Summary
The role sits on a small accounting team, and will provide exposure to all different aspects of finance and accounting, specifically supporting the firm’s largest investment fund. This is an exciting opportunity to help make an impact and grow with a rapidly growing leader in the space!
Company Information:
- $80B AUM
- Investments across commercial, industrial, hotel, and residential properties
- 30+ Years in Business
- Typical Day: 8:30am – 6:00pm!!
- HQ in Midtown, NYC
- Hybrid work schedule, in office 2-3 days a week. Also flexibility to work fully remote during holiday times.
- Breakfast and lunch catered in office
- Great culture, young and fast paced environment
- Lots of opportunity to move around the business. If you prove yourself you can move into finance, investment team, etc.
- High employee retention rate – position open due to someone being promoted/moved internally
- Small accounting team
Job Description:
- Review and analyze property financial reports that include incomes statements, balance sheets, general ledgers, cash flow statements and other support documentation
- Provide variance explanations for a portfolio of real estate assets.
- Investment level accounting functions, including compilation of acquisition, disposition, loan financing entries and fair value adjustments
- Waterfall entries, minority interest entries, elimination entries, portfolio consolidations and reporting, maintenance of portfolio support schedules.
- Monitor portfolio cash needs through periodic review of property level funding requests
- Forecast cash activity and client distributions requirements.
- Calculate portfolio investment returns
- Quarterly investor reporting including preparation of investor statements and fee statements.
- Prepare requests for new legal entity setup
- Special projects
Requirements / Qualifications:
- Bachelor’s Degree in Accounting
- 1-4 years of work experience
- CPA preferred
- Financial services preferred
- Strong Excel and data management skills
- Ability to thrive in a fast-paced environment
