Real Estate Accountant

Real Estate Accountant

Prologis, Inc. is the global leader in logistics real estate. In partnership with our customers and our communities, we develop modern, high-quality properties that set the standard for innovative building design and sustainability. Prologis owns or has investments in properties and development projects of ~1.2 billion square feet in 19 countries and enables 2.8% of the world's GDP. We have committed to achieve net zero emissions by 2040. Beyond real estate, our Essentials platform optimizes the company's global asset portfolio to provide our customers solutions that address today's warehouse and shipping challenges. Prologis Ventures invests in logistics innovation and technology companies to modernize supply chains worldwide.

A day in the life Our Real Estate Accounting team is responsible for the external reporting of our reporting portfolios (operating, development, land and energy) and capital deployment activities for Prologis, a large multi-billion dollar global Real Estate Investment Trust listed on the S&P 500. As an Accountant on the Real Estate Accounting team, you will be responsible for development and land project tracking within our systems, reporting of capital deployment activities and account / job cost reconciliations. In addition, this role may be involved with other areas of real estate accounting, such as capitalized interest and ad-hoc projects.

Key responsibilities include :

• Prepare and analyze financial information and supporting schedules, including our capital deployment activities, for both internal and external reporting in conformity with Generally Accepted Accounting Principles
• Prepare account reconciliations for real estate accounts to assess validity, correctness and appropriateness of balances; preparing adjusting entries when required
• Reconcile and review our job costing module activity and reconcile with general ledger
• Updating our land tracking module for site changes and other activities
• Review of capital expenditure activity under our established internal policies and procedures
• Assist with the preparation and reconciliation of current forecasted investment (CFI) of our development projects
• Act as a liaison between accounting and development / deployment teams to assist with tracking and reporting needs of the teams
• Update tracking information of our development projects
• Review stabilized development reviews of our building development projects
• Involvement in our capital expenditure help desk and transfer cost process
• Understand capitalization and other policies to enter journal entries into PeopleSoft in accordance with Generally Accepted Accounting Principles
• Provide recommendations for improving current practices
• Other duties and special projects, as assigned

Building blocks for success Required :

Hiring Salary Range of : $68,000 - $84,000. Salary and whole compensation package (bonus target) to be determined by the candidate's location, education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

People First

Each of us working at Prologis plays an essential role in the enduring success of our company. We value people who are decisive, courageous and adaptable. While we are one company, locations and departments operate with autonomy and accountability. Individuals take the initiative here. When you join Prologis, you work shoulder to shoulder with some of the top talent in the industry to do the best work of your career. Every employee belongs. Every employee contributes. Employees advance their careers here. As a successful global enterprise, Prologis has never lost sight of what matters most, our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and take a lot of time to focus on quality management and leadership development.

All full-time roles in the US come with a robust benefits package which includes healthcare, dental, and vision insurance for employees and eligible dependents. Prologis also offers several other wellness, financial, and work / lifestyle-specific benefits. Our 401(k) retirement plan has a company match of 50% up to 12% of eligible compensation. We also offer generous PTO with a starting accrual of 22 days a year in addition.