Investment Accounting Manager - Real Estate

$96,800 - $154,400/Yr

Nuveen Services - Charlotte, NC

Full-time - Mid Level

Charlotte, NC

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Investment Accounting Management role is responsible for overseeing the investment accounting policies and procedures within the organization, ensuring their correct application to financial transactions. This position collaborates closely with various teams, including asset management and portfolio management, while supervising professional staff involved in preparing month-end closing reports and quarterly financial analytics.

Responsibilities

• Leads the preparation of timely and accurate GAAP financial statements, disclosures, work papers, and supporting schedules to satisfy all investment accounting requirements for investors and auditors.
• Manages debt foreclosures, deed in lieu closings, and other debt-related activities including payoffs, originations, modifications, and sales.
• Oversees REIT structures, compliance, testing, and regulations.
• Prepares and reviews performance returns such as IRR calculations.
• Completes investor reporting (including ad-hoc requests) and lender compliance.
• Manages debt fund banking functions such as opening and closing accounts, line of credit draws and paydowns, wires, account transfers, distributions, and capital calls.
• Works closely with client services, portfolio management, internal auditors, public accountants, federal tax examiners, and other financial professionals to ensure practices align with organizational goals.
• Manages month-end close and related journal entries for the real estate debt funds.
• Explains investment accounting policies, procedures, and control processes to ensure clarity among team members.
• Manages team performance through regular feedback and formal performance reviews to ensure exceptional product delivery and team engagement.

Requirements

• 5+ years of accounting experience required; 7+ years preferred.
• Previous debt investment accounting experience.
• Familiarity or experience with open and closed-end funds.
• Knowledge of capital stacks/financing options for debt transactions.
• Experience in accounting for foreclosures, deed in lieu, and debt financing modification transactions.
• University degree in Accounting or Finance.
• Strong proficiency in Excel.
• Previous experience with Yardi and Workiva.
• Familiarity with REIT fund structures and related tax regulations.
• Previous supervisory or management experience.
• Experience working in a fast-paced and deadline-driven environment.
• Excellent verbal and written communication skills.

Nice-to-haves

• Experience interacting with external partners.

Benefits

• Comprehensive Total Rewards package including retirement program and competitive health, wellness, and work-life offerings.