Associate Manager, Property Accounting

As a leading financial services and healthcare technology company based on revenue SS&C is headquartered in Windsor Connecticut and has 27000 employees in 35 countries. Some 20000 financial services and healthcare organizations from the worlds largest companies to small and mid-market firms rely on SS&C for expertise scale and technology.

Job Description

Associate Manager Property Accounting

Locations: Dallas TX San Antonio TX Hybrid

Get To Know The Team:

The team is working with financial accounting and reporting of the operations of real estate properties acquired and/or developed through the companys various investment/fund vehicles. This primarily involves review/validation of property GLs maintained by third parties. These may include office multi-family industrial retail hotel and mixed-use properties. This position works closely with the members of the Fund Accounting team that are responsible for the accounting and reporting of the investment entities and fund vehicles that own interests in the real estate properties on which the Investment Accounting team is reporting.

Why You Will Love It Here!

• Flexibility: Hybrid Work Model & a Business Casual Dress Code including jeans
• Your Future: 401k Matching Program Professional Development Reimbursement
• Work/Life Balance: Flexible Personal/Vacation Time Off Sick Leave Paid Holidays
• Your Wellbeing: Medical Dental Vision Employee Assistance Program Parental Leave
• Wide Ranging Perspectives:Committed to Celebrating the Variety of Backgrounds Talents and Experiences of Our Employees
• Training: Hands-On Team-Customized including SS&C University
• Extra Perks: Discounts on fitness clubs travel and more!

What You Will Get To Do:

• Review lease related agreements and ensure that lease related activity adheres to policies and procedures; this includes: TI allowances lease incentives bargain renewal and termination options rent escalations straight-line rent CAM rule set-ups CAM true-ups and reconciliations and assessing the impact of differing move-in and commencement dates.
• Ensure the property level activity is recorded reviewed and approved in a timely manner to meet monthly and quarterly reporting deadlines.
• Record and review acquisition and disposition property transactions as needed including: proration calculations A/R aging review and gain/loss projections.
• Review purchase and sale agreements for accounting impact and ensure the proper recording of the acquisition and disposition entries. Provide all necessary documentation to the team preparing the purchase price allocations (PPAs). Assist the Investment Accounting Manager in the review of such PPAs for accuracy and book adjustments as needed to the original acquisition entry.
• Work with capital markets to record new debt refinancings or payoffs and provide financial information as requested. Calculate and/or review debt covenant tests for property level debt. Ensure required reporting to lenders is done in a timely manner.
• Review oversee and field questions from third party accountants responsible for accounting on investment properties.
• Assist property management with questions related to Yardi accounting processes and USAA Real Estates accounting policies and procedures. Provide guidance coaching and training to third parties including participating in the on-boarding process of new USAA Real Estate third party relationships. This includes assisting in the setup of properties leases/tenants vendors/payables property level bank accounts and other property level needs.
• Ensure the timely reconciliation of WIP accounts and that assets are placed in service as appropriate. This includes reviewing the capitalization policy for proper treatment and assisting in determining the correct in-service dates and useful lives.
• Calculate the property management and construction fee calculations for compliance with property management agreements. Ensure that they are timely processed.
• Act as a point of contact for Asset Management for all accounting related matters on assigned investment properties. Work with the asset management and the fund accounting teams to provide operating cash flow projections to assist in forecasting investment entity/fund capital calls and distributions.
• Assist the tax personnel with preparation of schedules by providing underlying support and/or performing reviews as needed in connection with the timely preparation of federal and state tax returns including franchise taxes personal property taxes and other business taxes.
• Assist the fund accounting team with the preparation of quarterly/annual financial statements including providing details of transactions underlying investment schedules minimum rent disclosures and other documentation and calculations needed for disclosures in accordance with GAAP.
• Act as a point of contact for auditors for all accounting related matters on assigned investment properties
• Demonstrate leadership skills by volunteering for special projects in the department.
• Maintain an understanding and work with the Technical Accounting Team on new technical accounting developments regulatory changes management requirements accounting system updates procedures etc. Assist in the incorporation and implementation of such changes into current company policies and procedures.

What You Will Bring:

• Bachelors degree in Accounting or Finance
• 3 years experience of relevant commercial real estate accounting experience
• Proficient in Microsoft Office
• Excellent verbal and written communication skills
• CPA preferred
• Experience with Yardi

Thank you for your interest in SS&C! To further explore this opportunity please apply through our careers page on the corporate website at explicitly requested or approached by SS&C Technologies Inc. or any of its affiliated companies the company will not accept unsolicited resumes from headhunters recruitment agencies or fee-based recruitment services.

Applications will be accepted on an ongoing basis until the position is filled.

SS&C Technologies is an Equal Employment Opportunity employer and does not discriminate against any applicant for employment or employee on the basis of race color religious creed gender age marital status sexual orientation national origin disability veteran status or any other classification protected by applicable discrimination laws.