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 over 260 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 more than one million units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including approximately $36 billion of development assets and over $30 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

Please note this role is a 12-month fixed-term contract.

This role is primarily responsible for the application of International Financial Reporting Standards (IFRS) to monitor development accounting (project job costs) and provide the related internal and external reporting. This role will act as a key business partner to the Development, Operational, Property Management and Investment teams, as we acquire, develop and operate new assets.

JOB DESCRIPTION

Key Role Responsibilities

• Business Partners with all the relevant stakeholders on a portfolio of projects, providing financial analysis of key decisions, review of actual costs versus budget and providing the financial perspective on the projects where appropriate.
• Compiles and analyses the financial information in preparation for entry into various financial statements and accounting reports and makes appropriate journal entries for recording in the general ledger by checking calculations, reviewing basis for figures, and balancing and reconciling figures.
• Reviews budgets, invoices, and other accounting documents and researches and resolves discrepancies as necessary.
• Reviews Development and Operational budget variance analysis, partnering with the Development and Operational teams on the preparation, delivery and timeliness of variance commentary.
• Provides direction and guidance on accounting treatment to the Outsourced Accountants at the PropCo and OpCo level ensuring consistency.
• Maintains and reports on project budgets to include compilation of draw packages and necessary approvals, ensures accurate coding of invoices, charging of Management Fees, and submission of payment requests to third party administrators.
• Reviews completeness and accuracy of accounting completed by 3rd party administrators, where applicable.
• Liaises with external partners and lenders, providing additional data and information as requested, and answering questions necessary to facilitate the funding process in a timely manner.
• Provides cost to complete information for input into quarterly desktop valuation and annual 3rd party valuation. Reviews valuation from a financial perspective.
• Reviews bank reconciliations, ensuring accuracy.
• Reviews monthly financial reporting packages for distribution to internal and external stakeholders.
• Reviews monthly/quarterly VAT returns.
• Works alongside the operational finance team to standardise processes and ensure a seamless transition from the development team to operations team when completed assets are transferred.
• Reviews and abstracts development and lender agreements for projects assigned, understanding reporting requirements, deadlines and fee calculations.
• Acts as the first point of contact with external auditors e.g. to explain journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner.
• Builds and maintains effective working relationships with internal and external stakeholders. Responds to questions regarding the projects, provides support, and ensures timely completion of accounting processes for reporting.
• Completes various financial, accounting, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.

Important Notice: Greystar will never request your banking details or other sensitive personal information during the interview process. Greystar does not conduct any interviews via text or messaging, and all communication will come from official Greystar email addresses (@greystar.com). If you receive suspicious requests, please report them immediately to AskHR@greystar.com.