Experienced Manager of Fund Accounting

Manager of Fund Accounting

Primary Responsibilities

• Prepare and maintain the financial books and records for the real estate private equity portfolio, specifically its fund entities
• Demonstrate knowledge of private equity fund structures, proficiency in accounting for complex transactions and understanding of fund governing documents
• Lead year-end audit and reporting process including coordination with clients, auditors and tax teams
• Collaborate with the Investor Relations team on the preparation of client deliverables, as well as the workflow for capital calls and distribution processing
• Utilize the existing investor relations software to run waterfall calculations and assist in pivoting the departments use of future investor relations softwares as the company continues to grow
• Aid in the preparation of Fair Market Value calculations in accordance with GAAP
• Calculate and report on various project metrics (IRR, cash-on-cash, unrealized gains, etc.)
• Prepare fund administration fee calculations and process payments to fund administrator
• Provide relevant investment tax knowledge to both internal and external clients
• Monthly review of investments and coordinate with Asset Management and Property Management teams for variance reporting
• Seek out and recommend operational improvements that lead to increased efficiency and scalability
• Lead and work on ad hoc client projects and internal initiatives

Required Qualifications

• Bachelor’s degree in Accounting or Finance
• 7+ years of fund accounting experience in either Real Estate Private Equity, Private Equity Funds, Private Equity Fund Administrators, or other financial institutions where the candidate has gained financial products knowledge
• General knowledge of real estate transactions and syndication models
• Experience in preparing capital calls and distributions including complicated waterfall models
• Comfortable in understanding and navigating through partnership agreements and fund legal documents
• Strong attention to detail and accuracy
• Superior problem solving, analytical, judgment and decision-making skills
• Ability to think independently, prioritize, multi-task, and meet deadlines
• Extensive Microsoft suite skills
• An ability to work under pressure to meet tight deadlines and balance multiple priorities
• Strong organizational skills with the ability to own and see projects to completion
• Self motivated and proactive with the ability to work independently as well as be able to effectively work on a team

Desired Qualifications

• CPA or other relevant professional designation
• Knowledge of tax implications specific to the industry