SUMMARY:

The Fund Accounting Manager will oversee and perform detailed reviews of the monthly, quarterly, and annual accounting and reporting process for private investment vehicles with commercial, industrial, and studio property holdings. The core values of the Accounting department are collaboration, drive, and accountability. Each member of the team adds value and delivers results; they are proactive in anticipating and solving problems and thrive in a fast-paced entrepreneurial environment.

RESPONSIBILITIES:

The Fund Accounting Manager will assist the Fund Controller in overseeing internal accounting staff and third-party fund administrators that maintain the books and records of private equity real estate investment vehicles. Responsibilities will include:

• Accounting for and reconciliation of cash and real property investments
• Recording of purchase and sale transactions and operating income
• Estimating and posting of closing accruals
• Calculation of management and other fees paid in accordance with governing documents
• Review of expenses charged to each investment and investment vehicle
• Calculating income and expense allocations to each investor and distribution waterfall based on the terms of the governing documents
• Determining and preparing capital calls and distributions
• Calculation of performance metrics for each investment and investment vehicle
• Preparation and review of quarterly and annual reporting to internal management and investors
• Treasury functions including monitoring credit facility covenant compliance, liquidity management and cash projections, review of cash transfers and validation of payment instructions
• Coordinating with external auditors to complete annual financial statement audits
• Assisting with investor due diligence and reporting requests; responding to investor inquiries by providing timely and accurate responses to Investor Relations
• Performing other tasks as required