Job Description

Investment Accounting Management
The Investment Accounting Management job manages the investment accounting policies and procedures of the organization and ensures they are correctly applied to financial transactions. This job partners directly with asset management, portfolio management and acquisition/disposition teams, and also supervises professional level employees who are responsible for preparing month end closing reports and subsidiary quarterly financial analytics.

Key Responsibilities and Duties

• Leads the preparation of timely and accurate GAAP work papers and supporting schedules to satisfy all investment accounting requirements for internal and external audits.
• Reviews financial information for joint ventures to ensure compliance with investment accounting policies and procedures (sales, acquisitions, debt refinancing, restructuring, and financial performance).
• Ensures modified cash basis accounting information provided by third party management firms have been accurately converted to accrual basis to facilitate preparation of fair value GAAP basis financial statements.
• Works closely with internal auditors, public accountants, federal tax examiners, and other financial professionals ensuring that practices are in line with the overall goals of the organization.
• Explains investment accounting policies, procedures and control processes to ensure that policies are clear and understood by all team members.
• Manages performance of team through regular, timely feedback as well as the formal performance review process to ensure delivery of exceptional products and engagement, motivation, and development of Investment Accounting team.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
8PL

Summary:

The SA ensures compliance with real asset fund reporting processes including assessment of NAV packs and valuation reports. Under limited/ no supervision, this job reconciles and verifies all account balances and collaborates with the investor reporting team so that the quarterly reporting is completed within the deadlines.

Key Responsibilities and Duties

• Reviewing and verifying the accuracy of NAV packs received from fund administrators.
• For complex funds- preparing quarterly and annual financials and reviewing investor reports so that they are approved in time to distribute to investors. Performing monthly and quarterly close and consolidation processes to ensure timely completion and accuracy of the testing processes.
• Taking ownership of allocated fund and ensuring all reporting tasks, including invoice processing are done in a timely manner.
• Providing assistance and training to lower-level associates to ensure there is high-quality and timely completion of projects.
• Doing the first review of work done by analysts before it is sent to the US team.
• Ensuring all internal and external reporting deadlines are met with quality and efficiency.
• Building relationships with the team and with external groups like property managers and auditors.
• Taking lead and developing efficiencies within our processes.
• Taking ownership and delivering any ad-hoc tasks accurately, within the expected timeline.
• Yardi working exposure is required.
• Advance excel skills needed for this role.
• US GAAP financial disclosure understanding required like preparation of FS, notes, various support file, ASC 820 table etc.
• Detailed understanding of General Partner functional responsibilities and fund manager, fund admin.
• Proven experience of efficiency generated in past process.
• Able to communicate softly with team member and leadership talk.

Qualification:

• Chartered Accountant

Skills:

• Proficient in accounts
• Good problem solving abilities
• Good communication skills

Physical Requirements: Sedentary work

Experience required: 7 to 9 year of experience that is relevant.

Related Skills

Accountability, Accounting Standards, Business Acumen, Client Relationship Management, Collaboration, Communication, Compliance, Data-Driven Business Intelligence, Due Diligence, Executive Presence, Financial Acumen, Financial Modeling, Financial Risk Management, Financial Statements, Fund Accounting, Market/Industry Dynamics, Stakeholder Engagement, Story Telling



Company Overview

TIAA GBS India was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA GBS India is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

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TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email:

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