Career Opportunities

KIC

The Kensington Investment Company, Inc. (KIC), is the family office of the Lewis Family.  KIC’s primary areas of investment include real estate, direct investments in private companies, and alternative investment vehicles, such as private equity and venture capital funds.

In addition to real estate and other investments, the Lewis Family owns Grand Circle Corporation (GCC), which operates through the brands Grand Circle Cruise Line, Overseas Adventure Travel, and Grand Circle Travel, and is the nationally recognized leader in international travel, adventure, and discovery to Americans over the age of 50.

The Lewis family and KIC have formalized their commitment to changing people’s lives and giving back to the communities where they travel, live, and work through philanthropic endeavors, which include Pinnacle Leadership Foundation, Lewis Family Foundation, Grand Circle Foundation, and the Eastman’s Corner Foundation.

Top Goals for Staff Accountant

1. 60%– Manage the Daily Cash Transactions

• Download the daily balances from all banking platforms
• Download all new transactions
• Run the Sage Bank Transaction Report
• Reconcile variances
• Update any missing transactions in Sage 300

2.  30%- Book all monthly revenue for the Real estate portfolio with the goal of achieving zero A/R balances by the 14^th of each month

• Post the monthly scheduled charges
• Initiate the ACH pull in the bank portal for tenant payments
• Post the cash receipts of tenant payments
• Generate A/R reports for Property Managers
• Print 14 day notices and deliver to the Property Managers

3.  10% – Provide accounting support to enable the monthly Real Estate consolidation by the 15^th of each month

• Enter and electronically file leases at signing
• Assist in the reconciliation of basic G/L accounts
• Print and file monthly financial reports after the consolidation

Position Summary: 

The candidate is a highly motivated professional focused on providing support to the Finance Team and Property Managers. This will be accomplished through setting goals to update cash balances and reconciling the cash accounts on a daily basis to assist the company in having “real time” cash flow projections. The candidate has “hands on” experience with bank account reconciliations as well as booking entries to the General Ledger and posting cash receipts to generate Accounts Receivable reports. This individual must be  comfortable working within a fast paced privately held family office, and committed to supporting Kensington’s long term goals.  This candidate needs to be focused, eager to learn, a forward thinker, and have a high sense of urgency while still paying close attention to detail.  The candidate should also exemplify the Company’s key values of Open and Courageous communication and Risk Taking by raising issues openly and timely followed by recommended actions.

Job Location:           Boston

Position Type:          Full-Time

Reports to:               Senior Real Estate Accountant          

Salary:                       Commensurate with experience

Direct Reports:        None

Primary Responsibilities:

The Staff Accountant is primarily responsible for providing support throughout the monthly financial statement close process. This includes, but is not limited to, downloading and recording the daily cash transactions for all bank accounts, reconciling cash account variances between Sage and the bank portals, posting monthly scheduled charges in Sage, and the corresponding cash receipts to provide up to date A/R reports. Providing these services in an effective and efficient manner will ensure that the Company’s finances and cash flow are accurate and the Company is in compliance with internal and external financial reporting requirements.

Primary Responsibilities and Essential Duties:

• Download and record daily cash transactions from multiple bank portals
• Perform reconciliations for all bank accounts
• Post the monthly scheduled charges for tenants
• Post the tenant cash receipts and generate A/R reports for Accountants and Property Managers
• Electronically file new leases at signing
• Perform ad-hoc analysis and other job related duties as assigned.

Required Skills:

• Excellent interpersonal skills
• Strong work ethic, self-motivated, and a team player
• Effective verbal and written communication skills
• Strong PC skills, including proficiency in Microsoft Word, Outlook and Excel, Sage 300.

Desired Qualifications: 

• Minimum (1-3) years accounting experience
• BS degree in Accounting or similar
• Experience working in a fast paced work environment.

Qualifying Personal Surveys:  All eligible candidates will be required to complete a Predictive Index and Leadership Evaluation Assessment survey; Drug screening, and Background check.