Morgan Stanley is looking for an experienced accountant to join their real estate group to be responsible for all aspects of accounting for the company’s real estate leases and associated fixed assets.
The position requires a minimum of three years experience with real estate accounting experience preferred and advanced Excel skills including pivot tables and lookup functions.
Company: Morgan Stanley
Title: Real Estate Accounting Associate/Manager
Location: New York, NY
Description: This position will be responsible for all aspects of accounting for Morgan Stanley real estate leases and associated fixed assets. This position will work closely with the space reporting, strategic analysis, lease administration, space planning and property management groups.
Responsibilities: Review of new leases to ensure financials are accurate in the Real Estate System; Calculate and record straight-line rent adjustments as well as prepare monthly reconciliation and analysis; Promptly respond to requests of internal & external auditors by providing lease documentation and supporting schedules; Month end close and expense accruals; Prepare balance sheet reconciliation of all rent & rent-related accounts; Accrue & monitor all costs associated with abandonment of space & assess adequacy of vacant space reserves on a quarterly basis; Review all Corporate Services fixed assets to ensure they are accounted for in accordance with Fixed Asset policy and are assigned to the right locations; Monthly analysis of space & occupancy variances and drivers; Compute and record Interest on Fixed Asset allocations; Assist with all aspects of accounting for the Morgan Stanley Smith Barney joint venture; Support the Global Reporting Space Initiative; Ad hoc reports.
Qualifications/Skills: Strong Accounting skills with detailed working knowledge of the General Ledger; 3-5 years of accounting experience; Must have advanced Excel skills, including use of Pivot Tables and Lookup functions; Detail oriented with strong analytical and interpersonal skills; Proven track record of good organizational skills, sound time management, and ability to prioritize and multitask; Team oriented; Systems experience: Omega, REM, BOXI; Communication and presentation skills; Bachelors in Accounting; Background in Real Estate Accounting; PC Skills: MS Excel, Access, Word, PowerPoint, Mainframe General Ledger.