What are the responsibilities and job description for the Fixed Asset and Construction Accountant position at IRG Realty Advisors?
IRG Realty Advisors (IRG RA) provides comprehensive commercial real estate solutions for entrepreneurial owners/investors, corporations, institutional and governmental clients. Currently the largest management services company headquartered in the state of Ohio, our portfolio has over 100 million square feet of assets in 31 states. The profile includes Commercial Office & Retail, Industrial, Warehouse, Multi-Family properties, and Land properties.
IRG RA provides specific emphasis and unique experiences in developing and managing large, complicated mixed-use projects. IRG RA’s Core Purpose is to Improve communities by developing and implementing innovative real estate solutions through customized approaches that surpass our clients' expectations.
As an Advisory firm, our approach is to connect all the elements that can affect the performance of a commercial real estate investment and bring those together into a cohesive strategic recommendation of value enhancement. This is accomplished with an eye toward each step of the real estate life cycle, from acquisition to repositioning to stabilization to exit planning. Through our independent yet coordinated service lines, IRG RA advises our clients on Property and asset Management, Transaction Management, Development Services, Project Management, Consulting, and Facility Management.
We are looking for passionate, enthusiastic associates who are committed to professional development and focused on achieving unparalleled results for our clients and partners.
The Fixed Asset and Construction Accountant is responsible for the day-to-day accounting of commercial real estate projects in construction and the proper treatment of placing projects in service for depreciation. This position is responsible for maintaining a fixed asset sub-ledger and ensuring that costs in construction in the process are reasonable by project and are capitalized according to GAAP.
Essential Duties:
- Review all construction in process general ledger accounts for assets to capitalize and depreciate.
- Recording fixed asset additions, retirements, disposals, depreciation, and transfers
- Interact and collaborate with property accountants and property managers to identify capital projects completion for capitalization
- Maintain fixed asset sub-ledger, including depreciation schedule tie-out to the ledger.
- Reconcile fixed assets and construction-in-progress information
- Prepare monthly summary reports for management and assist in presentations for clients.
- Prepare and provide annual audit and tax work papers support for fixed assets and construction in process.
- Ad Hoc fixed asset and job cost reporting requests.
Requirements:
- Bachelor’s Degree in Accounting or Finance
- 2-3 years of accounting experience, preferably in the Commercial Real Estate industry
- Advanced Microsoft Excel and PowerPoint skills
- Detail-oriented
- Analytical
- Strong verbal and written communication skills
- Ability to work in a fast-paced environment and meet deadlines
- Understanding of variance analysis when comparing actual to budget
- Working knowledge of accrual accounting and GAAP.
- MRI experience is a plus
- Ad Hoc projects as assigned
IRGRA provides equal employment opportunities. Discrimination of any type will not be tolerated. IRGRA is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or any other characteristic protected by state, federal, or local law. In compliance with the Americans with Disabilities Act Amendments Act (A.D.A.A.A.), if you have a disability and would like to request an accommodation to apply for a position, email agreen@irgra.com.
IRG Realty Advisors participates in E- Verify. For more information on E- Verify, please visit e-verify.gov.
