Real Estate Fund Accounting Manager- Associate

Real Estate Fund Accounting Manager- Associate

01 Jun 2022
New York, New york city 00000 New york city USA

Real Estate Fund Accounting Manager- Associate

The Real Estate Americas (REA) business seeks a Fund Accounting Manager with approximately 4 to 6 years of real estate accounting experience to assist with the financial management of one its open end real estate funds including client and internal reporting requirements.The Fund Accounting Manager will work closely with an experienced group of professionals while overseeing /engaging in all aspects of real estate financial analysis, accounting, taxation, treasury functions, internal controls, external auditors and third party service providers.EducationBachelor's degree with major in accounting.Qualifications and SkillsC.P.A. required. Strong accounting, analytical and problem solving skills. Must be detailed oriented with strong organizational work habits. Solid communication skills. Ability to work in many roles within the team framework (leader, support, coworker, backup for peers). Computer literacy and working knowledge of Excel and Word. Yardi a plus.Primary ResponsibilitiesResponsible for the month-end pricing, financial reporting and accounting of real estate Fund.

Prepare and/or review quarterly/annual GAAP financial statements for Fund including audit and marketing team coordination.

Ensure that the Fund and all investments are accounted for in accordance with US GAAP and conduct technical accounting research to ensure appropriate application to investments and Fund as needed.

Understanding of real estate investment operations, promote structures, mortgage documents, development agreements, partnership agreements, purchase and sale agreements, and Fund legal structures.

Review and analyze property and Fund financial information including annual budgets and monthly operating activity.

Heavy interaction with independent external auditors, tax practitioners, legal counsel and other professional service providers. Oversight of third parties monitoring their compliance with responsibilities, budgets and deadlines.

Oversee/Coordinate with Fund level debt closings and monitor and prepare and/or review financial covenant compliance for third party debt/lines of credit.

Ensure tax strategies are appropriately implemented within the Fund and investments' operating and reporting structure.

Prepare and review Fund cash flow and return/performance analysis used for portfolio management decision-making and internal reporting.

Field questions and run/discuss analyses for the Fund's Portfolio Management team and Controller.

Coordinate with the client service and marketing team regarding responses to client questions, requests, and presentations. Participate in client due diligence meetings including presenting on operating, reporting and control topics.

Oversee monthly debt mark-to-market process.

Oversee and manage Fund's available operating cash and review/coordination of payments.

Coach, mentor and develop internal resources.

JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.Equal Opportunity Employer/Disability/Veterans

Related jobs

  • As a Manager in our CFO Accounting consultant group, you will help to lead engagements for new and existing clients of varying sizes and with varying needs. The Manager will help to supervise junior members of the team in executing and maintaining all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as the development of internal control policies and procedures. This includes payment of all invoices, issuance of bills, and collection of cash. The Manager will also work with the CFO team to support clients with ongoing accounting needs, including invoicing and allocation etc. Responsibilities Calculation of management fees and incentive allocation Expense tracking and approvals Provide operational support for clients Fund and management company financial statement preparation/review Accounting principles and issues research, as needed Assist in evaluating current financial and accounting process for new clients, propose improvements and help coordinate implementation efforts Service provider recommendations and vetting Lead client execution and act as main point of contact on accounts Attend and lead meetings for client engagements Arrange, coordinate and participate in weekly, monthly or as needed conference calls with NY office and clients Assist in the opening of brokerage and bank accounts Review of service provider contracts and fund documents Advise clients on various issues as they arise Develop and oversee staff in delivery of services Work with clients to deliver outsourced CFO and related services to Hedge Funds and Private Equity Funds Participate in special projects Develop budgets Financial Statement review Establish accounting practices Accounting principles and issues research Create financial models and provide ad-hoc financial analysis Review of service provider contracts and formation documents Evaluate current financial and accounting processes for clients, propose improvements and help coordinate implementation efforts Successful candidates will have many, if not all, of the attributes below: 4+ years of experience in the alternative Investment Management industry (Hedge Fund, Private Equity, Venture Capital, Real Estate) Bachelor\'s Degree in Accounting CPA Public Accounting background Administration experience a plus Superior management skills Attention to detail and ability to multi-task Hard-working, self-starter, dedicated, punctual and personable Excellent organizational skills Excellent interpersonal, oral and written communication skills Strong accounting and analytical skills Strong computer skills: Microsoft Office Suite and QuickBooks Passionate about working in a dynamic entrepreneurial environment In depth understanding of investment management and alternative products Ability to define problems, collect data, establish facts and draw valid conclusions to solve problems — quickly and competently All your information will be kept confidential according to EEO guidelines.

  • Support IQ-EQ client leads on multiple Private Equity funds within various industries Work closely with manager, team and support functions to manage client expectations and ensure adherence to timelines on client deliverables in accordance to the requirements defined by the limited partnership agreement Maintain a working understanding of limited partnership agreements and apply terms to financial reporting and income and expense allocations. Prepare and/or review journal entries, management fee calculations, investor allocations, capital account statements, capital call and distribution calculations, sources/uses of cash, investor notices, carried interest calculations and maintenance of waterfall models Coordinate the delivery of capital call and distributions notices to clients and the investors Prepare and/or review financial statements, notes disclosures, and supporting schedules Manage year-end process and handle requests from external auditors and tax teams Assess operational effectiveness and make suggestions for process development Ensure ad hoc requests from clients and investors are addressed in a timely manner Bachelor\'s degree in Accounting/Finance with 3.0 GPA 2+ years of Private Equity fund accounting experience Knowledge of Investran preferred Advanced knowledge of QuickBooks, Microsoft Outlook, Excel and Word Strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity limited partnerships Ability to provide exceptional client service Ability to collaborate with others in a team environment, provide and accept constructive feedback Ability to produce high quantity of work product with accuracy and extreme attention to detail Ability to manage multiple demands and competing deadlines Ability to communicate effectively and professionally Ability to work overtime as needed to meet deadlines All your information will be kept confidential according to EEO guidelines.

  • Support IQEQ client leads on multiple Private Equity funds within various industries Maintain general ledger, Cash, Payables and Receivables Prepare Treasury cash disbursements for all entities Monitor daily banking transactions Maintain fixed assets register Produce cash & expense forecasting as needed Monitor and maintain internal controls Reconcile customer/vendor POs to billings Perform monthly closing entries and general ledger account reconciliations including inventory, proactively calculating estimates and accruals, recording journal entries as required. Analyze cost accounting data and assist with cycle count/physical inventories Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs and weighted average Responsible for hands-on cost accounting, for multiple projects. Monitor, update and maintain all aspects of the inventory valuation system and ERP system. Investigate cycle counting variances and resolve issues. Handle daily/routine client information requests and fulfill ad-hoc requests as needed Manage and prioritize work tasks to meet competing deadlines Bachelor\'s degree in Accounting/Finance with 3.0 GPA 3+ years of experience in Fund Accounting Ability to provide exceptional client service Ability to collaborate with others in a team environment Ability to produce high quality work product and prioritize tasks to meet deadlines Ability to communicate effectively and professionally Ability to work overtime as needed to meet deadlines Knowledge of QuickBooks, Microsoft Outlook, Excel, and Word (Investran a plus) All your information will be kept confidential according to EEO guidelines.

  • NYC 299 Park Avenue (22957), United States of America, New York, New York

  • SS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare organizations, from the world\'s largest institutions to local firms, manage and account for their investments using SS&C\'s products and services.

  • USD185,000-USD230,000

  • BlackRock - Finance Associate - Mutual Fund Board Reporting & Analysis

Job Details

Jocancy Online Job Portal by jobSearchi.