Director of Fund Accounting
Référence du poste
Ligne de service
Advisory Segment
Type de rôle
À plein temps
Centres d'intérêt
Comptabilité/Finance, Asset management / Gestion d'actifs
Bloomington - Minnesota - United States of America, Chicago - Illinois - United States of America, Dallas - Texas - United States of America, Los Angeles - California - United States of America, New York - New York - United States of America, Washington - District of Columbia - United States of America
Chief Financial Officer or Fund Controller for a number of funds within a business line. Provide accurate and timely client reporting for assigned portfolios of investment funds. Implements processes to ensure compliance with reporting requirements. Manages client relationships for various funds. Supports new business initiatives. Plays a role in the implementation and maintenance of accounting processes and systems. Typically responsible for large complex fund(s) and involved in the detailed accounting and finance activities. 

Financial Statement & Budgets: Responsible for one large complex fund or a number of smaller less complex funds in a business line. Reviews and verifies financial information including monthly, quarterly and annual financial statements for commingled funds and separate accounts prior to submittal to client and investors. Produces statements and other required financial information including but not limited to investor funded and unfunded commitments, asset accrual methodology and output. Provides qualitative analysis and comments. Maintains shareholder registries. Prepares periodic financial statements and assists with audit and tax preparation and audit review. Reviews the work of junior team members. Manages portfolio budgets, forecasts and reports for clients/investors. Monitors Financial Performance: Monitors financial performance, provides a forward-looking view and strategic advice to the executive leadership team. May compile and analyze detailed data where required. Assists Senior Management with implementation of strategic department and corporate initiatives. Reviews periodic P&L calculations at the fund and investor levels. Treasury Function: Manages the treasury/ cash management function. Reviews and signs-off on fund level bank account reconciliations. Negotiates with banks and financial institutions, handles financing arrangements and execution of loan agreements. Maintains relationships with external parties. Risk Management: Manages financial/legal/tax risks and ensures segregation of duties and a suitable control framework is in place.

New Business Participation & Structuring: May participate in new business proposals. Manages capital request and budgeting progress, reviewing new contracts and business opportunities. Manages financial transactions related to new business proposals. Assists on structuring investments and raising capital. Sets up, analyzes and reviews fund structures, joint venture structures and underlying inquiries, subscriptions, and redemptions terms and conditions. Pricing Platform & Fund Valuation: Reviews and analyzes scope of service changes from team managers, and prices additional services based on in-depth knowledge of the department's pricing platform. Identifies and recommends consulting opportunities and/or scope of service changes. Creates pricing estimates for new business opportunities. Ensures monthly pricing allocations are accurately entered into PeopleSoft (for regions using PeopleSoft). In Asia, maintains Fund Valuation Principals “FVP” for limited partnership interest pricing, NAV Calculation: May review junior team member's work product, including NAV calculations, financial packages, to ensure its complete, accurate and timely release to internal departments and external clients. Investors' Contact: Is a contact point for investors. Feeds data for client presentations. May design and prepare presentations on financials. Reviews/prepares IRR and performance models. Customer Service: Troubleshoots escalated issues and ensures internal and external customer requests are handled timely, accurately and with a focus on customer service. Creates a positive customer experience by opening and maintaining constructive and reliable lines of communication. Reviews items being handled by junior team members. Transitions: Participates and/or leads all aspects of internal and external property and client transitions. Works with other internal teams in handling special requirements as defined in the Management Agreement and scope of services in the Financial Services Agreement. Systems Implementation: Plays a key role in the implementation and maintenance of the accounting/reporting systems, providing technical expertise. Signs off on audit field work. Is involved in the details of an audit process. Special Projects: Works with other internal teams in handling special requirements or projects. Remains current with changing environment/regulations, responsible for impact on fund accounting practice. Other Duties: Performs other duties as assigned

No formal supervisory role but may provide informal assistance such as technical guidance, and/or training to co-workers. Leads by example and models behaviors that are consistent with the company's values.
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. 

 Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of 10 years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting required with real estate accounting or fund accounting software systems. Requires prior supervisory experience and experience with real estate accounting or fund accounting software systems. 

CERTIFICATES and/or LICENSES Certified Accountant qualifications in relevant jurisdictions.

Ability to comprehend, analyze, and interpret the most complex business documents. Ability to respond effectively to the most sensitive issues. Ability to write reports, manuals, speeches and articles using distinctive style. Ability to make effective and persuasive presentations on complex topics to employees, clients, top management and/or public groups. Ability to motivate and negotiate effectively with key employees, top management, and client groups to take desired action. 

Requires in-depth knowledge of financial terms, principles and compliance. Ability to calculate complex figures. Ability to forecast and prepare budgets. Conducts financial/business analysis including the preparation of reports. Strong technical financial skills and comprehensive knowledge of GAAP, FASB, REIS, IFRS, and in-region/in-country standards. 

Ability to solve advanced problems and deals with a variety of options in complex situations. Requires expert level analytical and quantitative skills with proven experience in developing strategic solutions for a growing matrix-based multi-industry sales environment. Draws upon the analysis of others and makes recommendations that have a direct impact on the company.

Strong economics, math and analytical skills and ability to apply them strategically and in the pursuit of diverse situations. Knowledge of real estate terms, definitions, and real estate analytical methodology, Knowledge of Company financial systems as well as internal and external information sources. Advanced knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). Ability to work in multiple accounting software applications. Ability to travel.


REMARQUE:  Une exigence supplémentaire pour ce rôle est la capacité de se conformer aux protocoles de santé et de sécurité COVID-19, y compris la preuve de la vaccination COVID-19 et/ou des tests rigoureux.