SVP Fund Controller
$250,000–$250,000 year
On-siteSan Clemente, California, United States
San Clemente, California, United StatesOn-siteFull Time$250,000–$250,000 yearSenior Level
Full TimeSenior Level
Job Summary
Review fund governing documents, transaction documentation, and investor allocations to ensure compliance and accuracy in financial reporting for multiple real estate equity and credit funds. Manage capital flow projections, bank wire transactions, and distribution waterfalls while coordinating with accounting staff to compile necessary documentation. Lead the year-end audit process, prepare tax packages including K-1s, and maintain robust review procedures for deliverables. Mentor direct reports and assist the CFO and VP of Finance with special projects as needed.
Required Qualifications
- Heavy fund accounting experience
- Working knowledge of K-1s
Desired Qualifications
- Executive leadership team that trusts each other, communicates effectively, and is committed to helping team members grow, both personally and professionally
- Visionary, smart, and thoughtful CEO
- Culture focused on developing and investing in team members - coaching, training, and supporting each other
- Fast pace
- Some or all of the following: Review processes relating to the financial reporting and accounting for multiple real estate equity and credit funds
- Some or all of the following: Investor contributions/distributions
- Some or all of the following: Valuation processes
- Some or all of the following: Redemptions
- Some or all of the following: Reparation of monthly financial reporting
- Some or all of the following: Investor statements
- Some or all of the following: Lender and regulatory compliance and reporting
- Some or all of the following: Coordinating and working closely and in cooperation with the accounting staff, other accountants and department personnel in compiling information and documentation necessary
- Some or all of the following: Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements
- Some or all of the following: Review all transaction documentation and supporting files
- Some or all of the following: Understand the features of the investment transactions, accruals, etc
- Some or all of the following: Perform treasury/cash management review including establishing/maintaining capital flow projections/schedules
- Some or all of the following: Bank balances
- Some or all of the following: Loaning tracking
- Some or all of the following: LOC management
- Some or all of the following: Bank wire transactions such as setup and validation/control
- Some or all of the following: Review work paper files for accuracy and completeness
- Some or all of the following: Capital activity
- Some or all of the following: Investment activity
- Some or all of the following: Income and expense accruals
- Some or all of the following: Valuation adjustments, etc
- Some or all of the following: Review investor allocations and capital account statements
- Some or all of the following: Review capital call and distribution calculations
- Some or all of the following: Sources/uses of cash
- Some or all of the following: Allocations
- Some or all of the following: Investor notices
- Some or all of the following: Create, maintain, and/or review distribution waterfall (carried interest)
- Some or all of the following: Management fees
- Some or all of the following: Valuation models
- Some or all of the following: Applicable fund terms
- Some or all of the following: Prepare and/or review financial statements
- Some or all of the following: Notes disclosures
- Some or all of the following: Supporting schedules
- Some or all of the following: Develop/maintain robust review procedures around deliverables
- Some or all of the following: Manage the year-end audit process
- Some or all of the following: Collaboration with the auditors
- Some or all of the following: Preparation of tax packages and/or tax returns
- Some or all of the following: Fulfilling requests for information and tax returns from various interested parties
- Some or all of the following: Lenders
- Some or all of the following: Investors
- Some or all of the following: Management
- Some or all of the following: Attend all required meetings
- Some or all of the following: Work proactively to provide solutions to improve the performance and timeliness of the preparation of returns and audited financial statements
- Some or all of the following: Maintaining appropriate record keeping, documentation and filing systems
- Some or all of the following: Substantiate tax returns and financial statement audits
- Some or all of the following: Assist CFO, VP of Finance and the other departments with special projects or as may be needed or directed
- Some or all of the following: Performing such other accounting, financial and administrative tasks as may be required from time to time
- Some or all of the following: Often on short notice
- Some or all of the following: As directed
- Some or all of the following: Lead, guide, mentor and motivate direct reports
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