Vice President, Client Accounting

Cabot Properties is an institutional investor, developer, and operator of logistics real estate. As an industry leader for over 30 years, we have used our expertise and acumen to create ongoing value for our partners. Cabot has a strong team of dedicated, bright, strategic, and detail-oriented individuals. We view people as our most valuable assets, and our greatest responsibility. 

We have an exciting opportunity for a Vice President, Client Accounting in our Boston office. This individual will be reporting directly to the Client Accounting Controller. This person will be a highly resourceful team player, who is comfortable working in a fast-paced environment, sometimes under pressure, while remaining flexible, proactive, and efficient.  This individual will have the ability to exercise good judgment in a variety of situations, with strong communication, organizational, and financial skills and the ability to maintain a realistic balance among multiple priorities.  The person in this position must maintain the highest level of confidentiality and diplomacy regarding all Cabot Properties L.P. and Cabot Properties, Inc. information. 

Duties and Responsibilities:  

• Responsible for the accurate US GAAP fair value financial reporting of private real estate Separate Accounts, possibly including consolidation or combination accounting, foreign currency translation, accounting for joint ventures on the equity method, recording acquisitions and sales, calculation of noncontrolling interest and fees
• Review third party manager’s quarterly reports for the Separate Accounts’ properties to ensure compliance with Cabot’s property accounting policy and procedures
• Review all aspects of the financial operations of the assigned Separate Accounts and explain variances
• Preparation of the Separate Accounts’ monthly, quarterly and annual financial statements to Investors, in accordance with Investor’s specifications
• Work with cross-functional areas, including but not limited to, Finance, Asset Management, Investments and Investor Relations to inform accounting decisions, relevant disclosures and provide information internally, as needed
• Oversee annual external audit, including in foreign jurisdictions, as applicable, ensuring all deadlines are met.
• Review year-end property reconciliation billings completed by the third-party managers.
• Assist in the preparation of monthly cash forecasting reports for assigned Separate Accounts
• Review of third-party manager’s property management fee billings charged to assigned Separate Account
• Interact with and establish a positive working relationship with third-party property managers and accountants, as well as Management of Separate Account clients, as applicable.
• Other duties as directed by the Client Accounting Controllers

Qualifications and Experience:

• Bachelor’s Degree in Accounting
• 7-10 years plus of relevant experience
• Excellent knowledge of accounting fundamentals
• Highly proficient with Microsoft Office Suite (Excel, PowerPoint, Word and Outlook)
• Strong interpersonal skills with the ability to work with all members of the organization
• Self-motivated, high attention to detail, ability to multi-task and prioritize in a fast paced environment
• High level of professionalism and demonstrated ability to maintain confidentiality as required and appropriate
• Experience with MRI not required but a plus

Physical/Mental/Visual Demands and Work Environment:

• The job is conducted in an office work environment, sitting most of the time
• Approximately 90% of this position’s duties require use of a computer

The work environment characteristics described above are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Cabot Properties provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.