Property Accountant, Legal Entity Group
About Us
Avenue One is a service platform and marketplace that enables investors to access single-family rental residential assets by connecting an ecosystem of local partners to institutional capital. We are in the business of partnerships—finding, vetting, and empowering local experts nationwide to broker, find, buy, renovate, lease, manage, and sell properties on behalf of our clients.
We coordinate the efforts of our partners through a proprietary technology stack. This system takes in huge amounts of data at national and local levels, which, combined with information about each individual property, gives us and our partners a competitive advantage in pricing, speed, and scale. The technology is constantly evolving to remain best-in-class, but it will only be as good as our team that drives it, which is where you come in.
Avenue One provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, familial status, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Location
- Remote position based anywhere in the U.S., with the expectation that the candidate will primarily work ET hours. If located in New York, the position will be a hybrid remote/in-office
- Occasional trips to New York headquarters or other locations for company events or meetings
Experience / Qualifications
- Bachelor’s Degree in Accounting or equivalent field of study
- 3+ years of financial accounting experience. Experience in real estate and property management accounting is a plus.
- Proficient in Microsoft Suite and Google Workspace
- Experience with NetSuite a plus
- Self-driven, organized, and able to manage multiple tasks simultaneously
- CPA is a plus but not required
Job Description
The Legal Entity Controllers group is responsible for all aspects of client reporting. The Group oversees GAAP and cash basis accounting and is the backbone of our internal controls over financial reporting. This is an exciting opportunity to grow with the firm and help build a critical business function. The ideal candidate is detail-oriented, motivated, proactive, autonomous, and unafraid to get their hands dirty building infrastructure from concept to creation. Core responsibilities include:
Job Description
- Prepare and record Acquisition/Disposition journal entries
- Quarterly Client Entity Level Reporting (GAAP Financial Reporting)
- Monthly/ quarterly accrual journal entries for Real Estate Taxes, Insurance, Fees, and other items as needed
- Bad Debt analysis and corresponding entries
- Monthly cash reconciliations
- Monthly Debt review/recording of waterfall amounts
- Reconciliation and tracking of intercompany transactions
- Review of all other balance sheet account balances
- Property Management Review/Audit/Oversite
- Compliance and Tax Reporting
- Strong problem-solving and decision-making skills
- Passion for real estate and a strong desire to learn
- Other Ad-hoc projects as assigned
- Maintain accurate records and prepare reports
- Resolve issues and answer payroll-related questions
Salary Range
The base pay range for this role is estimated to be $85,000 - $115,000 at the time of posting. Final compensation will be determined by various factors such as work location, education, experience, knowledge, and skills.
Compensation / Benefits
- Competitive compensation
- Company-paid medical, vision, dental, and wellness benefits for employees and dependents
- Company-provided home office equipment
- Flexible vacation and sick days
- Team-oriented and supportive working environment
- Company-sponsored events and swag