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Analyst - Investment Accounting

Asana PartnersCharlotte, North Carolina, United StatesOnsite
This job is no longer open
ApplyDescription
Asana Partners is a real estate investment firm creating value in vibrant neighborhoods by leveraging vertically integrated capabilities and retail expertise. With more than $7 billion of neighborhood retail assets under management, the firm is active in growth markets throughout the United States and is driven to make a positive impact within communities.Our distinctive company culture is the key to our success. We recruit high-performing, ambitious individuals who are entrepreneurial and eager to maximize their potential in a team environment.

We value relationship building – both internally and externally – and view it as the foundation for creating value for our neighborhoods and generating strong results for our investors. Asana Partners is known for our proven, strategic approach; our sophisticated, collaborative team; and our high-quality portfolio. With offices in Charlotte, Atlanta, Boston, Columbia, Denver, and Los Angeles, we were founded to be a firm that would provide career-long opportunities for our people and a long-term partner for our investors.For additional information, visit www.asanapartners.com or follow @asanapartners.The Analyst is an important accounting support position on the Asana Partners team that reports to the Investment Accounting leadership team and works closely with Asset Management, Treasury, and Corporate Accounting.

This is an opportunity to receive the training and experience to build an understanding of basic property accounting and operations of commercial real estate investments. This position is unique in that it provides a direct mentorship opportunity from experienced real estate professionals in a highly visible and inclusive culture. Duties include: 

  • Approve property operations workflow to facilitate payment of invoices and ensure accurate general ledger coding
  • Perform monthly bank reconciliations and gain exposure to technical transactions
  • Ensure timely and accurate monthly accruals for a portfolio of investments and perform related financial analysis, including balance sheet classification
  • Partner with lease administration team to ensure property lease set up and assist with budget to actual variance commentary on rental income
  • Partner with the Asset Management and Property Management teams to review accounts receivable detail and to ensure all income is billed in accordance with lease terms along with gaining exposure to percentage rent, and annual reconciliations of recovery items
  • Partner with the Investment Accounting leadership team and Asset Management team members on the budgeting and reforecasting process for all properties

Requirements

  • Basic understanding of GAAP (fair value accounting preferred)
  • Passion for real estate is a must
  • Excellence in Excel, Word, and PowerPoint
  • Acute attention to detail and passion for quality
  • Ability to meet and manage critical deadlines and to work independently
  • Interested in process improvement and documentation

This job is no longer open

Life at Asana Partners

Offering a broad universe of institutional investors a proven approach to retail real estate, industry veterans Terry Brown, Jason Tompkins, and Sam Judd launched Asana Partners in July 2015. Drawing from the team's deep retail operational and investment background, including more than $15 billion in retail real estate transaction activity over the last 15 years, the company acquires, owns, and operates retail properties in dynamic markets across the United States. Success in this industry requires specialized expertise in both retail real estate operations and capital allocation, commented Terry Brown, Chairman & Chief Executive Officer. With Asana Partners, we see an opportunity for investors to benefit from our track-record of delivering strong results across cyclical economies and evolving consumer preferences. Asana Partners provides institutional investors a fully integrated, platform-based strategy with direct access to retail properties in the fastest growing, most attractive markets in the country. The team's vision and passion for the retail experience is balanced with the financial and analytical rigor necessary to create value. Our disciplined approach to operations, investments, and capital markets is grounded in industry knowledge and financial expertise, President & Chief Operating Officer Jason Tompkins added. We view this integrated operating and investment platform as the future of investment in the retail real estate sector. The three founding partners collectively have over 60 years of industry experience, including more than a decade working together in executive roles at EDENS, one of the leading developers, owners, and operators of shopping centers in the United States. Brown led EDENS as Chairman & Chief Executive Officer, and Tompkins was Chief Financial Officer. Sam Judd, Chief Investment Officer of Asana Partners, most recently was with Sears Holdings as Vice President - Real Estate.
Thrive Here & What We Value* Entrepreneurial environment* Team-oriented culture* Strategic approach* Collaborative teamwork* Quality portfolio* Relationship building (internal and external)* Long-term partnerships for investors* Career opportunities* Sophisticated work environment
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