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VP, Corporate Accounting

AJ Capital Partners
Chicago, IL Full Time
POSTED ON 3/27/2025
AVAILABLE BEFORE 4/24/2025

Reports to : Chief Accounting Officer (“CAO”)

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Location : Chicago, IL

This role will be performed onsite in the Chicago office.

Adventurous Journeys Capital Partners (“AJCP”) is seeking a VP, Corporate Accounting to join the firm’s Corporate accounting team and support its rapid growth across various investment platforms focused on the hospitality, mixed-use, and single-family rental sectors.

ABOUT AJCP

Adventurous Journeys ("AJCP") Capital Partners is a vertically integrated real estate investment manager founded in 2008. The firm repositions real estate to build timeless, scalable businesses and brand platforms. We deliver returns on transformative real estate by applying placemaking, inspired design, and hospitality principles to spaces overlooked or undervalued by traditional investment firms. The firm’s current portfolio includes $5.3 billion of assets across 100 properties and 50 geographic markets. With a mission to humanize hospitality through handcrafted projects made by people for people, AJCP delivers spaces that evoke emotional connections and become backdrops for enriching life experiences. Our headquarters are in Nashville, with offices in Chicago, London, Miami, New York, San Francisco, and New Orleans. For more information on AJCP, please visit www.ajcpt.com.

ABOUT THE ROLE

The VP, Corporate Accounting will work closely with the CAO and act as a strategic partner to the business for the Corporate entities. The role will interface directly with a variety of groups within AJCP including Portfolio Accounting, Development, Asset Management, Capital Markets, Portfolio Management and Investor Relations. The VP will play a key role in driving alignment between accounting functions and broader business goals, ensuring financial integrity, operational efficiency, and scalable growth.

WHAT YOU WILL DO

  • Oversee all monthly and quarterly accounting, including the monthly / quarterly close process and financial statement preparation for 35 entities.
  • Manage the preparation of consolidated financial statements and reporting packages for management and lender reporting.
  • Lead and develop a high-performing accounting team, including the Corporate Controller, Accounting Manager, and external staff accountants. Foster a collaborative environment and build resourcing plans to ensure the team's scalability and alignment with company growth.
  • Manage the analysis and preparation of allocations of payroll and overheads from the shared service entity to other Corporate entities.
  • Manage the analysis and preparation of allocations of certain expenses to AJ’s funds, ascertaining that the allocations meet LPA requirements.
  • Collaborate closely with the Portfolio Management team to lead cash management activities, ensuring efficient liquidity management and alignment with the broader corporate finance strategy.
  • Manage the Accounts Payable process, including analysis and implementation of a new payment platform in 2025.
  • Oversee the annual audit and tax reporting processes, ensuring compliance with all regulatory requirements and proactively identifying potential risks, gaps, or improvements in financial controls.
  • Ensure quality control over financial transactions and financial reporting.
  • Strategically manage banking relationships and identify opportunities to optimize cash management, reduce fees, and improve operational efficiency, contributing to the overall financial strategy.
  • Develop a deep understanding of all significant agreements, including but not limited to entity operational agreements and side letters, debt agreements, development management, asset management, hotel management and restaurant management agreements, and applicable leases and insurance contracts.
  • Lead technical accounting research and analysis to ensure compliance with evolving accounting standards. Set accounting policies and initiatives that align with the company’s goals and industry best practices.
  • Review current and establish new accounting controls in connection with the Chief Accounting Officer.

OTHER RESPONSIBILITES

  • Lead initiatives to enhance operational efficiency, automate processes, and implement scalable systems within the Accounting team to support AJCP’s growth trajectory.
  • Manage / document business processes and accounting policies to maintain and strengthen internal controls.
  • Continuously identify opportunities for process improvement, automation, and innovation within the Accounting function to support AJCP’s rapid growth and evolving business needs.
  • WHO YOU ARE

    AJCP is seeking a highly-motivated individual who enjoys working in a fast-paced, but disciplined, entrepreneurial environment. The ideal candidate will have extensive experience leading real estate and development accounting teams for a private equity firm or investment advisor and will know how to drive organization-wide decision making by providing teams with clear, useful, and timely financial reporting. This role also requires the following capabilities :

  • Ability to clearly and effectively communicate with senior executives, investors, lenders, and other external stakeholders.
  • Critical thinker who loves solving complex problems outside of their comfort zone.
  • Meticulous attention to detail and the highest standards for accuracy, timeliness, and precision.
  • Demonstrated ability to collaborate with others.
  • Ability to deal effectively with ambiguities and manage multiple projects through completion, often under tight deadlines, with competing priorities.
  • Strong technical knowledge of partnership and investment company accounting.
  • YOUR QUALIFICATIONS

    Required :

  • B.A. or B.S. degree in accounting.
  • 10 years of audit / financial reporting experience.
  • Experience with Corporate accounting, including payroll and allocations.
  • Preferred :

  • Big 4 public accounting experience.
  • An advanced degree, such as a Masters of Accountancy / MAC or a Masters of Business Administration / MBA.
  • CPA or CPA candidate.
  • AJCP is an equal employment opportunity employer and complies with all applicable laws prohibiting discrimination based on an individual’s race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition, genetic information, marital status, reproductive health decision-making, sex, gender, age, sexual orientation, veteran and / or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. AJCP is dedicated to the fulfillment of this policy in regard to all aspects of employment, including, but not limited to, recruiting, hiring, placement, transfer, training, promotion, rates of pay, other compensation, termination, and all other terms, conditions, and privileges of employment.

    In compliance with local law, we are disclosing the compensations, or range thereof, for roles that will be performed in Illinois. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of AJCP’s total compensation package for employees. Pay Range : $180,000-$200,000. Other rewards may include annual bonuses. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement savings plan, paid holidays and paid time off.

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    Salary : $180,000 - $200,000

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