Manager, Investment Accounting - Real Estate - TIAA-CREF (Charlotte, NC) in Charlotte, North Carolina For Sale

Title: Manager, Investment Accounting - Real Estate Location: NC-Charlotte Other Locations: Scope & Knowledge: Participates with other functional senior managers to translate strategic plans and goals for Asset Management, and in particular domestic real estate investments and operations, into tactical plans and objectives for setting priorities. Makes final decisions on administrative and operational matters and ensures operations objectives are effectively achieved. Provides input into strategy setting and policy development impacting organization-wide issues. Sets direction for strategies and plans based on corporate goals and objectives. Ensures the proper accounting, reporting and operations for all domestic real estate investment transactions. Maintains a sound internal control environment in compliance with the Sarbanes-Oxley Act (SOX) transaction processing to ensure accurate and timely accounting and financial reporting. Reviews and approves final audited financial statements. Job Complexity: Oversees financial accounting, reporting and operational activities for complex domestic real estate investments. Ensures that investments and transactions, income and accruals, expenses, etc. are recorded in an accurate and timely manner. Provides feedback and updates to the executive management team regarding all accounting activities (purchases and sales of properties, accounting for transactions). Ensures quarterly and annual financial reporting requirements are completed accurately and timely in accordance with regulations and/or internal guidelines. Prepares and reviews periodic reports and analytical review schedules, including presentation to senior management. Develops oversight reports for senior management. Interacts and collaborates with the Tax Department to determine the tax treatment of invested asset transactions. Participates in discussions regarding purchases and dispositions of assets and complex transactions. Responsible for of the day-to-day operations activity, accounting close activity and the preparation of monthly reports and financial schedules for majority owned and wholly owned subsidiaries including review of financial information provided by property managers and administrators on a monthly and quarterly basis. Manages adherence to control process in order to provide certification on internal controls as required by SOX. Develops processes that result in efficiencies, cost savings, and provide added value to the organization. Reviews and approves information prepared for external and internal audits. Interaction: Regularly interacts with executive management, peers, and internal and external auditors. Interactions frequently involve special skills such as negotiating with external auditors or attempting to influence senior level leaders regarding matters of significance to the organization such as the compliance with a new regulatory statute. Manages multiple teams, delivering more than one service. Leads projects and makes decisions that have high impact to the organization. Negotiates persuasively, while managing different stages in the negotiation. Creates networks with key contacts outside own area of expertise. Oversight/Freedom to Act: Manages, through subordinates, the overall activities of the functional area. Ensures that adequate staff and other resources are trained, available and assigned to meet operating objectives. Recommends and implements changes to methods of performing work. Provides input to policy to manage risk and exposure for the company. Conducts interviews and oversees direct reports and their staff indirectly. Oversees recommendations regarding hiring, promotion, salary, termination, etc., for direct reports and their staff. Completes and delivers performance appraisals and development plans for direct reports during the annual and interim performance evaluations process. Periodically reviews and assesses overall performance, staffing and development needs of the group. Erroneous decisions will have a material impact on the overall success of the organization''s operations which may result in economic loss, substantial fines and regulatory investigation. . 10 years of accounting work experience, with a minimum of 5 years of experience specific to accounting for complex real estate asset investments. . Thorough knowledge of GAAP required, experience with Insurance Statutory accounting a plus. . Bachelor''s degree in Accounting, Finance or related discipline required. . CPA/MBA a plus. . Knowledge of Yardi a plus. . Experience in financial services accounting functions, including proven track record for managing complex projects. . Exceptional leadership, communication and writing skills . Exceptional presentation skills . Prior management experience required.
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