Alaskan Copper
Senior Finance and Accounting Analyst
Alaskan Copper, Federal Way, Washington, United States, 98003
Senior Finance & Accounting Analyst
Salary Range: $100,000 - $120,000 depending on qualifications and professional experience. Position Overview: This dynamic role blends operational finance and accounting responsibilities with strategic analytical projects that directly influence strategic decision-making and support the continued growth of API's real estate and investment portfolio. Reporting to the Director of Finance & Accounting, this role begins as an individual contributor role with near-term opportunities for growth and role expansion. Our flexible hybrid work model empowers you to balance autonomy with collaboration. Company Overview: Alco Properties and Investments (API), a division of Alco Investment Company (Alco), is a commercial real estate investment and asset management firm. API manages a $1.5 Billion investment portfolio consisting of assets owned by Alco and affiliated entities, comprised of 50+ self-managed commercial real estate assets and an investment portfolio that includes 15+ real estate partnerships and 40+ venture capital investments managed by our partners. Although externally managed, our investment portfolio requires ongoing fiduciary oversight and analysis as well as the year-end collection and aggregation of over 50 Schedule K-1s. Alco Investment Company is a multi-generational family-owned S-Corporation comprised of over 60 shareholders, including individuals and trusts. The consolidated financial statements include API and its wholly-owned operating business subsidiary, Alaskan Copper Companies, Inc. (ACC). Alco and its affiliated entities are structured as pass-throughs for tax purposes (LLC, LLP, S-Corporation), and all entities report on the income tax basis of accounting. Mission: Responsibly create long-term value for our stakeholders by building a resilient portfolio and managing our assets and investments to the highest standards. Vision: Preserve and grow capital through disciplined and opportunistic investment selection, collaborative asset strategies, and sound risk management. Values: Transparency, integrity, excellence, curiosity, innovation, stewardship, and collaboration. Location: Federal Way, Washington (Hybrid). Our culture values flexibility and teamwork. As such, we strongly encourage employees to collaborate in the office on Tuesdays. Work location is at the discretion of the employee on all other workdays. Required/Preferred Skills and Experience: 1. Bachelor's degree in business administration; concentration in accounting or finance preferred. 2. 5+ years of accounting and finance experience. Commercial real estate or investment management experience is preferred. 3. Strong technology skills; proficient in Microsoft suite, including advanced Excel skills. Experience with Yardi is preferred. Commitment to integrating artificial intelligence and machine learning tools. 4. Exceptional analytical and critical thinking skills. Ability to synthesize unstructured data into actionable insights and communicate to senior leadership in a clear, data-driven manner. 5. Strong work ethic. Able to work independently and collaboratively. Strong organizational and time/project management skills. 6. Intellectual curiosity and eager to continuously learn and develop. 7. Exceptional written and verbal communication skills. 8. Consistently professional demeanor and behavior. Key Responsibilities: Accounting and Financial Reporting: Manage and post monthly recurring journal entries. Prepare and post all other journal entries. Execute month-end and year-end closing processes utilizing Yardi, Excel, and Planful. Deliver timely and accurate monthly financial statements (API and consolidated) and supplementary API reports using Planful and Excel, providing leadership with clear insights into performance and liquidity. Manage sub-ledgers in Excel for investment portfolio assets. Extract and summarize investment K-1 data using K1 Aggregator. Prepare reconciliations and schedules that enable external consultants to complete annual financial and compliance projects efficiently and effectively. Audit partnership preference schedules annually to validate the accuracy of distributions and waterfall calculations. Extract and analyze real estate partnership data from multiple, unstandardized, and externally managed sources. Summarize insights, trends, and/or anomalies and lead quarterly presentations to the Management Team. Manage fixed asset and lease acquisition records in Yardi's fixed asset module. Ensure accurate asset classification and maximize available depreciation benefits. Manage the general ledger and chart of accounts. Provide account coding and general accounting guidance to the asset management team. Perform corporate-level expense allocation calculations (e.g. insurance and property taxes) and related journal entries to ensure accurate property-level recording. Strengthen internal controls and optimize processes by documenting procedures. Treasury and Loan Administration: Daily monitoring and monthly reconciliation of over 25 bank accounts, 2 escrow accounts, and 2 lines of credit across 5 financial institutions. Prepare lender reporting packages and covenant requirements for over 20 loans. Manage, review, and analyze legal documents, including debt and partnership agreements, utilizing eBrevia. Initiate bank and wire transfers. Process bi-weekly check runs using Yardi Bill Pay. Upload 100+ credit card transactions to the G/L weekly using Yardi's ETL upload functionality. Assist with various treasury management tasks such as opening and closing bank accounts. Asset and Market Analysis: Review quarterly industry and economic developments, develop and distribute a predictions survey, and present results to the Management Team to stimulate an intellectual dialogue. Analyze active and comparable commercial property transactions to identify market and valuation trends and present insights to the Management Team to inform acquisition strategies. Support investment due diligence activities by preparing discounted cash flow models and lease analysis to assess risks and returns. Stay informed of current real estate market and macroeconomic trends. Seek personal development opportunities to advance knowledge. Prepare ad-hoc financial and portfolio analysis, special projects, and other duties as assigned.
