Purpose and Job Summary
This role will provide technical and financial GAAP reporting expertise and oversight of the Corporate and Fund Accounting teams at Boston Financial (BF).
Essential Duties & Responsibilities
Oversees the accounting operations for both the fund and corporate reporting platforms, including technical accounting, internal controls, and financial reporting in support of our growth.Supports the Corporate Accounting team during the monthly, quarterly, and annual accounting close bringing expertise in transactional accounting and GAAP financial reporting.Supports the Fund Accounting team in quarterly and annual accounting, financial and tax reporting for 170+ low-income housing tax credit Funds. Collaborates with the Fund Management team to ensure all Fund financial statements are consistently delivered on time to the Fund investors.Partners with the Financial Planning & Analysis team to prepare monthly management reporting to the CEO and BF leadership team.Primary contact for the ORIX Internal Audit Team (“IA”) related to designing, developing, monitoring, and testing business processes under Sarbanes-Oxley Section 404 (SOX). Key areas of focus include consolidation and revenue recognition analyses.Serves as the head of the BF SOX Committee. Primary responsibilities include facilitating the maintenance of internal control documentation, overseeing testing procedures performed by IA and reviewing proposed remediation activities.Oversees proper accounting treatment of all transactions in accordance with GAAP; Includes researching accounting requirements and implications for complex transactions.Primary liaison with the ORIX Chief Financial Officer in technical accounting matters such as consolidation and revenue recognition analyses.Primary relationship owner for the corporate accounting external auditors, KPMG and multiple fund external auditors.Partners and provides support on technical accounting matters related to new business activities.Provides leadership and vision for scaling the fund and corporate reporting platform infrastructure to keep up with the demands of the business.Leadership & Team Building
Highly effective leadership skills with the ability to motivate a team, hold self and others accountable, promote open communication, individual development, team bonding and comradery, effective cross-function collaboration, and ensure an inclusive people environment that consistently seeks out the value that everyone brings to the team.Promotes team engagement to foster professional excellence and continual development of our business practices.Ability to manage multiple priorities and lead a team of (3) Assistant Controllers with oversight of two functional areas: Corporate Accounting (3), Fund Accounting (17); total of (20) staff.Provides coaching and direction to team leaders and leads efforts to create a climate that fosters high engagement, belonging and inclusion, and talent retention.Addresses performance issues or concerns timely, ensures appropriate documentation is maintained, and elevates issues to Human Resources, Legal and/or others where appropriate.Identifies and defines metrics and measures to monitor team and individual progress; Evaluates performance opportunities and celebrates successes.Travel Requirements – less than 10%. Other projects and duties as assigned.Contacts
This position has frequent contact with all levels of employees and management. In addition, this role may interact with outside business partners, vendors, consultants, and other office visitors.
Education, Skills & Experience
Bachelor's degree in accounting/finance or related discipline required.Certified Public Accountant (CPA) designation, preferred.10+ years' progressive accounting experience in public accounting or similar environment.Experience in multi-family real estate, preferred.Experience in successfully scaling people, processes, and systems to support company evolution and growth.Proven track record in leading teams and managing through change effectively.Excellent verbal, written and interpersonal skills required.Life at ORIX
We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.
You Time
We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.
Family Care
Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.
Flexible Work Arrangements
ORIX associates enjoy the advantages of our hybrid working model with a 3-day in-office minimum requirement.
Boston Financial Investment Management, LP and its parent company, ORIX USA, is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.
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