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


  • 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


  • 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