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Director, Investment Accounting

Charleston, South Carolina ;

The Greystar Corporate Investment Accounting team plays a critical role within Greystar’s corporate accounting organization. This team is responsible for the accounting and financial reporting of Greystar’s investments in multifamily real estate, industrial, and proptech funds across the vertically integrated organization. As a Director, you will lead the team in performing financial reporting, financial analysis, cash management, auditing and cost control systems for the group. This role leads the group in applying generally accepted accounting principles (GAAP) to analyze financial information, reconcile financial statements, prepare general and standard journal entries, assist in budget development, and prepare standard accounting and financial reports for management and investors. This role will evolve as the team continues to proactively meet the needs of a rapidly growing global business. As a key leader within Greystar’s Corporate Accounting group, this role will collaborate cross-functionally across Greystar’s global accounting organization to ensure timely and accurate reporting of Greystar’s investments.

Job Responsibilities:

1. Manages the monthly financial close, including required adjusting entries, reconciliations, and financial analysis of Greystar’s investments. Oversees and approves financial transactions and information in preparation for entry into various financial statements and accounting reports by checking calculations, reviewing basis for figures, balancing and reconciling figures, and making exceptions as necessary.

2. Manages the preparation of Greystar’s investments’ financial statements on a monthly, quarterly, and annual basis in compliance with the applicable GAAP.

3. Oversees management of the day-to-day cash transactions of each investment. This includes but is not limited to daily oversight of bank accounts, entering transactions into Oracle on a timely basis, managing the intercompany bill-backs and accounts payable process, reviewing and approving wire/ACH transactions, and ensuring completion of monthly bank reconciliations.

4. Oversees capital transactions involving or impacting Greystar’s investments. Manages the preparation and submission of contribution and distribution packets prepared by the team and required notifications and reporting to investors.

5. Understands the underlying agreements of each venture and relevant organizational charts. Works to become familiar with the specific sections that are relevant to better understand the overall structure, including but not limited to: partnership expenses, fees, commitments, capital calls and distributions, and financial reporting requirements. Works to build relationships with other stakeholders, both internally and externally, to ensure this accounting function is meeting the needs of all parties.

6. For investment acquisitions and dispositions, communicate with all relevant internal and external stakeholders to ensure that documentation is in order, initial or closing allocations are agreed, Oracle setup is timely, and opening or closing entries are recorded accurately.

7. Ensures customer satisfaction by managing the timely completion and distribution of financial reports to clients and key business leaders, assisting in resolving discrepancies and variances in actuals-to- budget, and responding to requests, questions, and issues related to the ongoing financial performance of Greystar’s investments from internal management, external investors and others.

8. Contributes to the annual business planning and budgeting process by managing historic and predictive financial data, as well as managing budget and financial models.

9. Acts as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner.

10. Supervises accounting team by interviewing, hiring, orienting, and training team members, and manages their performance in accordance with Company policies, values, and business practices.

11. Establishes annual goals and objectives for the accounting team, establishes workflows for effective and efficient completion of tasks, and implements process and procedural improvements to streamline work, increase productivity, and maintain service and quality excellence.

12. Completes various financial, accounting, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.



Ideally, this role will sit in Charleston, SC. However, there is flexibility for this role to sit Remotely for the right candidate.

Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary.  Once eligible,  team members may participate in the 401k plan.  Regular, full-time team members are also offered a  range of medical, financial, and/or other benefits from which to choose.

Greystar will consider for employment qualified applicants with arrest and conviction records.

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