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Salary
$79k – $159k per year (Estimated)
Location
In office (Charleston)
Seniority
Senior
Employment
Full-Time
Overview
Company
Impact
Profile match
Headquartered in Charleston, South Carolina, Greystar is a global real estate firm specializing in investment management, property development, and property management services. The company offers end-to-end residential solutions spanning multi-family housing, student accommodations, senior living, and build-to-rent communities. As the largest operator of rental housing in the United States with a broad international footprint, it manages hundreds of billions of dollars in real estate assets worldwide.

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 $350 billion of real estate in more than 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 over one million units/beds globally. Across its platforms, Greystar has nearly $79 billion of assets under management, including over $34 billion of development assets and over $36.5 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

The Greystar accounting function supports all parent company partnership accounting, including C-Suite income statement and balance sheet reporting. Given parent company interaction with all subsidiaries, this role includes insights and involvement with various parts of our growing and dynamic business. This role executes the accounting function for these areas, which includes legal entity accounting, financial reporting, balance sheet governance, cash management, audit and other controls. This role applies generally accepted accounting principles (GAAP) to analyze financial information, reconcile financial statements, prepare general and standard journal entries, and prepare standard accounting and financial reports for management

JOB DESCRIPTION

Job Responsibilities:

  • Compiles and analyzes 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.
  • Oversees income statement variance analysis for various Greystar legal entities by monitoring and analyzing monthly operating results and providing variance commentary on period-over-period and prior-year fluctuations.
  • Reviews legal entity, revenue, expense, invoices and other accounting documents and researches and resolves discrepancies as necessary. Approves and authorizes exceptions to bank reconciliations and wire transfers for deposit, supporting balance sheet governance and ensuring accuracy.
  • Follows accounting control procedures by performing balance sheet account reconciliations and substantiation, reviewing account balances for accuracy and completeness, and ensuring supporting documentation is maintained in accordance with corporate policy.
  • Acts as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner.
  • Establishes annual goals and objectives, establishes workflows for effective and efficient completion of tasks, and implements process and procedural improvements to streamline work, increase productivity, and maintain service and quality excellence.
  • Completes various financial, accounting, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.

Organizational Responsibilities:

  • Follows established policies and procedures by monitoring and ensuring compliance with regulatory requirements, organizational standards, and operational processes related to area(s) of responsibility and reporting violations or infractions to appropriate individual(s).
  • Identifies opportunities and areas for improvement, and offers suggestions and/or implements procedures, processes, or tools that improve efficiency and productivity.
  • Keeps up-to-date on current changes in technology, processes, and standards within the industry and area(s) of responsibility by attending internal and external training programs, researching and/or subscribing to the internet or other professional publications, and utilizing other appropriate method(s) to obtain business and professional information, and applies knowledge and practices to area(s) of responsibility.

Physical Demands:

  • Incumbents must be able to view computer screens, mobile devices and other electronic equipment, paper reports, and journals for extended periods of time where visual strain may result.
  • Occasional travel may be required to participate in business meetings, attend training programs, or other situations necessary for the accomplishment of some or all of the daily responsibilities of this position.

Knowledge, Skills, Abilities:

  • Demonstrated ability to write and communicate effectively to prepare and explain financial data to business leaders and managers, team members, clients, internal and external auditors, and other business contacts.
  • Demonstrated proficiency in word processing, spreadsheet, database management, and corporate accounting and job cost accounting programs in order to complete required reports. Oracle experience preferred.
  • Demonstrated professional skills sufficient to handle sensitive information and interaction with business leadership.
  • Employment history that demonstrates the application and usage of an accounting and financial background sufficient to analyze financial data and prepare financial reports in accordance with accounting, finance, legal entity accounting, and cost control principles.
  • A combination of education, training, and experience that demonstrates the application and usage of generally accepted accounting principles (GAAP).
  • College degree in accounting, finance, or business is preferred.
  • Oracle experience preferred.
  • CPA Designation preferred.

Additional Compensation:

Many factors go into determining employee pay within the posted range including business requirements, prior experience, current skills and geographical location.

  • Corporate Positions: In addition to the base salary, this role may be eligible to participate in a quarterly or annual bonus program based on individual and company performance.
  • Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

  • Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.
  • Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 11 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.
  • For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.
  • 6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).
  • 401(k) with Company Match up to 6% of pay after 6 months of service.
  • Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).
  • Employee Assistance Program.
  • Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.
  • Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

Greystar is an equal opportunity employer and does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, genetic information, military or veteran status, or any other characteristic protected by applicable law.

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 [email protected].

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