The Senior will be responsible for the day-to-day accounting of assigned fund & co-investment books in addition to supporting the controller & manager with reoccurring/ad hoc requests, gaining an understanding of investment structures, monitoring/reconciling cash activity and compiling financial reports & operational metrics.
ESSENTIAL FUNCTIONS:
Prepare daily accounting of assigned books to ensure consistency & accuracy of the general ledger and timeliness of closes
Create, reconcile, and validate entries to balance sheet and income statement accounts to close books either monthly or quarterly
Prepare consolidation entries including eliminations, profit & loss pick up and noncontrolling interest allocations
Maintain bank accounts, monitor cash balances, record cash activity, and prepare bank reconciliations
Prepare wire requests related to financing, acquisitions, funding reserves and payment of expenses
Prepare or assist in management fee calculations
Assist with fund level contribution, distribution and redemption calculations, as well as summaries and notices
Assist with real estate investment & debt schedules for valuations, prepare fair value entries and supporting cost & debt rollforwards
Prepare schedules and support for audits, tax preparation and valuations
Prepare lender covenant reporting for assigned fund investments
Support Financial Reporting with financial statement & footnote schedules, operational metrics, due diligence questionnaires (DDQs), and investor reporting
Assist in reoccurring and ad hoc internal requests accurately and timely
NON-ESSENTIAL FUNCTIONS:
Work overtime as needed and with short notice (for time sensitive requests)
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
Bachelor’s degree in accounting or related field
3+ years of previous accounting experience
Real estate/private equity experience (preferred)
Big 4 or other public accounting experience (optional)
CPA (optional)
KNOWLEDGE, SKILLS AND ABILITIES:
Demonstrated knowledge of GAAP accounting
Ability to organize and manage multiple tasks in a detailed and deadline-oriented environment
Strong written and verbal skills
Proficient in Microsoft Office, especially Excel and Word
Experience in Yardi, MRI, J. D. Edwards or comparable software
PERFORMANCE METRICS:
Accuracy of general ledger and reporting deliverables
Timeliness of closes and reporting deliverables
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