Portfolio Accountant - Development

Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 39 years. Headquartered in New York, the firm has offices in major markets throughout the U.S. and Europe. With over $59 billion in total assets under management, Clarion Partners offers a broad range of both equity and debt real estate strategies across the risk/return spectrum to its more than 500 domestic and international institutional investors. More information is available at .

Position Description:

Portfolio Accountant-Development will perform financial, accounting and reporting functions for an open-end core fund development operations. Responsibilities include:

Development Tasks

• Share responsibility for development accounting

• Review monthly development financial reports and provide feedback to development partners.

• Assist with the onboarding of new development partners and projects.

• Set up approved budgets into MRI for all new constructions

• Review and fund monthly construction draws for buildings under construction and 1st generation tenant improvements and commissions

• Handle change orders within MRI and monthly draw packages.

• Provide support to construction manager and asset mangers on construction related accounting tasks.

• Track all development loans, both internal and external.

• Assist with calculating and booking interest on all development loans.

• Code and process payments for construction invoices and wires.

• Review monthly bank reconciliations from development partners.

• Special projects, as required

Corporate Tasks

• Prepare monthly bank reconciliations for about 30 corporate accounts

This is an excellent opportunity for an ambitious individual to join the finance team of this account.

Job Requirements:

• 2- 4 Years minimum experience

• Real estate accounting background preferred

• Development accounting background preferred

• CPA certification (or close to completion)

• Bachelor’s degree in accounting or business

• Microsoft Excel required with knowledge of MRI or comparable system a plus

• Highly motivated self-starter who must be able to meet tight reporting deadlines

• Excellent analytical skills with ability to independently solve problems

• Strong verbal and written communication skills

• Excellent interpersonal skills