Accounting Manager

Launched nearly 17 years ago, Foundry Commercial was created to be a different kind of real estate company. Our motto – “It’s Personal” – rings true in everything we do… we value authentic human experiences. At Foundry Commercial, there is a strong sense of community. From wellness fairs to ugly Christmas sweater parties to company fundraisers, Foundry associates lean in to support one other and the causes that are important to us. We bring a sense of teamwork, collegiality, and diversity to all that we do. At the heart of it all is trust and respect. These two things drive everything else. We have built a place where people truly know each other, celebrate together, learn together, and live life alongside each other.

At Foundry, we serve our clients best by attracting and unleashing the most talented and courageous professionals in industry, all while having fun and building a lasting impact on the broader community. Don’t just take our word for it. The best way to experience our culture is to immerse yourself in it. But be prepared – it’s contagious!

The Accounting Manager will be responsible for the oversight of the internal and external communication with our investment partners, lenders, and company investors, as well as maintenance of general ledgers and financials reports for joint venture and special purpose entities related to commercial real estate assets in which Foundry has an equity investment. This position will support the Development & Investments Team and related reporting and accounting for intercompany transactions and capital flows. We are looking for a professional individual with the ability to perform independently as well as part of a team.

Essential Job Functions:

• Oversee the daily and monthly activities related to investors, investment funds, and investments in real estate assets.
• Prepare capital allocation schedules (e.g., capital calls and distributions) for all partners and funds
• Oversee consolidation entries, Verify the company’s equity in earnings, and record minority interest positions in our investment subsidiaries.
• Oversee documenting internal controls and accounting policies and procedures with regards to Fund accounting and Investor Relations
• Maintain Platform investment tracking tools, including the investor portal
• Manage the Fund accounting team, providing effective guidance, motivation, and management on a daily basis.
• Assist with company cash flow projections and valuations updates
• Track and Ensure Loan and Lender Compliance for all Investments
• Oversee Year End Audits for Funds
• Support tax department
• Special projects as needed

Education and Experience Requested:

• Bachelor’s Degree in Accounting/Finance required
• Must have 7+ years of previous progressive accounting experience, including oversight of a team
• People Management – Proven ability to manage people successfully
• Yardi Experience + Investor Manager Elevate preferred but not required
• Juniper Square Experience preferred but not required
• Must be well organized, detail oriented, have good writing and other communication skills
• The ability to prioritize projects, workflows and schedules and manage multiple projects simultaneously
• Ability to interpret the legal documentation as it applies to maintaining partner capital accounts
• CPA preferred

Foundry Commercial is an Equal Opportunity Employer

Foundry Commercial is an equal opportunity employer and makes employment decisions on the basis of merit. We want to have the best available person in every job. It is the policy of Foundry Commercial to grant equal employment opportunities to all qualified persons without regard to race, color, creed, sex, religion, age, national origin, marital status, sexual orientation, citizenship, physical or mental disability that does not prohibit performance of essential job functions, veteran's status, or any other conditions or identifications against which discrimination is prohibited.