Accounting Manager – Portfolio Accounting

MCB Real Estate (“MCB”) is a privately held, fully integrated national real estate development and investment company based in Baltimore, MD.  As a vertically integrated company with internal development, construction, and commercial property management divisions, MCB is involved in all facets of the real estate investment cycle. MCB manages approximately $3bn of real estate assets on behalf of its primarily institutional investment base.

MCB provides equal employment opportunities to all employees and applicants for employment and prohibits unlawful 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, or any other characteristic protected by federal, state or local laws.

Additionally, we are committed to fostering, cultivating, and preserving a culture of diversity, equity and inclusion. We embrace and encourage our employees’ differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique.

This employment practice applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, layoff, termination, recall, transfer, leaves of absence, compensation and training.

All job offers are contingent upon receipt of satisfactory background check reports as allowed by applicable federal and state law based upon required job duties. Background checks may include consumer reports including, but not limited to, federal and state criminal, identity, credit, and driving record.

Unless otherwise stated in the job posting, all posted positions are classified as full-time, regularly reporting in-person to an assigned work location.

JOB Summary – this overview of responsibilities is not an all-inclusive list of job responsibilities and other job-related duties may be added or changed at any time by MCB to support business needs.

This manager accounting role is responsible for the full range of accounting processes and financial reporting for a blended portfolio of multi-tiered Joint Ventures that hold investments in commercial real estate, development, and related investment vehicles. 

JOB ESSENTIAL RESPONSIBILITIES

The following is not an all-inclusive list of job responsibilities; other job-related duties may be added or changed at any time by MCB as the general position responsibilities evolve and to support business needs.

Financial Report Review & Analytics - Review of property reporting, ensuring accuracy, provided by Property Accounting in preparation for consolidation and JV financial reporting. Prepare and communicate AJEs where needed.

General Ledger - Create and post entries, reconciliation, and maintain current supporting schedules for assigned GL’s. Cash posting, monitoring, and bank reconciliations are required.

Month-end and Quarter-end Reporting- Work closely with the Property Accounting and Asset Management Teams to prepare month-end financial reports and quarter-end investor reporting, ensuring accuracy, correct accounting treatments, and adherence to deadlines.

Capital Events Support – Assist Asset Management with the preparation of quarterly distributions, Capital Calls, and waterfall preparation/analytics.

Debt Covenants - Prepare and deliver reports necessary for debt compliance, to include preparing and monitoring certain Guarantor requirements.

Tax & Audit – Assist with annual tax and audit cycle (including preparation of tax and audit workpaper packages).

KNOWLEDGE, EXPERIENCE, SKILLS/ABILITIES

·         BS/ BA Degree from an accredited institution with a Finance & Accounting focus.

·         Minimum of five (5) years’ experience in full cycle commercial real estate accounting.

·         Experience working within an Investor portal environment. AppFolio knowledge preferred.

·         MRI software user proficiency is required. Investment Accounting, system conversions or implementations with knowledge of the Flexibility Toolkit is preferred.

·         Microsoft Office software suite proficiency required, including advanced Excel proficiency.

·         Effective oral and written communication skills; excellent accuracy/proofreading and attention to detail in all work products.

·         Proficiency and consistency with prioritizing workload, multi-tasking, working independently and meeting work deadlines. Flexibility to assist on ad-hoc projects or assignments and utilize critical thinking for problem resolution is needed.

·         Superior Client, Colleague and Customer service is required while maintaining the highest standard of work ethics and trustworthiness.

·         Experience with drafting policy, procedures and workflows.

PHYSICAL REQUIREMNETS:

This position is performed in an office setting with extended periods of sitting and computer/keyboard use; reading documents; spreadsheet calculations; phone and other electronic equipment.  Typing dexterity needed; minimal lifting (<20 lbs.).