VP, Portfolio Accounting & Reporting

Chicago, IL, United States

Waterton Corporate Office

222 S Riverside Plz

Chicago, IL 60606, USA

Waterton Corporate Office

222 S Riverside Plz

Chicago, IL 60606, USA

Waterton has grown from very humble beginnings with one phone and two desks to the successful, nationally recognized real estate investment and management firm it is today. As Waterton has evolved and grown, one thing has remained constant - the drive to achieve results by exceeding expectations.For 25 years Waterton remains passionate aboutdelivering an incredible Resident Experience, which we believe is made possible by offering an extraordinary experience for our talented associates. We value performance that delivers experiences that exceed expectations, coupled with an unwavering commitment to Investor, Guest, and Resident service excellence. Overall we are a collection of people who strive daily to “find the good and leave it better”.

Job Summary

The VP, Portfolio Accounting & Reporting will oversee multiple portfolios, ensuring accurate financial reporting, compliance with regulatory requirements, and effective management of financial risks. This role involves strategic planning, leadership, and hand-on management to support the company’s growth and financial health.

Responsible for overseeing all aspects of managing the team including recruitment, selection, hiring, orientation, training and development, performance management and coaching in accordance with company policy and procedure.

Provides strategic direction for the portfolio accounting function, and leads, mentors and develops a team of accounting professionals.

Collaborates with senior leaders to support strategic initiatives and business planning.

Responsible for the review of financial information for multiple commingled funds and/or joint ventures (JVs) and oversees the accounting for those funds or JVs. This includes periodic close process, financial statements and footnotes, capital account statements, performance returns (IRRs and TWRs) and other quarterly reporting to investors and their consultants.

Ensures compliance of all reporting with all relevant accounting and standards (GAAP and/or NCREIF-PREA) and regulatory requirements.

Review and make final recommendations for capital calls and distributions for the relevant funds and JVs.

Provides oversight of investment acquisition, disposition, and refinancing transactions

Liaise with internal and external parties to optimally structure transactions and/or vehicles.

Coordinates and oversees execution of audit and tax return processes, acting as liaison with external parties.

Implements and monitors internal controls to safeguard assets and ensure accurate financial reporting.

Documents and updates policies, procedures and internal controls.

Monitors and assists in maintenance of any systems involved in the financial and performance reporting process.

What You’ll Bring- Desired Skills and Experience

Bachelor's degree in accounting or related field; CPA required.

8-10 years accounting experience, with at least 5 years of supervisory management experience.

Knowledge on GAAP, familiarity with US tax, and strong financial reporting and technical accounting skills including exposure to corporate entities, real estate, real estate joint ventures, and fund investments.

Proficient with Microsoft Office; Advanced skill set with general ledger software.

Interpersonal Communication - Connects with people quickly in an outgoing, friendly manner; uses friendly, persuasive communication skills to gain the interest and involvement of others in the work process; projects enthusiasm and is a responsive and strong team leader.

Organizational Support – Recognizes and adjusts to change; maintains control of overall agenda but includes others in a task-focused manner; creates a disciplined process.

Ethical Behavior – Careful, detail-oriented; by the book; completes work in accordance with company standards and federal/state regulations; makes decisions carefully and cautiously within the guidelines of established company policy.

Efficiency – Possesses an extreme sense of urgency; completes work with accurate detail and in accordance with company standards and policies; motivated by a strong sense of duty and responsibility for completing work quickly and correctly.

Collaborative - Involves the team throughout the whole work process; promotes team participation; ability to train, teach and motivate a team.

How we will recognize and reward you:

At Waterton, we recognize that compensation and benefits are important not only to our associates but to their families as well. We offer a wide variety of rewards to meet everyone’s needs including:

Competitive compensation and incentive program participation

Full suite of benefits, including Medical, Dental, Life, Disability, and even pet insurance

401k + math

Generous paid time off, volunteer time off, and paid holidays

A commitment to life-long learning through learning plans that include internal and external trainings, as well as consideration for tuition reimbursement.

Employee discounts and wellness initiatives, like an onsite gym.

Hybrid work environment (based on business or position needs)

Waterton welcomes all.

Waterton is an equal opportunity employer.Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.

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