Manager, Fund Accounting

Invitation Homes is a fast-paced, evolving publicly traded REIT which is pioneering a new industry with over 100,000 single family rental homes for lease and a market capitalization of over $16 billion. We are a team of more than 1,700 associates who come from all walks of life. We call different communities “home,” but our shared values bind us together. Invitation Homes is a place where possibility lives.

We need dedicated, organized, and detail-oriented accounting professionals to provide timely and accurate financial information to our partners in the field and at our corporate offices as well as to our shareholders. We are seeking a Manager, Fund Accounting to join an energetic and collaborative accounting team that encourages creative thinking and innovative ideas to optimize success. We strive to attract talent that enjoys working in a dynamic environment, welcomes opportunities to learn various aspects of the single-family residential business, and embraces collaboration with Senior Leadership.

If you are a motivated, passionate, quick learner looking for unique career experiences, this role is waiting for you!

The Manager, Fund Accounting has two primary responsibilities: (1) overseeing accurate and timely preparation and delivery of recurring financial reporting packages for Debt and Joint Venture (JV) entities; and (2) onboarding and developing a team of associates to execute those functions. These reporting packages relate to the activities of both Invitation Homes and its partners, resulting in delivery of financial information to internal stakeholders, lenders and JV partners.

This role also assists in the preparation of debt transactions, construction lending accounting entries, capital call notices, distribution notices, equity pick-ups, and other investment reporting requirements and may also assist with quarterly and annual SEC filings. The Manager, Fund Accounting will encourage the development of associates through ongoing performance management, career development conversations, training, and mentoring.

• Manage the reporting process for Debt and JV entities to ensure accurate reporting within established closing and reporting calendars, including preparation and review of deliverables and adherence to established deadlines.
• Oversee and review all areas of JV entity-level accounting including, but not limited to, debt transactions, capital calls, distributions, equity pick-ups, other expenses, and monthly and quarterly journal entries.
• Prepare and review debt-related calculations and schedules including, but not limited to, debt roll-forwards and reconciliations, recognition and amortization of deferred financing costs, accounting for derivatives and swaps, other expenses, and monthly and quarterly journal entries.
• Prepare and review construction lending portfolio accounting transaction and related activities, including accruals, reconciliations, current expected credit loss, fair value, cash management, and collaboration with cross-functional construction lending teams.
• Read and understand partnership and JV agreements, investment documents, entity structures, investment prospectuses, loan agreements, and interest rate swap agreements.
• Collaborate with internal and external customers and stakeholders, such as JV partner representatives, other corporate departments, field representatives, and Senior Leadership.
• Collaborate with internal and external teams regarding various confidential projects, including work with new entities or structures and reviewing draft and final documents, agreements, and information.
• Assist in the budget process and provide monthly, quarterly, and year-end variance to budget analysis.
• Encourage team engagement and create an environment to foster associate development.
• Establish, communicate, and train new policies and procedures, and liaise with internal and external auditors while ensuring SOX and other compliance and reporting matters are maintained.
• Participate in key projects and innovate processes to gain team efficiencies.
• Comply with policies, procedures, and controls and bring inconsistencies and…