What are the responsibilities and job description for the Financial Fund Accounting Manager position at Pacific Executive Search?
Title: Financial Fund Accounting Manager
Industry: Real Estate
Location: South Bay - Hybrid
Overview: Pacific Executive Search has been engaged on a search for a Financial Fund Accounting Manager where you would have the unique opportunity to spearhead the finance operations of a growing real estate investment firm in the South Bay area, taking on new responsibilities that include overseeing fund accounting and financial modeling. This role offers you the chance to work collaboratively with a small, dynamic team, allowing you to wear multiple hats and make a significant impact on the firm’s growth trajectory. As the first accounting and finance hire, you would position yourself for substantial career growth and the potential to shape the finance department as the firm expands.
Responsibilities:
- Supervise all fund accounting tasks, including calculating NAV, distributing capital, distributing to investors, and modeling carried interest waterfalls for various fund structures.
- Manage relationships with third-party fund administrators, auditors, and tax advisors to ensure accurate and timely completion of financial statements, investor reports, and compliance filings.
- Coordinate capital calls, distributions, and cash flow forecasting at the fund level.
- Oversight of capital accounts, equity roll-forwards, and investor-specific allocations in complex fund structures, including joint ventures.
- Ensure compliance with accounting standards (GAAP, IFRS) and regulatory requirements.
Qualifications:
- At least 5 years of experience in real estate fund accounting, fund administration, and FP&A, with exposure to real estate debt investments, and joint ventures.
- Thorough understanding of real estate investment structures, fund waterfalls, capital calls, and financial reporting.
- Experience collaborating with third-party fund administrators, audit firms, and tax advisors.
- Familiarity with debt structures, credit facilities, loan servicing, and financing arrangements.
- Proficient in GAAP and IFRS accounting principles for private investment funds and real estate entities.
- Advanced skills in financial modeling and Excel, capable of creating complex fund performance models.
- Experience using fund accounting software like Yardi, or similar platforms.
- CPA, CFA, or CAIA certification is a plus.
Salary : $120,000 - $160,000
