Portfolio Accountant

The RMR Group
Remote in Newton, MA Full Time
POSTED ON 7/7/2022 CLOSED ON 8/9/2022

What are the responsibilities and job description for the Portfolio Accountant position at The RMR Group?

Overview:
The Portfolio Accountant performs accounting and support functions for the corporate accounting group. This position requires close coordination with various executives, as well as cross functional groups: Payroll, property accounting, accounts payable, cash management and external reporting.
Responsibilities:
  • Assist with responsibilities of month-end close processes, including the preparation of various consolidated financial statements and analysis of financial results for to be used in the preparation of public filings.
  • Specific monthly responsibilities include, but are not limited to:
    • Monthly bank reconciliations.
    • Propose and post monthly journal entries.
    • Assist in calculating and posting monthly interest income and amortization of deferred fees.
    • Compile and enter financial data from third parties into general ledger.
    • Assist in the consolidation of financials statements.
    • Assist in the preparation of support for financial statement disclosures for external filings.
    • Assist in the preparation of variance analysis and quarterly reporting packages.
  • Ensure financial records for various entities are maintained in compliance with U.S. GAAP.
  • Assist in budgeting and cash forecasting needs.
  • Assist Senior Manager with ad-hoc projects as needed.
  • Assist with all compliance related matters including, quarterly reviews and year-end audit support.
Qualifications:
  • Bachelor’s degree in accounting and a strong record of success in academic and work environments. Minimum GPA 3.0.
  • 1-3 years of accounting experience; public accounting experience and CPA or CPA candidate (preferred).
  • Proficient with Microsoft Excel, Word, PowerPoint, Access and Yardi General Ledger (preferred).
  • Demonstrate knowledge of accounting practices and procedures with ability to research and recommend appropriate treatments.
  • Experience in general ledger and loan accounting a plus.
  • Highly organized and able to handle multiple deliverables at one time.
  • Position requires ability to have strong attention to detail, and ability to effectively communicate with business partners and management as to accounting related matters.
  • RMR considers the safety of its employees a top priority. As part of this commitment, RMR requires all new employees to be fully vaccinated against COVID-19, unless they obtain prior approval for an accommodation for medical reasons or due to a sincerely held religious belief or are exempt from this requirement under applicable state or local law. Qualified candidates who are offered the opportunity to join RMR will be required to provide proof of vaccination prior to the first day of work. Applicants who need additional information concerning RMR’s vaccination policy should contact Diane Proctor, Vice President, Human Resources at DProctor@rmrgroup.com.
Company Overview:
The RMR Group (Nasdaq: RMR) is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is supported by nearly 600 real estate professionals in over 30 offices nationwide who manage over $33 billion in assets under management and leverage 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of direct real estate strategies across its clients.

RMR’s mission is to create long term value for our clients by managing their investments and assets “like we own it” – an approach that consistently and repeatedly generates opportunities for all our employees, investors and stakeholders. We are guided by six core values:
  • Integrity at Our Core.
  • Perform Passionately and Effectively.
  • Inspired Thinking.
  • Like We Own It.
  • Power of We.
  • Mutual Respect.


RMR has been rated a Top Place to Work by The Boston Globe and GlobeSt.com, and has been recognized by the U.S. Environmental Protection Agency (EPA), the Building Owners and Managers Association (BOMA) International and the Institute of Real Estate Management (IREM), among others (listed here), as a CRE industry leader.

Visit our website to learn more about what makes The RMR Group a rewarding place to build a career.

Follow RMR on LinkedIn and on Twitter @The_RMR_Group.

The RMR Group is an equal opportunity employer. Qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. For our EEO Policy Statement, please
click here. If you’d like more information on your EEO rights under the law, please click here.

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