Salary Range: $100,000 - $120,000 depending on qualifications and professional experience. Position Overview: This dynamic role blends operational finance and accounting responsibilities with strategic analytical projects that directly influence strategic decision-making and support the continued growth of API's real estate and investment portfolio. Reporting to the Director of Finance & Accounting, this role begins as an individual contributor role with near-term opportunities for growth and role expansion. Our flexible hybrid work model empowers you to balance autonomy with collaboration. Company Overview: Alco Properties and Investments (API), a division of Alco Investment Company (Alco), is a commercial real estate investment and asset management firm. API manages a $1.5 Billion investment portfolio consisting of assets owned by Alco and affiliated entities, comprised of 50+ self-managed commercial real estate assets and an investment portfolio that includes 15+ real estate partnerships and 40+ venture capital investments managed by our partners. Although externally managed, our investment portfolio requires ongoing fiduciary oversight and analysis as well as the year-end collection and aggregation of over 50 Schedule K-1s. Alco Investment Company is a multi-generational family-owned S-Corporation comprised of over 60 shareholders, including individuals and trusts. The consolidated financial statements include API and its wholly-owned operating business subsidiary, Alaskan Copper Companies, Inc. (ACC). Alco and its affiliated entities are structured as pass-throughs for tax purposes (LLC, LLP, S-Corporation), and all entities report on the income tax basis of accounting. Mission: Responsibly create long-term value for our stakeholders by building a resilient portfolio and managing our assets and investments to the highest standards. Vision: Preserve and grow capital through disciplined and opportunistic investment selection, collaborative asset strategies, and sound risk management. Values: Transparency, integrity, excellence, curiosity, innovation, stewardship, and collaboration. Location: Federal Way, Washington (Hybrid). Our culture values flexibility and teamwork. As such, we strongly encourage employees to collaborate in the office on Tuesdays. Work location is at the discretion of the employee on all other workdays. Required/Preferred Skills and Experience: 1. Bachelor's degree in business administration; concentration in accounting or finance preferred. 2. 5+ years of accounting and finance experience. Commercial real estate or investment management experience is preferred. 3. Strong technology skills; proficient in Microsoft suite, including advanced Excel skills. Experience with Yardi is preferred. Commitment to integrating artificial intelligence and machine learning tools. 4. Exceptional analytical and critical thinking skills. Ability to synthesize unstructured data into actionable insights and communicate to senior leadership in a clear, data-driven manner. 5. Strong work ethic. Able to work independently and collaboratively. Strong organizational and time/project management skills. 6. Intellectual curiosity and eager to continuously learn and develop. 7. Exceptional written and verbal communication skills. 8. Consistently professional demeanor and behavior. Key Responsibilities: Accounting and Financial Reporting: Manage and post monthly recurring journal entries. Prepare and post all other journal entries. Execute month-end and year-end closing processes utilizing Yardi, Excel, and Planful. Deliver timely and accurate monthly financial statements (API and consolidated) and supplementary API reports using Planful and Excel, providing leadership with clear insights into performance and liquidity. Manage sub-ledgers in Excel for investment portfolio assets. Extract and summarize investment K-1 data using K1 Aggregator. Prepare reconciliations and schedules that enable external consultants to complete annual financial and compliance projects efficiently and effectively. Audit partnership preference schedules annually to validate the accuracy of distributions and waterfall calculations. Extract and analyze real estate partnership data from multiple, unstandardized, and externally managed sources. Summarize insights, trends, and/or anomalies and lead quarterly presentations to the Management Team. Manage fixed asset and lease acquisition records in Yardi's fixed asset module. Ensure accurate asset classification and maximize available depreciation benefits. Manage the general ledger and chart of accounts. Provide account coding and general accounting guidance to the asset management team. Perform corporate-level expense allocation calculations (e.g. insurance and property taxes) and related journal entries to ensure accurate property-level recording. Strengthen internal controls and optimize processes by documenting procedures. Treasury and Loan Administration: Daily monitoring and monthly reconciliation of over 25 bank accounts, 2 escrow accounts, and 2 lines of credit across 5 financial institutions. Prepare lender reporting packages and covenant requirements for over 20 loans. Manage, review, and analyze legal documents, including debt and partnership agreements, utilizing eBrevia. Initiate bank and wire transfers. Process bi-weekly check runs using Yardi Bill Pay. Upload 100+ credit card transactions to the G/L weekly using Yardi's ETL upload functionality. Assist with various treasury management tasks such as opening and closing bank accounts. Asset and Market Analysis: Review quarterly industry and economic developments, develop and distribute a predictions survey, and present results to the Management Team to stimulate an intellectual dialogue. Analyze active and comparable commercial property transactions to identify market and valuation trends and present insights to the Management Team to inform acquisition strategies. Support investment due diligence activities by preparing discounted cash flow models and lease analysis to assess risks and returns. Stay informed of current real estate market and macroeconomic trends. Seek personal development opportunities to advance knowledge. Prepare ad-hoc financial and portfolio analysis, special projects, and other duties as assigned.