Controller, Credit Accounting

RESPONSIBILITIES:

Reviews full-cycle accounting of assigned portfolio of fund(s), co-investments, investments including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers, budgets, cash flow projections and review of job cost reports.

Prepare and/or review general ledger close, including eliminations, accruals for fund level expenses, approving/processing invoices, and month-end reconciliations.

Prepare and/or review fund, co-investment, and investment level financial statements and key liaison with Financial Reporting to assist in the preparation or review of financial statements to meet investor requirements.

Review investment-level and fund-level lender reporting packages as well as pro-forma covenant calculations, as necessary.

Analysis of fund and investment operations; accurately applies distribution allocations to calculate incentive allocations and performance returns applying knowledge of legal agreements and fund structure, including complex co-invest and joint venture structures as well as fund and property level debt agreements.

Prepare and/or review contribution, distribution calculations, waterfall calculations for funds, co-investments and joint ventures, as needed.

Accounting for acquisition and disposition of assets and booking of required funding.

Assist in set-up of accounting structures.

Assist in Treasury functions including monitoring/repayment of the fund credit facility, liquidity management, cash projections and review of cash transfers.

Provide information for and take part in audit and tax preparation.

Collaborate cross functionally across various teams whilst supporting middle office, tax, legal financial reporting and treasury functions for the Funds and entities.

Assist with research on technical accounting matters, including the ability to document in memos as necessary.

EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)

Bachelor's Degree in Accounting, Finance or related field.

7-10 years of related experience.

Knowledge of various asset classes, including open and closed-end real estate fund structures (subsequent closes, capital calls, distributions), PE fee structures (management fees and carried interest) valuation approaches (NAV), accounting and reporting processes

Prior Fund accounting experience including preparation/reviews full-cycle accounting of assigned portfolio of fund(s), co-investments, investments including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers in Yardi platform.

Working knowledge of PE accounting ledger and associated hands on Yardi system experience

Big 4 or other Public Accounting Experience (preferred)

CPA (preferred)

MBA, CFA or additional designation a plus

Must be proficient in Microsoft Office (i.e. Excel Pivot Tables, Sum-If, V-Lookups etc).

ABOUT YOU:

Ability to build and implement new workflow and procedures working across multiple stakeholder groups.

Strong written and verbal communication skills

Ability to solve practical problems and continuously identify new ways to improve processes.