All Positions Middle Management

Fund Accountant

Industry: Real Estate

Location: West LA

Compensation: $80K – $95K + Bonus

Contact: Raul Gonzalez

Investment firm, provider of commercial real estate debt primarily focused on financing complicated, highly structured real estate transactions and providing bridge loans, has an immediate need for a Fund Accountant.

Responsibilities include:

• Assist in cash management activities including: monitoring bank account balances, allocations, distributions, maintaining investor capital accounts and coordinating with internal departments to prepare daily cash reports for upper management
• Prepare complex quarterly management fee calculations, maintain distribution waterfalls, and calculate periodic distributions to investors from profits
• Participate in coordinating the transition/setup of a new fund administrator
• Review internal valuation and cash flow models for all funds
• Prepare quarterly debt compliance packages
• Update borrowing base certificate and request for borrowing as needed
• Work with fund administrator to deliver required reporting
• Respond to investor requests in a professional and timely manner
• Perform other ad hoc duties as requested or as responsibilities dictate

Requirements include:

• 3 – 5 years’ of fund accounting experience with alternative investments (real estate debt preferred)
• BA/BS in Accounting/Finance
• CPA preferred
• Ability to understand partnership agreements and to interpret reporting requirements and economic implications
• Highly organized, with ability to efficiently prioritize work assignments and meet deadlines
• Must be able to work independently, but contribute in a team-oriented environment
• Strong verbal and written communication skills
• Strong computer (Excel, Word, accounting systems) and analytical skills

This is a great opportunity for someone to leverage their current experience and get involved with a cornerstone organization. The IPO experience they will gain can very well catapult their career and attract exceptional opportunities further down the road.

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