Floating, Sr. Portfolio Accountant

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

The Floating, Sr. Portfolio Accountant is an advanced-level accounting professional responsible for applying generally accepted accounting principles (GAAP) to analyze financial information, prepare and review journal entries, reconcile financial statements, support budgeting, and generate standard accounting reports for management. This role is more experienced than a traditional Senior Accountant and is designed as a manager‑track position.
A key function of this position is to serve as a floater, stepping into lead or managerial responsibilities when other accounting leads or managers are out on leave or unavailable. This ensures continuity of operations across both general ledger and property accounting functions, including acquisitions, dispositions, capital expenditures, fixed assets, and lease accounting.

JOB DESCRIPTION

KEY RESPONSIBILITIES:

• Serves as a senior floating accountant who can step into lead or manager roles during planned and unplanned absences.
  • Oversees team workflows
  • Reviews and approves other accountants’ work
  • Provides guidance, prioritization, and issue resolution
  • Ensures that deadlines, close activities, and control processes continue uninterrupted
•  Acts as a subject matter expert across multiple accounting areas, providing training, cross-coverage, and support to strengthen department continuity and reduce single points of failure.
• Analyzes and reviews accounting and financial activity related to property acquisitions, dispositions, valuations, and closings. Ensures accurate recording of capital expenditures, fixed assets, construction-in-progress (CIP), and depreciation in accordance with GAAP.
• Prepares and reconciles fixed asset schedules, property-level financial reports, and capital project budgets; monitors expenditures and ensures proper capitalization.
• Supports lease accounting functions, including reconciliation of rent schedules, common area maintenance (CAM) adjustments, and straight-line rent (ASC 842).
• Communicates with on-site and property management teams to support pre-close and close activities, resolve questions related to property operations, and ensure timely reporting for both company and client requirements.
• Compiles and analyzes financial information in preparation for entries into financial statements and accounting reports; prepares and reviews journal entries to the general ledger by verifying calculations, reviewing supporting documentation, and reconciling and balancing figures.
• Reviews budget, revenue, expense, payroll entries, invoices, and other accounting documents; researches and resolves discrepancies to ensure accuracy and compliance.
• Performs bank reconciliations, processes wire transfers, prepares mortgage payments and distributions, and ensures accuracy of cash and debt-related transactions.
• Maintains and coordinates accounting control procedures, including monitoring revenue and expenditure trends and recommending appropriate budget levels to support organizational financial control.

BASIC KNOWLEDGE & QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance, Business, or related field highly preferred.
• Demonstrated experience applying GAAP in accounting and financial reporting roles.
• Prior experience in property, real estate, or fixed asset accounting strongly preferred.
• Experience at a level beyond a Senior Accountant, with readiness to step into lead or managerial duties.
• Strong verbal and written communication skills with the ability to present and explain financial data to senior leaders, property managers, and auditors.
• Proficiency in word processing, spreadsheets, and property management accounting systems (e.