Vice President, Real Assets Accounting

Role Overview

• Accurately report financial data for property level entities and fund level entities in accordance with deadlines.
• Properly present investment company financials for parallel funds and SPVs.
• Ensure that Generally Acceptable Accounting Principles are being adhered to for all financial reporting periods, financial presentations and footnote disclosures.
• Closely work with and review Fund Administrators’ journal entries, capital calls, distributions, and financial statements.
• Manage annual financial filing requirements in multiple jurisdictions including Cayman, Jersey, and Luxembourg.
• Prepare supporting schedules for all material balance sheet accounts.
• Perform variance analysis and timely reconciliation of general ledger accounts.
• Provide lenders with debt compliance and other financial information as required by loan documents.
• Review quarterly net asset value and price per unit in accordance with fund documents.
• Effectively manage multiple weekly, monthly, and quarterly deadlines.
• Work with team to properly prioritize ad hoc requests in addition to required reporting deadlines per limited partnership agreements.
• Effectively communicate with team members and management.
• Prepare and present accounting, budgeting, reporting, and accounting system matters to senior management.
• Prepare revenue and expense forecasts.
• Determine and monitor cash requirements on a recurring basis.
• Well versed in calculating fund returns.
• Able to interpret waterfall terms per limited partnership agreement and prepare calculation to determine preferred returns to investors and carried interest earned by general partner.
• Experience interpreting limited partnership, long terms lease, and mortgage documents.
• Experience with reporting investment activity to institutional investors.
• Respond to requests for information from lenders, owners, and investors.
• Coordinate with external auditors and tax preparers for year-end audit and tax return preparation.
• Monitor procedures and internal controls to ensure compliance with Company policies and make recommendations for improvements.
• Implement effective internal controls and recommend to management the implementation of policies, procedures, processes and controls based on continual analysis of current accounting processes.

Requirements

• Seven plus years of private equity real estate accounting experience.
• Understanding of complex fund structures including foreign currency exposure and hedging.
• Knowledge of REIT rules and tax implications, a plus.
• Experience working with third-party fund administrators.
• “Fair value” accounting background.
• Understanding of debt agreements.
• Must be deadline focused, organized, detail oriented, and exhibit problem-solving skills, able to handle multiple deadlines at the same time.
• Ability to efficiently utilize excel spreadsheets and accounting software systems.
• Able to thrive in an entrepreneurial and proactive environment.

Benefits

• discretionary bonus based on individual and team performance