Job Description

JOB SUMMARY

Responsible for the day-to-day accounting support functions for an assigned group of complex funds while working under minimal supervision.

Performs accounting and reporting including set up and accounting for complex multi-tier investment entities. Prepares monthly, quarterly and annual portfolio level consolidated financial statements and other client reporting. Responsible for oversight of fund level reporting and coordination of client equity contributions and distributions.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Performs intensive review of monthly property level reports.

Produces fund financial statements and other required financial information including but not limited to investor funded and unfunded commitments, asset accrual methodology and output. Maintains sharehold registries. Prepares periodic financial statements and assists with audit and tax preparation and audit review.

Prepares investment and positions reconciliations and daily reconciliation of cash balances. Performs periodic asset payment, cash and corporate action reconciliations. Posts journal entries and money-movement transactions. Ensures all fund transactions are properly posted to accounting system. Prepares and reconciles daily trial balances for assigned funds.

Updates and monitors daily trading, general ledger activity and pricing of funds to ensure accuracy of daily NAV calculation. Prepares, analyzes and review periodic NAV calculations. Participates in special projects including new fund set-up and fund closure.

Prepares investor capital call/distribution notices. Prepares IRR and performance reporting models. Assists with security master and reporting set-up. Assists in the implementation and maintenance of the accounting systems. Performs other duties as assigned.

Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.

OTHER SKILLS and ABILITIES

Intermediate knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.

SCOPE OF RESPONSIBILITY

Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to clients, co-workers and supervisor.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and EXPERIENCE

Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of five years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting preferred with real estate accounting or fund accounting software systems.

CERTIFICATES and/or LICENSES

CPA, CMA or other relevant professional certifications a plus.

COMMUNICATION SKILLS

Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.

FINANCIAL KNOWLEDGE

Requires intermediate knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an intermediate knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP). Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts intermediate financial analysis.

REASONING ABILITY

Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires intermediate analytical and quantitative skills.

OTHER SKILLS and ABILITIES

Intermediate knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications.

SCOPE OF RESPONSIBILITY

Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Responsible for setting own project deadlines. Errors in judgment may cause short-term impact to clients, co-workers and supervisor.