The Greystar Insurance Accounting Manager plays a critical role within Greystar's Corporate accounting organization and is responsible for the accounting and financial reporting of Greystar's insurance programs. As a manager, you will be responsible for performing financial reporting, financial analysis, cash management, auditing and cost control systems for the insurance accounting programs. This role applies generally accepted accounting principles (GAAP) to analyze financial information, reconcile financial statements, prepare general and standard journal entries, assist in budget development, and prepare standard accounting and financial reports for management. This role will evolve as the team continues to proactively meet the needs of a rapidly growing global business.
Manages the monthly financial close, including required adjusting entries, reconciliations, and financial analysis of Greystar's insurance accounts. Oversees and approves financial transactions and information in preparation for entry into various financial statements and accounting reports by checking calculations, reviewing basis for figures, balancing and reconciling figures, and making exceptions as necessary.
Oversees management of the day-to-day cash transactions of each insurance program (Property, General Liability, Workers Compensation, and Health Insurance). This includes but is not limited to daily oversight of bank accounts, entering transactions into Oracle on a timely basis, managing the intercompany bill-backs and accounts payable process, reviewing and approving wire/ACH transactions, and ensuring completion of monthly bank reconciliations.
Partner closely with the risk management team and our Captive Manager to implement and manage a Captive Insurance program.
Collaborate with our third-party insurance brokers on reconciling fees, loss funds, and payments.
Ensures customer satisfaction by managing the timely completion and distribution of financial reports to clients and key business leaders, assisting in resolving discrepancies and variances in actuals-to- budget, and responding to requests, questions, and issues related to the ongoing financial performance of Greystar's insurance programs.
Contributes to the annual business planning and budgeting process by managing historic and predictive financial data, as well as managing budget and financial models.
Acts as liaison to internal and external auditors by explaining journal entries and financial transactions, providing research data and information as requested, and answering questions necessary to complete the audit in a timely manner.
Knowledge, Skills, Abilities:
Demonstrated ability to write and communicate effectively to prepare and explain financial data to business leaders and managers, team members, clients, internal and external auditors, and other business contacts.
Demonstrated proficiency in word processing, spreadsheet, database management, and corporate accounting in order to complete required reports. Expert in Excel. Oracle experience preferred.
Demonstrated ability to work collaboratively with others in a dynamic and fast-paced environment.
Ability to be a self-starter, think independently, and collaborate with multiple departments. Strong organizational skills are necessary.
Driven; a quick study with internal drive to make a difference in a high-growth organization - a self- starter that requires minimal direction. Works well independently and can successfully build and maintain cross-functional relationships.
An understanding of insurance accounting and experience in supporting the accounting or controllership function for an insurance company strongly preferred.
A combination of education, training, and experience that demonstrates the application and usage of generally accepted accounting principles (GAAP).
Undergraduate degree in accounting, finance, or business is required.
4+ years of relevant accounting experience is required.
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
National Platform with Local ExpertiseGreystar, founded in 1993, provides world-class service in the multifamily real estate business. Our innovative business model integrates the management, development and investment disciplines of the multifamily industry on both national and local levels. This unique approach and our commitment to hiring the very best multifamily professionals have resulted in record growth, making us one of the most respected and trusted multifamily real estate companies in the country.Because our business model includes both investment and service-oriented businesses, we’re able to maintain a constant presence in local markets and create value in all phases of the real estate cycle. Our national platform provides economies of scale, financial sophistication, institutional quality reporting and tremendous capital relationships, while our city offices provide local market expertise and execution.Our dedication to redefining excellence in apartment living means we’re constantly exploring innovative ideas and pioneering new ways to serve our residents and clients. The Greystar team is more than 5,300 team members strong and growing. Check out the latest opportunities.