Vice President, Fund Accounting - Real Estate Vice President, Fund Accounting - Real Estate …

Rimrock Associates, Inc.
in New York, NY, United States
Permanent, Full time
Be the first to apply
100,000-150,000
Rimrock Associates, Inc.
in New York, NY, United States
Permanent, Full time
Be the first to apply
100,000-150,000
Responsible for ensuring that real estate funds and real estate fund managers are provided with accurate and timely accounting services

Accounting:

  • Review  Quarterly/Monthly reports and working papers, which include: cash and position reconciliations and expense accruals
  • Agree Dividends and Interest Accruals if applicable
  • Review all capital activity pertaining to the funds (Capital Call and Distribution processing)
  • Review Limited Partner and General partners/Shareholder Allocation ; calculations/schedules – includes view of Admin/Management fees/Waterfall/Clawback calculations
  • Trial balances and related working papers
  • Financial statements, footnotes and Partner Capital Statements


Operations:

  • Overall responsibility for client relationships, inquiries and meetings
  • Interact with Senior Management and clients
  • Review procedures and recommend solutions in order to improve efficiencies
  • Ensure adherence to all internal and external audit standards
  • Coordinate, manage and monitor external audit process
  • Liaise with clients and assist them on accounting and administrative issues and relevant developments
  • Provide technical accounting/industry knowledge to clients
  • Review client partnership agreements, PPM’s and other materials
  • Implementation of fund structures onto accounting system
  • Preparation of client service plans including annual budget
  • Liaising with property management companies


Team Management:

  • Review the work of team members and provide feedback for improvement in order to guarantee timely delivery and quality of work
  • Monitor and track team performance and profitability in order to meet the client service level agreements and achieve financial targets
  • Plan resources in line with business demands, participate in the recruitment and selection process, lead, coach, develop and appraise employees within the team
  • Establish plan for new client setup and transitions
  • Keep Senior Management abreast of all material issues affecting the processing of deliverables
  • Ad Hoc Reports requests and operations metrics as required by management
  • Implement training initiatives
Close
Loading...