Manager, Transactions Accounting

The Manager, Transaction Accounting – Acquisitions leads oversight, review, and sign-off of acquisition accounting across the deal lifecycle for both US and Canadian assets, ensuring transactions close in accordance with executed agreements and are recorded under the applicable accounting framework, including US GAAP and IFRS. The role is the primary point of manager level control and technical accounting judgment over opening journal entries, purchase price allocations, prorations, and entity setups. It partners in real time with Transactions, Fund and Property Accounting, Investments, Treasury, Tax, Legal, Blackstone, third-party appraisers, Operations, and other teams to drive timely, well-controlled closings,directing and reviewing team-prepared workpapers while retaining manager-level review and approval authority.

• Oversee and review work prepared for acquisitions to ensure deals close in accordance with executed agreements and are recorded in accordance with the applicable accounting framework.
• Review and approve opening journal entry workbooks for acquisitions; communicate complex or nuanced transaction matters to staff and senior transaction accountants, researching accounting standards as needed to confirm correct treatment.
• Review and approve staff prepared reviews of third-party appraiser reports and final purchase price allocations, ensuring allocations are accurate, debt valuations are incorporated, and all relevant acquisition matters are addressed.
• Provide support and guidance to team members on assigned acquisitions, ensuring all required actions are completed promptly before closing so acquired assets can be onboarded and integrated into accounting processes.
• Review purchase and sale agreements and oversee transaction accountants responsible for preparing or reviewing proration files to confirm accuracy and completeness of information to be included in the closing statement.
• Review entity structure and owner-entity setup to ensure they are completed timely, completely, and accurately to allow for appropriate reporting to investors.
• Coordinate with prior owners on acquisitions to finalize any true-up adjustments to closing and final tenant reconciliations for the year of closing.
• Continually evaluate and improve acquisition processes, controls, and automation, ensuring changes are sustainable and documented.
• Train and develop team members on standard and complex acquisition scenarios, provide guidance for career growth, and manage workload effectively across the team.
• Provide additional support on projects or other transaction related areas assigned.

• Bachelor’s degree in Accounting or equivalent from an accredited university; CPA preferred.
• Minimum of 7 years of accounting experience, with commercial real estate accounting experience highly preferred; acquisition or other relevant transaction exposure preferred.
• Strong technical accounting and analytical skills, with the ability to interpret deal terms and apply the correct treatment across US GAAP and IFRS on material transactions.
• Demonstrated ability to review others’ work, exercise sign-off authority, and lead and develop a team.
• Ability to effectively manage multiple projects and concurrent transactions.
• Excellent verbal and written communication and interpersonal skills.
• Ability to work independently and as part of a team; high degree of integrity.
• Proven ability to expand areas of knowledge and learn new skills as circumstances require.
• Solid problem solving, time management, and organizational skills.
• Technology-forward mindset; experience driving standardization and automation preferred.