Senior Portfolio Accountant (Real Estate)

About the Company

Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S. including acquisitions, asset management, development and property management for our investors. With $5.3B in assets under management, our clients invest through separately managed accounts and commingled funds.

Sagard Real Estate is based in Denver with regional offices in New York City, Charlotte, Los Angeles, San Francisco and Austin metro areas.

This role is performed onsite and located in Denver, Colorado. Hybrid scheduling is available.

For more information, please visit www.sagard.com

 

Attention Recruiters: The position is handled internally and does not require staffing assistance. In the event staffing assistance is needed, an approved staffing agreement will be required before candidates are considered.

 

About the Role

This position will report to the Manager, Portfolio Accounting and will assist with the day-to-day responsibilities for the operations of multiple portfolios, which may include separately managed accounts, open-end structures, and closed-end structures as well as the underlying real estate investments in each structure. The Senior Portfolio Accountant will work closely with the Portfolio Accounting team and other departments to ensure accurate and timely financial reporting, cash management, and compliance. The role requires strong technical accounting skills, attention to detail, and the ability to work collaboratively in a dynamic environment.

Key Job Duties

•    Perform full-cycle accounting duties for assigned portfolios, including closing the books for portfolio entities and ensuring accuracy of journal entries, reconciliations, and consolidations.
•    Prepare and review monthly account reconciliations for balance sheet and income statement accounts; research and resolve discrepancies.
•    Analyze portfolio revenues, expenses, and cash flows; prepare variance analysis and provide insights to management.
•    Facilitate and complete monthly close procedures and ensure timely preparation of financial reporting packages.
•    Prepare quarterly fair value financial statements, footnotes, and internal reporting deliverables; assist with investor reporting.
•    Prepare portfolio-level transactions (e.g., acquisitions, dispositions, debt activity, joint venture activity) and ensure appropriate accounting treatment.
•    Manage capital activity including contributions, distributions, and capital reconciliations.
•    Monitor portfolio cash balances, prepare wire payments, and coordinate transfers to ensure liquidity needs are met.
•    Assist with audits and tax return preparation by providing supporting documentation and coordinating with external auditors and tax preparers.
•    Support the budgeting and reforecasting process, including preparation of supporting schedules and analysis.
•    Assist with quarterly performance calculations and ad hoc investor or internal reporting requests.
•    Collaborate with cross-functional teams (operations, finance, investor relations) and third-party service providers to ensure accuracy and timeliness of reporting.
•    Identify opportunities for process improvement and support implementation of policies, controls, and documentation enhancements.
•    Provide excellent customer service to internal stakeholders and external investors.

Education and Experience Required

• Bachelor’s degree required; accounting/finance majors and CPA preferred
• Minimum of 3 years of accounting experience, experience in real estate investment management or fund accounting strongly preferred.
• Experience with consolidations, financial reporting, and fair value accounting strongly preferred.
• MRI or equivalent enterprise accounting systems experience required.

Knowledge, Skills, and Abilities

• Advanced Excel skills and proficiency with Microsoft Office; MRI accounting software or equivalent experience with enterprise accounting systems
• Excellent communication (written & verbal), organization, problem solving and project management skills Must be a motivated self-starter with strong team leadership skills, high sense of urgency, the aptitude to think independently, and the motivation to work with a team in an entrepreneurial environment
• Excellent interpersonal skills and ability to forge effective working relationships throughout accounting team and organization
• Ability to multi-task, with attention to detail and an ability to work both independently and in a team environment