFOs, CCOs, controllers, and business unit finance leaders in implementing the latest accounting changes; dealing with complex business issues and capital markets transactions; working to meet financial reporting needs and regulatory and investor expectations.
The Senior Consultant is a member of a team that performs accounting and reporting services for real estate investment vehicles and funds.
Work you'll do
Produce Asset and/or Funds monthly/quarterly financial statement, GAAP adjustments, variance analysis, Asset and debt appraisals
Preparation of audited/non-audited fund financial statements; looking for opportunities to improve the level and content of reporting and communication
Apply and advance your technical accounting knowledge for acquisition/divestiture of properties, assets in development stage, equity method investments, joint ventures, REITs, waterfalls, contributions/distributions
Prepare and record journal entries
Review property level trial balances and financial statements for accuracy and adjustments
Review waterfall structures for joint venture structures
Facilitate coordination of development draws, and due diligence activities for deal flow during the quarter
Review annual property budgets, in coordination with clients and their property managers
Collaborating with all internal and external stakeholders including Fund/entity Auditors and administrators
Developing competency among team members; Provide coaching and development opportunities to staff and lead and evolve training
Responsible for leading day-to-day client and team communications to manage and timely complete activities with a responsive and problem-solving mindset
Working within the team to identify and implement solutions to drive desired outcomes such as deadlines, work product quality, automation, etc.
The successful Senior Consultant will demonstrate the following attributes:
Independent thinker and resourceful problem solver with an ability to exercise mature judgment
Takes ownership and drives toward a successful outcome
Can see the big picture and naturally looks for what other client problems the team can solve
Ability to work independently and in teams to manage multiple task assignments
Strong oral and written communication skills; including presentation, interpersonal communication, and facilitation skills
Brings a genuine approach to day-to-day dealings that includes the highest ethical standard
Acting as a leader in a team environment
Experience of working with teams across multiple geographies
The team: Controllership Financial Reporting team
Deloitte Advisory's Controllership Financial Reporting team can help the organization in meeting their accounting and regulatory requirements. The team provides an extensive range of financial accounting and reporting services with a comprehensive industry-focused approach like quarterly and annual financial reporting, statutory and regulatory reporting including policy, production, SOX compliance and support, legal entity reporting preparation and filing, annual budgeting etc.
Bachelor's Degree in Finance /Accounting
3+ years of relevant experience with GAAP/statutory reporting in the real estate industry (REIT structures, real estate advisor, real estate funds)
Proficiency in MS office including Excel, PowerPoint, Teams and Word
Experience of working on various packages such as Yardi, ARC, Geneva, Investran, or similar
Master's degree in Finance or Accounting
Active CPA License
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.