USAA Real Estate

  • Technical Accounting Assistant Manager

    Job Location US-TX-San Antonio
    # of Openings
  • Company Overview

    Acquiring, developing, financing and managing quality real estate investments since 1982, USAA Real Estate provides superior returns investing across the risk spectrum, with expertise in office, industrial, multi-family, retail and hotel assets. Investing for the USAA membership and aligned with more than one hundred investment partners across the world, we maintain an “Investor First” mindset with a significant co-investment in all programs. As the real estate investment management arm of USAA, a leading financial services company serving military families since 1922, USAA Real Estate has achieved a track record of success living up to the high standards set at USAA and sharing its culture. USAA’s balance sheet puts us in a position of strength – well capitalized to invest in multiple strategies. This is a distinct competitive advantage. USAA Real Estate is headquartered in San Antonio, Texas.

    Job Description

    The Technical Accounting Assistant Manager assists with the review and analysis of joint venture, partnership, acquisition, debt and other legal documents to determine the appropriate accounting and reporting for the entities and transactions. This role could also lead the implementation of new accounting pronouncements and determine impact to the organization. This role is responsible for developing, executing, and reviewing the results of financial and operational controls. This role could also be responsible for general accounting functions relating to a real estate portfolio consisting of office, multi-family, industrial, retail and hotel properties to include joint ventured properties. This role could also be responsible for processing, reviewing, analyzing, and recording property and portfolio related operating data into financial statements in accordance with Generally Accepted Accounting Principles and assist with drafting notes to financial statements.

    Essential Duties

    1. Assist with the review and analysis of a wide range of documents and draft comments to be discussed with internal and external operations, legal and accounting teams.
    2. Lead the implementation of new accounting pronouncements and determine impact to the organization.
    3. Support and assist the investment and fund accounting teams by researching technical guidance on complex transactions and issues.
    4. Interact with internal and external customers, other accounting team members, asset managers, property managers and all necessary departments to ensure prompt resolution of issues and achieve maximum efficiency of operations.
    5. Maintain documentation of operational and financial controls. Update, execute and document the results of controls tests. Review documentation of the results of controls tests.
    6. Prepare and analyze quarterly/annual financial statements including supporting schedules in accordance with GAAP.
    7. Prepare work papers and ensure the fulfillment of financial reporting requirements for external and internal audits and tax accountants. Inform management as to any discrepancies or any other problem areas that may exist that arise from the audit.
    8. Record the fair value adjustments for investments in real estate and debt in order to prepare quarterly/annual fair value financial statements.
    9. Assist in forecasting of monthly financial results and cash projections based on budgets and known trends. 
    10. Assist with special projects and other related duties as may be assigned.

    At USAA Real Estate our employees enjoy generous benefits packages including comprehensive medical, dental and vision plans, 401k, USAA Membership eligibility, educational and professional designation assistance, business casual dress attire and much more! Qualified applicants must successfully complete a comprehensive pre-employment background screening and drug screening.  The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.


    USAA Real Estate Company is an Equal Opportunity and Affirmative Action Employer of Females, Minorities, Veterans and Disabled.


    Minimum Qualifications

    • Bachelor's Degree in Accounting.  
    • CPA required.
    • 4+ yrs. Accountant experience. 
    • Current US GAAP technical knowledge and research capability.

    Preferred Qualifications

    • Commercial real estate experience.
    • Experience w/ Yardi or real estate accounting software.
    • 2+ yrs. of Public Accounting exp. 
    • Qualifications may warrant placement in different job title.


    <p style="margin: 0px;">We apologize for the Share function not working properly at this moment. Please try refreshing the page or try again later.</p>
    Share on your newsfeed