Sr Real Estate Investment Accountant - Nuveen
TIAAAbout the role
The Senior Investment Accountant ensures that investment accounting policies and procedures are correctly applied to financial transactions. Under minimal supervision, this job works directly with asset management, portfolio management and acquisition/disposition teams. This job leads a team to prepare month end closing reports and subsidiary quarterly financial analytics, and reports to senior management ensuring accurate asset evaluations.
Key Responsibilities and Duties
- Prepares timely and accurate GAAP work papers and supporting schedules to satisfy all investment accounting requirements for internal and external audits.
- Reviews financial information for joint ventures to ensure compliance with investment accounting policies and procedures (sales, acquisitions, debt refinancing, REIT restructuring, and financial performance).
- Incorporates frequent ad hoc financial inquiries into the monthly and quarterly reports, adding value by providing management insight into the activities of the underlying properties.
- Calculates unlevered and levered, gross and net portfolio performance returns and property internal rates of return.
- Converts modified cash basis accounting information provided by third party management firms to accrual basis to facilitate preparation of fair value GAAP basis financial statements.
- Provides guidance to junior Investment Accountants regarding issues that require more advanced knowledge and experience.
- University (Degree) Preferred
- 3+ Years Required; 5+ Years Preferred
- Physical Requirements: Sedentary Work
Career Level
7IC
Required Qualifications:
- 3+ years of accounting or audit experience
Preferred Qualifications:
- 5+ years of accounting or audit experience
- University Degree in Accounting
- CPA Certification
- Real Estate Accounting or Investment Accounting experience
- Strong knowledge of GAAP
- Experience with MS Office, Excel, Yardi, Adobe, and Workiva
- Experience working in a fast paced and deadline driven environment
- Excellent communication skills both verbal and written
- Excellent technical research
- Experience interacting with external auditors
#LI-KD2
Related SkillsAccountability, Accounting Standards, Client Relationship Management, Collaboration, Commercial Acumen, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, Story TellingAnticipated Posting End Date:
2024-07-10Base Pay Range: $71,500/yr. - $137,000/yr.Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
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Company Overview
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information about the firm please visit our website at www.Nuveen.com
Benefits and Total Rewards
The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program a
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