Posted on: September 22, 2022
Our Company: - Quarterra Group (NYSE: Q) is a multi-strategy,
real estate focused, asset management company. We are a very
special place to work, largely because of the special people who
work here. Our company culture is infused with spirit, enthusiasm,
passion, and vitality. The company was founded in 2022 following
the spin-off from Lennar (NYSE: LEN). Quarterra is comprised of
three rapidly growing real estate verticals: Multi-family (QMF),
Single-Family Rental (QSFR), and Land Strategies. QMF is a real
estate development and operating company with a diverse portfolio
of institutional quality multifamily rental communities across the
US. Between our completed developments and pipeline, QMF owns and
manages over 100 communities across the US that exceeds 41,600
homes and $15.3 billion in development costs and consists of
high-rise, mid-rise and garden apartments. QSFR, the single family
for rent platform, started operations in 2021 with its first fund
in excess of $1.5 billion. Quarterra Land Strategies is a land
finance vehicle with two active funds with over $3 billion of
assets under management. - Summary of Position: - Reporting to the
Division Controller, the Staff Accountant is responsible for
assisting in all financial reporting and accounting related
services required for the Division. This role is pivotal to the
Accounting teams goals and outcomes of accurate and timely
completion of all accounting deliverables. - Principal Duties and
---Assist in the monthly financial close process and prepare and
input journal entries.
---Prepare JV financial statements and variance analysis.
---Assist with monthly loan draw packages and review of
construction Pay Applications.
---Assist in the monthly budget reviews with the development team
and update job cost budget summary schedules.
---Perform balance sheet account analysis and other analytical
procedures as needed.
---Review expense reports for accuracy and completeness.
---Work with the development team and accounts payable closely to
organize, code, and submit vendor invoices for payment.
---Prepare remote bank deposits.
---Manage cash balance on bank accounts and prepare wire transfer
---Assist in the compliance of the Accounting and A/P policy and
procedures. - Education and Experience Requirements: -
- Bachelor's in Accounting or related field is required.
- Progressive accounting experience.
- Experience with multifamily industry, joint venture accounting,
and public accounting is preferred.
- Exceptional organizational skills with excellent attention to
- Strong work ethic and team player attitude.
- Must possess professional attitude and represent company in a
- Advanced computer skills in Microsoft Excel.
- Strong analytical skills.
- Excellent oral and written communication skills. Physical
Requirements: - This is primarily a sedentary office position which
requires the Staff Accountant to have the ability to operate
computer equipment, speak, hear, bend, stoop, reach, lift, and move
and carry up to 25 lbs. Finger dexterity is necessary. This
description outlines the basic responsibilities and requirements
for the position noted. This is not a comprehensive listing of all
job duties of the Associate. Duties, responsibilities and
activities may change at any time with or without notice. #KP
Keywords: Quarterra, Irving , Staff Accountant, Accounting, Auditing , Irving, Texas
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