Job Title: Manager, Investment Accounting

Overview:

REIT is looking for an outstanding Investment Accounting Manager to serve as a key member

of the Investment Accounting team to run the day-to-day activities of the group.

This is a hands-on role that will require detail involvement in accounting and in the financial closing

process as well as technical accounting and memo preparation. The Investment Accounting Manager will

maintain the Investment Accounting’s general accounting practices, internal controls and financial

analysis and reporting. He/she will also mentor and provide hands-on training to members of the

accounting team, as well as develop process efficiencies and improvements. The Investment Accounting

Manager will work closely with the SVP Investment Accounting and manage a team of senior accountants

and outsourced staff accountants.

Responsibilities:

 Manage day-to-day accounting matters, month-end close process.

 Review and maintain the Investment Accounting function for a variety of investment types,

including single-loans, preferred equity, operating real estate and digital investments

 Maintain quality and improve processes and timing of monthly close, analytical review of monthly

operating results and accounting workbooks and ensure compliance with SOX

 Manage and own assigned investments to present key financial metrics and operating results

 Develop and review accretion calculations, monthly accruals, monthly and quarterly reporting and

cash projections.

 Collaborate with operations to identify when hold/disposition assumptions have changed and

accretion adjustments are required

 Prepare and facilitate asset acquisitions, asset valuations, purchase price allocations and

dispositions

 Review and understand deal documents, including partnership agreements, joint venture

operating agreements and loan agreements

 Review and monitor consolidation/elimination entries are complete and accurate

 Prepare supporting schedules and compile information for SEC reporting; assist with 10-K/10-Q

tie out

 Review and monitor contribution, distribution, and loan draw

 Mentor and train the Investment Accounting Senior and Staff, including the development and

maintenance of accounting procedures manual

 Assist with integration of newly acquired company to CLNY accounting process and systems

 Maintain and update the preparation of the company’s annual budget, monitor operating results

and update forecasts; provide ad hoc reporting to management

 Coordinate with internal and external auditors

Qualifications:

 5 years of progressive accounting experience with minimum 2 year in public accounting

 CPA preferred

 Real estate/REIT or financial services industry experience strongly preferred. Experience in

investment management or private equity environment is desirable

 Intermediate understanding of financial modeling and concepts, including yields, DCF, cap rates,

IRRs, etc.

 Proficiency in MS Office