Director, Fund Accounting and Reporting

About the role

This position within Core Spaces embraces ambition and innovation to serve the Core Spaces development and operating funds. The Fund Accounting & Reporting Director is responsible for the oversight and management of financial statement preparation and annual audit, accounting month-end close, cash management, as well as investor communication and deliverables.

Responsibilities

• Maintain active oversight of the monthly accounting close calendar, including management of process flow, suggesting and incorporating policies and procedures to improve efficiency and change management in alignment with all Finance and Accounting Teams.
• Review governing documents of the Funds to ensure compliance.
• Perform analysis over Fund performance and communicate results, including cash management, IRR, and performance fees.
• Play an active role in the Valuation process, ensuring compliance with Valuation Policies.
• Review of external financial statements and internal deliverables to executives for completeness and accuracy.
• Serve as the technical accounting resource for accounting matters, including financial reporting and transactional guidance in accordance with GAAP, Investment Company Guide, and REIS.
• Prepare technical accounting memos of positions taken by the Fund.
• Oversee Fund Audits and coordination with external auditors to ensure timely completion.
• Act as key point of contact with Fund Administrator and other related parties to ensure timely and accurate communication with Investors.
• Lead Accounting Managers or other support staff as necessary for department operations.
• Builds employee engagement, morale and motivation.
• Ownc continuous improvement of processes and procedures.
• Occasional travel may be necessary as needed.

Requirements

• Bachelor’s degree in accounting or finance required; CPA or Masters’ preferred.
• Minimum of 8 years of experience across public accounting and/or the real estate industry.
• Background in accounting for various types of entities, including private equity funds and REIT’s.
• Experience in Yardi and Proficiency in Microsoft Office.
• Excellent interpersonal and organizational skills.
• Ability to multi-task and manage shifting priorities in a fast-paced environment.
• Attention to detail and high level of accuracy.

Qualifications

• Experience With Valuations within the Real Estate Sector.
• Fair value technical accounting in accordance with the Investment Company Guide.
• Leading and executing process improvement initiatives.
• Organizational Structure Reports to: Senior Vice President, Fund Controller.
• Direct Reports: Senior Associate(s) of Fund Accounting, Manager(s) of Fund Accounting.

Skills

• Technical accounting expertise.
• Financial reporting and transactional guidance.
• Compliance with GAAP, Investment Company Guide, and REIS.
• Process improvement initiatives.

Benefits

• Competitive pay that values your contributions.
• Incentives designed to reward your achievements.
• Paid flexible PTO to disconnect or celebrate life milestones.
• Paid 14+ holidays, including your birthday, to disconnect and celebrate.
• Paid Parental Leave that begins after 90 days.
• Paid volunteer time off to give back to your community.
• Monthly workshop weeks; fewer meetings & more collaboration.
• Robust health plan options that begin within at least 30 days of your employment.
• Monthly phone reimbursement.
• Wellness allowance and perks, including a yearly subscription to a meditation app.
• Employee Assistance Program (EAP) for access to confidential support services.
• Company retirement options including 401(k) + matching & Roth account option.

Pay

USD $160,000.00 - USD $190,000.00 /Yr.

Schedule

Full-time