Investment Accounting Manager - Nuveen Private Funds Finance
Lead the review of accounting policies and procedures, ensuring accurate application to financial transactions. Collaborate directly with asset management, portfolio management, and acquisition/disposition teams. Guide a team in preparing month-end closing reports and subsidiary quarterly financial analytics, reporting to senior management to ensure precise asset evaluations.
Responsibilities
- Review Generally Accepted Accounting Principles (GAAP) work papers and supporting schedules to satisfy all investment accounting requirements for internal and external audits.
- Identify key financial takeaways and information for joint ventures to ensure compliance with investment accounting policies and procedures (sales, acquisitions, debt refinancing, real estate investment trust (REIT) restructuring, and financial performance).
- Review frequent and ad-hoc financial inquiries into monthly and quarterly reports, providing management insight into the activities of underlying properties.
- Analyze calculated unlevered and levered, gross and net portfolio performance returns and property internal rates of return.
- Provide expertise and advice on converting modified cash basis accounting information from third-party management firms to accrual basis for fair value GAAP financial statements.
- Manage large processes in reporting and investment accounts, guiding and mentoring junior professionals.
- Oversee accounting processes for unregistered funds and separate accounts with investments in corporate and convertible bonds, senior loans, collateralized obligations, equity securities, and derivatives.
- Oversee a global team of accounting professionals, providing direction for daily operating activities.
- Identify areas of improvement and implement necessary enhancements.
- Participate in new product launches, advising on requirements, processes, risks, and costs from a Finance perspective.
- Represent the Finance team in technology enhancement working groups.
- Prepare and review fund financial statements.
- Conduct monthly and quarterly NAV closes.
- Calculate management and incentive fees.
- Track and approve expenses.
- Review service providers.
- Advise clients on various ad-hoc inquiries.
Requirements
- 5+ years of accounting and financial statement reporting experience (7+ years preferred).
- Degree in Accounting or Finance (preferred).
- In-depth knowledge of partnership accounting, investment management, and alternative products.
- Experience with Global Investment Performance Standards.
- Experience interacting with internal and external auditors.
- Attention to detail and ability to multi-task.
- Excellent organization skills.
- Proven track record for managing complex projects and transactions.
- Experience with WSO, Advent Geneva, Efront, or MS Suite.
Skills
- Accountability
- Accounting Standards
- Business Acumen
- Client Relationship Management
- Collaboration
- Communication
- Compliance
- Data-Driven Business Intelligence
- Due Diligence
- Executive Presence
- Financial Acumen
- Financial Modeling
- Financial Risk Management
- Financial Statements
- Fund Accounting
- Market/Industry Dynamics
- Stakeholder Engagement
- Storytelling
Pay
Base Pay Range: $93,400/yr - $110,000/yr. Actual base salary may vary based on relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. The competitive compensation package may also include participation in an incentive program linked to performance.
Benefits
The organization offers a comprehensive Total Rewards package, including a superior retirement program and highly competitive health, wellness, and work-life offerings designed to support physical, emotional, and financial well-being.