Director of Accounting

Company Description

Catalyst is a national, full-service healthcare real estate investment firm. Our platform of integrated real estate deliverables is specifically designed for the ever-evolving landscape of healthcare. Our team seeks to positively impact healthcare with strategic investment in development, acquisition, and strategy services. For more information, please visit catalysthre.com.

Job Description

Reporting to the SVP of Accounting, the Director of Accounting is responsible for leading the accounting and financial reporting functions for Catalyst's healthcare real estate investment, development, construction, and operating portfolio. The Director of Accounting will oversee accounting operations across multiple entities, development projects, and joint venture structures while ensuring the accuracy, integrity, and timeliness of financial reporting. This role serves as a key accounting leader supporting Catalyst's continued growth, investment activities, and strategic initiatives. 

This is a hands-on leadership role that combines technical accounting expertise, real estate industry knowledge, and team management. The Director of Accounting oversees financial reporting, development and construction accounting, joint venture accounting, internal controls, and accounting operations while leading and developing a team of accounting professionals. The successful candidate will be a collaborative leader who enjoys building strong teams, improving processes, supporting complex real estate transactions, and creating operational excellence within a growing organization. 

What You'll Do

Team Leadership & Department Management 

• Lead and develop a team of accounting professionals, fostering accountability, collaboration, and continuous improvement. 

• Develop, implement, and maintain accounting policies, procedures, and best practices. 

• Identify and implement process improvements that increase efficiency, accuracy, scalability, and operational effectiveness. 

• Serve as a key technical accounting resource for the organization and provide leadership support on complex accounting matters. 

Financial Reporting & Accounting Management 

• Manage accounting and reporting for multiple joint venture entities and ownership structures. 

• Manage the monthly, quarterly, and annual close processes to ensure timely and accurate financial reporting across multiple operating entities, development entities, holding companies, and joint venture structures. 

• Oversee general ledger accounting, account reconciliations, accruals, fixed assets, accounts payable, accounts receivable, and cash management activities. 

• Ensure compliance with GAAP, company policies, partnership agreements, debt agreements, and internal control requirements. 

• Manage treasury functions across holding company, joint venture, and real estate entities, including cash transfers and pushdowns. 

• Own distribution and cash flow management for the real estate portfolio, including distribution projections at the holding company and joint venture level. 

• Coordinate directly with joint venture partners, equity partners, investors, and lenders regarding capital calls, funding requests, distributions, project reporting, and financial performance. 

• Prepare and deliver quarterly presentations to holding company and joint venture stakeholders. 

• Assist with annual budgeting, forecasting, and long-range financial planning activities. 

• Partner with development, asset management, acquisitions, and operations teams to support business objectives, investment decisions, and reporting needs. 

• Support acquisitions, refinancings, dispositions, and other capital market transactions from an accounting and financial reporting perspective. 

Development & Construction Accounting Oversight 

• Prepare and deliver monthly presentations to joint venture partners. 

• Provide oversight of project onboarding and new project setup, and manage closeout accounting for completed projects. 

• Prepare a quarterly review of loan utilization and the need for any future adjustments. 

• Coordinate and track all insurance renewals for development and construction projects. 

• Oversee development and construction accounting activities, including project cost tracking, budget monitoring, capitalization, job cost reporting, and project financial analysis. 

• Coordinate construction loan draws, lender funding requests, and lender reporting requirements. 

Tax, Audit & Compliance 

• Provide oversight on all real estate tax matters across the portfolio. 

• Coordinate external assurance and tax activities for all real estate entities, holding companies and joint ventures. 

• Review and submit 1099 filings. 

• Review and submit quarterly debt covenant reporting and ensure compliance with debt covenants, loan agreements, and investor reporting obligations. 

• Assist in coordination of all property insurance renewals for the operating portfolio. 

Qualifications

What We're Looking For

• Bachelor's degree in Accounting, Finance, or a related field. 

• Active CPA license required. 

• 8+ years of progressive accounting experience. 

• 5+ years of leadership experience managing accounting teams. 

• Strong knowledge of financial reporting, general ledger accounting, month-end close, internal controls, and GAAP. 

• Demonstrated success managing and developing accounting staff. 

• Experience managing accounting within a multi-entity environment. 

• Experience working directly with lenders, investors, equity partners, and external auditors. 

• Excellent organizational, analytical, and communication skills. 

• Ability to thrive in a fast-paced, growing environment. 

Preferred Experience 

• Commercial real estate, healthcare real estate, development, construction, or property accounting experience. 

• Experience managing accounting for multiple joint venture entities, partnership structures, funds, or real estate investments. 

• Experience managing capital calls, partner distributions, investor reporting, and lender reporting. 

• Experience supporting acquisitions, dispositions, development projects, and financing transactions. 

• Experience leading a team of five or more accounting professionals. 

• Experience with Yardi or similar real estate accounting/ERP systems. 

• Experience supporting external audits and coordinating with tax advisors. 

• Public accounting experience preferred. 

Additional Information

What Catalyst Can Offer You 

• Competitive salary and benefits package 

• Up to 18 days of Paid Time Off 

• 9 company paid holidays 

• Free downtown parking 

• 401k benefit with employer match 100% vested after first year of employment 

• A company culture that breeds inclusiveness and work-life balance 

• Transparent leadership 

All your information will be kept confidential according to EEO guidelines.

The qualification requirements, physical demands and work environment characteristics described in this job description are representative of those that must be met by an employee to successfully perform the essential duties and responsibilities of this job.

This job description in no way states or implies that the essential duties described are the only responsibilities. The employee is required to follow any other instruction and to perform any other work duties at the request of the supervisor or other management personnel.

It is very important that the successful candidate fit into the Catalyst HRE culture. The company’s values focus on results, creativity, honesty/candor, and strong teamwork. There is a great passion for the work we do.