The Amherst Group's companies are comprised of leading real estate investment and advisory firms with a mission to transform the way real estate is owned, financed and managed. Amherst leverages its proprietary data, analytics, technology, and decades of experience to seek solutions for a fragmented, slow-to-evolve real estate ecosystem and to materially improve the experience for residents, buyers, sellers, communities, and investors. Today Amherst has over 1000 employees and $14.1 billion in assets under management.
Over the past decade, Amherst has scaled its platform to become one of the largest operators of single-family assets and has acquired, renovated, and leased more than 46,000 homes across 32 markets in the U.S. The firm delivers customized, stabilized cash-flowing portfolios of assets to its investors, wrapped in all the ongoing services required to manage, own, and finance the asset including property management, portfolio management, and a full capital markets team. In addition to its single-family rental platform, Amherst’s debt business pursues two distinct credit strategies in mortgage-backed securities and commercial real estate lending. Over its 25-year history, Amherst has developed a deep bench of research and technology talent, and leverages data and analytics at every stage in the asset lifecycle to improve operations and preserve long-term value for our investors and the more than 188,000 residents the firm has served.
- Design, implement, and manage the process for accounting of property cost, including expense accrual, amortization, property tax liability, and related balance sheet reconciliations.
- Oversee the day-to-day work of an offshore accounting team. Provide guidance and review their work related to the property tax payment, insurance billing, accrual entries, and reconciliations.
- Identify opportunities and implement processes to centralize, eliminate, automate or outsource activities. Work with service providers to outsource established processes and manage ongoing activities.
- Responsible for a specific fund’s reporting, including preparing monthly financial statements, lender’s reports, compliance reports, and addressing financial implications to the management team and investors.
- Analyze financial information for discrepancies and summarize financial status. Work through accounting implications and provide accounting guidance to operations, portfolio management, and other cross-functional teams.
- Conduct monthly account reconciliations to ensure accurate reporting and ledger maintenance.
- Partner with internal and external auditors to review processes, implement controls, and ensure compliance.
- Document policies, procedures, and workflow for assigned areas of responsibility.
- Contribute to department and organization special projects as assigned.
Required Experience:
- Bachelor’s degree in accounting or finance required. 3+ years of accounting experience.
- Must have excellent verbal and written communication skills, and have established skills in accuracy, organization, and working in a high-volume environment.
- Demonstrated ability to support all other departments within the company and coordinate training and information sessions.
- Strong problem-solving and analytical skills.
- Proficiency with Microsoft Office Suite of products, particularly with Excel. A mix of Public and Private Experience is preferred.
- CPA preferred. Proficiency with Yardi Voyager preferred. Experience in Real Estate, preferably rental property preferred.
Candidates will need to demonstrate essential capabilities:
- Executional excellence: You have the organizational skills, meticulous attention to detail, high sense of responsibility, and general skillset to take on a wide range of high-priority projects. You are dependable and always deliver quality work.
- A Creative Problem Solver: You have a propensity to think strategically, logically and outside the box to solve problems for the business and customer.
- Resilient: You are open to objective feedback and view mistakes as a learning mechanism Hard Working: You aren’t afraid of a tough deadline.
- Meticulous: You are highly structured, disciplined and take pride in your work, setting and executing on timely project deliverables with the roadmap to get there.
- Knowledgeable: You understand and leverage best of breed software to help manage the end- to-end process efficiently.
Working Shift/ arrangement: US Shift 6:30 PM – 03:30 AM IST from the office to ensure efficient collaboration
Our full-time employee benefits include:
A competitive compensation package, annual bonus, 401k match
Flexible PTO including 7 paid holidays, 1 floating holiday, and 1 volunteer day
Employer-paid benefits (medical, dental, vision, health savings account)
Professional career development and reimbursement
Up to 16 weeks paid maternity leave; up to 4 weeks of paid parental leave
Backup childcare offered through Bright Horizons
Amherst is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply.
