Summary
Seeking an experienced accounting professional. This role is a Senior Associate with primary responsibilities related to supporting Real Estate Team and our Open-Ended Real Estate Fund. This role will require specialized experience in Real Estate Fund Accounting as well as experience dealing with property level accounting as well.
Company Information:
Growing Family Office expanding into the Real Estate space.
Job Description:
- Drive success to the operations and administration of Open-Ended Real Estate Fund.
- Manage the day-to-day oversight for key relationships with global best-in-class service providers (fund administration, external valuations service provider, public accounting firm).
- Work with the Investment, Finance, and external fund administrator teams to process capital calls, distributions, wire transfers, and investor updates.
- Assist the Real Estate Team as needed with a flexible ability to be able to work effectively with third party property managers, operating partners, joint venture executives and lenders.
- Assist with review of quarterly valuation analysis and play a key role on the valuation committee.
- Assist in review of quarterly GAAP financial statements and Limited Partner reporting packages prepared by fund administrator.
- Support Finance team with special projects including preparing slides, maintaining dashboards, and providing ad-hoc reporting.
Requirements / Qualifications:
- 6+ years of experience in public accounting, industry fund accounting – experience in real estate at an investment manager and/or relevant experience at a global fund administration firm is a must.
- Technical expertise in open ended fund structures, REITs, real estate accounting experience (operating/non-operating models/equity pickup models/fair value accounting) is highly desired.
- Technical knowledge regarding investment valuations under Investment company accounting guidance – ASC 820.
- Has general tax knowledge and experience specific to real estate investments and fund structures.
- CPA certification is required, NCREIF membership/familiarity is a plus.
- Experience in software packages such as Yardi and Investran is a plus.
