Note: The job is a remote job and is open to candidates in USA. WeWork is a leading provider of flexible workspace solutions, operating in over 37 countries. The Lead, Real Estate Accountant will play a crucial role in managing financial requirements for commercial real estate clients, including month-end financial close and revenue sharing calculations.
Responsibilities
- Understand and adhere to GAAP requirements along with unique commercial real estate client policies and requirements
- Complete and/or oversee transaction-level analysis and review in preparation of client financial statement packages including: capitalization analysis, amortization/depreciation, revenue and expense analysis and accruals and reclasses, tax/insurance analysis and entries, management fee and owner distribution calculations, etc
- Support with analysis of financial statements, prepare journal entries and complete monthly variance commentary and trend analysis
- Prepare balance sheet account reconciliations and supporting schedules, documenting monthly changes
- Prepare monthly bank reconciliations, ensuring vendor, landlord, member and tenant cash transactions are recorded correctly
- Coordinate the weekly payment of vendors
- Review bank account and cash transactions to ensure member payments are recorded timely and accurately, working with community teams to identify and address aged receivables
- Answer client accounting and financial inquiries by researching and interpreting data
- Work with WeWork leadership and clients to help understand performance goals and create annual budgets
- Prepare and review revenue share calculations for WeWork’s participating leases
- Interpret lease and management agreement language to ensure reporting and calculation adherence to requirements
- Manage workload proactively, organizing and prioritizing tasks (both routine and one-off), and tracking due dates and deadlines
- Work with internal stakeholders to ensure revenue and expenses are captured appropriately within WeWork Management books
- Establish and maintain relationships with each location’s Community teams, ensuring they understand their location’s profitability
Skills
- Bachelor's Degree from a 4 year college in Accounting or Finance
- 3+ years of relevant accounting experience preferred, including commercial real estate experience
- Proficient with MS Office and Google Workspace
- Strong written and verbal communication skills
- Strong working knowledge of US GAAP
- Strong financial and analytical skills
- Strong communication and organizational skills with the ability to manage multiple competing priorities and varying deadlines
- Ability to understand and interpret complex data
- Ability and desire to work and thrive in a fast paced, entrepreneurial & energetic environment
- Proactive self-starter capable and comfortable working independently, with limited direction, and effectively building relationships with partners throughout WeWork
- Team focused mentality and desire to actively contribute in a collaborative setting
- 3+ years of relevant accounting experience preferred, including commercial real estate experience
- Experience with Workday Financials is a plus
Benefits
- WeWork employees are eligible to participate in an incentive plan specific to their role.
- Full-time employees are eligible for comprehensive benefits (subject to the terms of applicable plans/policies/agreements, which will be made available to you after commencing employment), including: 20 days of PTO, approximately 13 paid holidays, and 80 hours of paid sick time per full calendar year; 16 weeks paid parental leave; competitive healthcare benefits; 401k plan; and life and AD&D insurance.
Company Overview
Company H1B Sponsorship