Internal Audit Associate

ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in more than 265 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $35 billion of development assets and over $36.5 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

Performs financial and operating audits of Greystar managed assets to ensure compliance with financial and operating policies, governance, and internal controls, and to identify and address incidents of fraud or misconduct. Prepares documentation of and communicates audit findings to real estate leaders and recommends actions to correct issues and mitigate risk. Conducts investigations into possible or suspected fraud or non-compliance and works with appropriate business leaders to implement appropriate resolutions.

JOB DESCRIPTION

• Plans and conducts internal financial and operating audits of Greystar managed communities to ensure compliance with governance and internal controls and completes detailed analysis and reports that communicate audit findings and recommendations for correcting and addressing identified concerns and issues.
• Provides input into developing the internal audit processes and procedures documentation, and other tools and practices to ensure objective and thorough audits and investigations, and reviews audit results to identify and propose improvements to the process, tools, practices, and documentation.
• Conducts investigations as assigned into alleged non-compliance, misconduct, and fraud situations, documents and communicates findings and recommendations for correcting and addressing non-compliance, and follows up to ensure appropriate actions were implemented.
• Conducts management training and education on fraud detection, prevention, and risk mitigations, and acts as a point of contact and consultant to real estate leadership to achieve full compliance with operating and financial policies and procedures.
• Accesses and monitors the technologies, systems, and other vehicles established and used by team members for reporting incidents of possible fraud and misconduct, conducts investigations as appropriate and coordinates with appropriate business leaders to develop and implement actions to address and correct non-compliance.
• Coordinates and communicates with internal business groups and departments as needed to accomplish internal audit work and assignments, and assists in updating or adding policies, procedures, and practices as needed.
• Generates and analyzes audit reports and findings to identify opportunities for improving financial practices and reduce risk, and works with real estate and other business leaders to implement strategies and programs that improve operating results.

Knowledge, Skills, Abilities:

• Strong verbal and written communication skills with the ability to write concise, objective, and compelling reports, summaries, analyses, and other business documents to team members in various positions and levels.
• Proficiency in using Microsoft Office Suite, property management software utilized by Greystar, and database management programs and other technologies used for performing financial transactions and reporting.
• Strong command of financial management and accounting practices within the property management industry including experience in and knowledge of GAAP and IFRS. Familiarity with SOX and SEC reporting requirements is preferred.
• Ability to maintain confidentiality of information and findings, establish credibility with key business leaders and real estate operators, and demonstrate tact, diplomacy, and discretion when interacting with others.
• Excellent research skills and ability to effectively maintain objectivity when performing audits and reviewing audit results and findings, with a keen attention to detail and ability to analyze situations for root cause.
• Academic credentials/degree in accounting or finance, or equivalent experience, CPA and/or Certified Internal Auditor designation desired and preferred.