The position of Real Estate Fund Accountant will assist the company's accounting and operations functions. The successful candidate will be responsible for overseeing internal accounting activities relating to the firm and its growing portfolio. This is an excellent opportunity for a motivated, hands-on professional to join an entrepreneurial, high performing platform and contribute to its continued growth. The position will have primary responsibility for financial reporting, HR & IT administration and cash management. This position will report into the Chief Operating Officer.
Prepare and review monthly NAV, reporting packages, financial statements, and performance.
Provide strategic oversight in relation to cash management, vendor management and compliance related issues and participate in the gradual build out of the organization.
Participate in the preparation of regulatory filings as needed.
Analyze and recommend enhancements to the Firm's policies and procedures in order to strengthen controls around key areas of operational risk.
Act as a key point of contact with the Firm's third-party audit firm and tax professionals for the completion of annual audits and tax returns.
Assist with payroll, including the accounts payable process, coding of all invoices, approval of all batch entries and the 1099 annual reporting process.
Provide oversight to the cash management process and liaise with the firm's banking partners as well as assist with cash management and forecasting for all funds under management.
Manage other vendors including insurance, IT, etc.
Participate in special projects as required by the CEO and COO.
Collaborate with management to develop and oversee Annual Operating Budget;
Semi-annual budgeting and projections;
Oversee bank reconciliation, profit/loss and cash flow, balance sheet, statement of cash flows;
Produce Budget to Actual report with Variance Explanation for entity;
Profit/Loss and Cash Flow;
Statement of Cash Flows;
Coordination with audit/tax partner for adjustments/placeholders;
Review invoices, prepare accounts payable and enter into QuickBooks;
Maintain monthly income tracking report;
Reconcile checking/savings accounts;
Minimum 5+ years of Fund Accounting experience in a Real Estate Investment firm, REIT or fund administrator.
Knowledge of commercial real estate debt investments and financing debt positions through various structures including repurchase facilities and securitizations (CLO and CMBS).
BA/BS in accounting, business, finance or related. CPA preferred.
Ability to work in an entrepreneurial environment and show a willingness to collaborate and multitask.
Leadership skills and the ability to effectively manage people and processes.
Strong project management, analytical and organizational skills.
This Real Estate Fund Accountant role is located in Manhattan New York so please only apply if you are able to travel to this location for initial training, have relevant experience for the role and are eligible to work in the United States. The salary is dependent on experience, however the initial range is $110-150k base plus bonus. If your profile matches the above criteria, please contact me on **firstname.lastname@example.org**