Staff / Fund Accountant Ref 8526969624

MIG Real Estate (“MIG”) is a privately-owned real estate investment firm headquartered in Newport Beach, California. MIG owns over $3.4 billion of real estate investments in multifamily, office, hotel, retail, and industrial properties located primarily in the Western U.S. and Sun Belt states. The company’s current investments include more than 6,300 multifamily units, 1,000 hotel rooms and 4.4 million square feet of retail, office, and industrial/flex.

The Company is dedicated to acquiring and repositioning real estate in a way that transforms communities, creatively enhances quality of life and dramatically improves the environments where our customers live, work and play. The company is focused on significant growth through acquisitions, redevelopment and repositioning of assets, continuously creating value with long-term stability throughout all market cycles.

MIG is currently seeking an exceptional individual for our Staff / Fund Accountant position. Working remotely, this key individual will report to the Controller.

PRIMARY JOB TASKS AND RESPONSIBILITIES:

• Review operating properties' monthly financial reporting packages including Cash Flow variance explanations, Balance Sheet, and Balance Sheet support for completeness and accuracy.
• Perform initial review of operating property (industrial, office, retail, apartments, hotels) cash needs and related contribution and distribution request forms. Assume responsibility of forwarding bank transfer/wire confirmations for all properties to appropriate parties.
• Prepare and enter general ledger journal entries and accounts payable including the preparation and management of all source documentation.
• Assist with preparation and review of weekly corporate cash forecasting reports.
• Prepare corporate and fund level annual budgets and rolling forecasts, including summaries and presentation books, as needed.
• Prepare various monthly executive dashboards including portfolio-wide reports such as commercial, multi-family, and hospitality property performance reports using key performance indicators.
• Monitor and ensure all Company debt service loan statements are obtained and distributed to third party managers. Set up debt service wires as needed.
• Work closely with and communicate with executive officers, acquisitions and underwriting teams, asset managers, and finance/accounting team. Also interface with third party management company handling property accounting.
• Oversee, track and process all debt service payments made by wire and ACH debits.
• Prepare ACH authorization forms for newly acquired loans.
• Assist with review of loan draw request packages.
• Assist managing debt service database and loan compliance requirements, including insurance, property tax, and monthly/quarterly/annual reporting and covenant compliance.
• Assist in opening of new bank accounts and prepare bank documents for related online banking access and security. Maintain banking access summaries.
• Assist with monthly asset management fee billings.
• Assist with maintaining the descriptive Chart of Accounts and updating related reports with new accounts.
• Responsibility for fund level accounting activity and entries, including fair value entries.
• Review joint venture investment accounting including recording of contributions, distributions, and profit/loss.
• Assist with preparation of auditor schedules for GAAP and fair value audits.
• Assist with automation of recurring reports and driving efficiency through operational process improvements.
• Lead and contribute to miscellaneous special projects as needed.
• Review of coding and completeness of approvals for A/P.
• Assist supervisors (managers, directors) as needed.

QUALIFICATIONS AND QUALITIES:

• Bachelor’s Degree, preferably with an emphasis in Accounting.
• Three (3) or more years of accounting/finance experience with corporate real estate and/or property management emphasis. Public accounting experience desirable.
• Strong working knowledge of Microsoft Excel, Word, and relevant enterprise accounting software experience (Yardi expertise a strong plus).
• Self-starter and team player with ability to work independently while providing necessary status updates to supervisor(s).
• Proven ability to demonstrate process improvement and scale using technology.
• Excellent interpersonal, communication and organizational skills.
• Strong organization skills and proven ability to meet deadlines.

CORPORATE CULTURE:

• Ethics and integrity are paramount when representing the company.
• Ability to lead with enthusiasm and independence, yet with general framework of direction set forth in a predetermined business strategy.
• Sensitivity to change and ability to quickly adapt in a constantly evolving business.
• Disciplined ability to manage time, stay organized and the desire to learn and excel.
• Ability to think strategically, work well with a wide variety of people and value the importance of teamwork.