Director, Property Accountant | Real Estate Solutions | Corporate Finance & Restructuring

Who We Are

FTI Consulting is the world's leading expert-driven consulting firm. Over the last 40 years, FTI Consulting experts have served as the trusted advisor to Fortune 500 companies and the world's leading law and private equity firms when they are facing their greatest opportunities and challenges. Our strong performance and continued success are a direct reflection of the ambition, energy, and commitment of our talented professionals across the globe to make a positive impact for our clients and communities.

At FTI Consulting, you'll be inspired and empowered to make an impact on headline matters that change history. Working side by side with the world's leading experts in your field, you'll be surrounded by an open collaborative culture that embraces diversity, recognition, professional development and most importantly, you.

There's never been a more exciting time to join FTI Consulting and this is where you will do the most exciting and fulfilling work of your career.

Are you ready to make an impact?

About the Role

We focus on our clients' strategic, operational, financial and capital needs by addressing the full spectrum of financial and transactional challenges faced by corporations, boards, private equity sponsors, creditor constituencies and other stakeholders.

FTI Real Estate Solutions has a singular focus on the real estate and finance industry and the capital markets that serve it. Our services are designed to create integrated financial, tax and real estate solutions for clients having underlying value in real estate operations and assets. We provide an unsurpassed range of real estate advisory services including merger and acquisitions, due diligence, valuation, lease consulting, forensic accounting, financial outsourcing, IPO preparation, real estate and REIT tax structuring and compliance, executive compensation, master planning and development services, cost segregation and private client services. We represent leading public and private real estate entities including equity and mortgage REITs, financial institutions, investment banks, opportunity funds, insurance companies, hedge funds, pension advisors and owners/developers.

What You'll Do

We provide outsourced accounting services to both public and private companies, including REITs, mortgage finance companies, real estate private equity funds, developers and operators. The Director is responsible for overseeing property accounting services to a range of clients and managing multiple property accounting teams - at both FTI and at clients. The position will ensure that real estate funds and real estate fund managers are provided with accurate and timely property accounting services.

Accounting & Reporting

• Oversee the timely and accurate preparation of monthly property accounting financial reporting (including monthly financial statements, NCREIF & MSCI reporting and compliance, as applicable).
• Ensure property financial reporting and associated transactions comply with relevant accounting standards
• Prepare and/or review property analytical reports and client executive summaries
• Serve as primary escalation contact for Client Property Management and Asset Management departments surrounding property accounting matters.
• Review monthly property reporting for accuracy and ensure it is in compliance with required FTI and client accounting department property policies and procedures.
• Provide supervisory guidance to property staff including daily, monthly, and annual tasks.
• Participate in the preparation of annual budget and re-forecasting processes for client assets.
• Support closing statements for acquisition or disposition of properties.
• Support confirmation that all related tax work for properties are prepared, reviewed, and given to the third-party tax preparer on a timely basis.
• Oversee and manage cash management, banking, and transaction services for specific clients
• Create and deliver training materials and content
• Identify, document and implement process improvement initiatives
• Potential exposure or assistance to ad hoc or special accounting projects such as implementation of accounting software, transaction or business process review, and other financial reporting and asset management reporting assistance

Operations

• Support investment acquisition and disposition activities
• Review procedures and recommend solutions in order to improve efficiencies
• Participate in client meetings and trainings as required.
• Ensure adherence to client's internal and external audit standards
• Coordinate, manage and monitor client's external audit process
• Liaise with clients and assist them on accounting and administrative issues and relevant developments
• Provide technical accounting/industry knowledge to clients

Team Management

• Monitor and track team performance in order to meet the client service level agreements and achieve financial targets, including how resources are allocated to various properties
• Plan resources in line with business demands, participate in the recruitment and selection process, lead, coach, develop and appraise employees within the team
• Establish plan for new client setup and transitions
• Keep Senior Management abreast of all material issues affecting the processing of deliverables
• Ad Hoc Reports requests and operations metrics as required by management
• Support training initiatives

How You'll Grow

We are committed to investing and supporting you in your professional development and we have developed a range of programs focused on fostering leadership, growth and development opportunities. We aim to promote continuous learning and individual skills development through on-the-job learning, self-guided professional development courses and certifications. You'll be assigned a dedicated coach to mentor, guide and support you through regular coaching sessions and serve as an advocate for your professional growth.

As you progress through your career at FTI Consulting, we offer tailored programs for critical professional milestones to ensure you are prepared and empowered to take on your next role.

What You Will Need To Succeed

Basic Qualifications

• Bachelor's or Master's Degree in Accounting or Finance
• 6+ years public/private accounting experience and/or real estate private equity experience
• This role may require travel to clients and FTI offices
• Applicants must be currently authorized to work in the United States on a full-time basis; the employer will not sponsor applicants for work visas

Preferred Qualifications

• Knowledge of property-level accounting
• Strong proficiency in Excel
• Sound knowledge of GAAP and SEC reporting
• Experience with fair value reporting for real estate investments and debt obligations
• Experience in Performance Reporting - NCREIF and GIPS (AIMR)
• Knowledge of Real Estate & Private Equity Funds Accounting
• Strong analytical, problem-solving and organizational skills with attention to detail
• Proficiency in month/quarter/annual closings at the asset/property level for both US GAAP financial statements and preparation of related working papers or analyses
• Ability to understand and communicate ideas clearly and effectively both verbally and in written communications
• Ability to take responsibility for various aspects of projects as well as the ability to suggest improvements and enhancements
• Self-directed and motivated, with a focus on continuous improvement
• Demonstrate a flexible and adaptable work style that can prioritize tasks, work on multiple assignments independently or as part of a team and meet tight deadlines
• CPA strongly preferred

#LI-AH1

Total Wellbeing

Our goal is to support the wellbeing of you and your families-physically, emotionally, and financially. We offer comprehensive benefits such as the following:

• Competitive total compensation, including bonus earning potential
• Full package of benefits plans, including medical, dental, and vision coverage along with life and disability insurance
• Generous paid time off and holidays
• Company matched 401(k) retirement savings plan
• Potential for flexible work arrangements
• Generous paid parental leave with available planning tools, virtual expert coaching services and flex return support.
• Family care benefits, including back-up child/elder care
• Employee wellness platform
• Employee recognition programs
• Paid time off for volunteering in your community
• Corporate matching for charitable donations most important to you
• Make an impact in our communities through company sponsored pro bono work
• Professional development and certification programs
• Free in-office snacks and drinks
• Free smartphone and cellular plan (if applicable)
• FTI Perks & Discounts at retailers and businesses
• Upscale offices close to public transportation

About FTI Consulting

FTI Consulting, Inc. is the leading global expert firm for organizations facing crisis and transformation, with more than 8,300 employees located in 34 countries and territories. Our broad and diverse bench of award-winning experts advise their clients when they are facing their most significant opportunities and challenges. The Company generated $3.49 billion in revenues during fiscal year 2023. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. FTI Consulting is publicly traded on the New York Stock Exchange. For more information, visit www.fticonsulting.com and connect with us on Instagram and LinkedIn.

FTI Consulting is an equal opportunity employer and does not discriminate on the basis of race, color, national origin, ancestry, citizenship status, protected veteran status, religion, physical or mental disability, marital status, sex, sexual orientation, gender identity or expression, age, or any other basis protected by law, ordinance, or regulation.

Compensation Disclosure: Actual compensation is determined based on a wide array of relevant factors including market considerations, business needs, and an individual's location, skills, level of experience, and qualifications.