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24 Jul 2014

Full-Time Assistant Controller Alternative Investment Funds

timhan01 – Posted by Hanley LLC Los Angeles,California, California, United States

Job Description

Position overview.

This privately held company is an investment management firm and registered investment advisor located in downtown Los Angeles, with AUM of over $50 billion. Reports to: CFO

This role Accountant will initially manage and review the monthly, quarterly and annual financial reporting process for the CMBS and REIT private investment partnerships.

Responsibilities

· Create, implement and maintain fund accounting and operational controls, policies and procedures.

· Prepare accurate and timely internal and external reporting, including cash and holdings reports, performance reporting, and    quarterly and annual financial statements.

· Communicate with the portfolio team to understand investments held in the funds and determine the appropriate accounting treatment.

· Review Net Asset Value calculations including complex management and performance fee calculations.

· Coordinate the implementation and review the application of US GAAP and Investment Company accounting.

· Review partnership allocation accounting, as well as share-based and series-level accounting.

· Manage the coordination of external audits and the creation/updating of financial statements and partner capital account statements.

· Manage the completion of various regulatory and other reporting requirements, including Form PF and FACTA.

· Assist with monitoring the activity of and accounting for, including the fair valuation process, illiquid investments (e.g. commercial real estate, distressed debt, residential and commercial real estate loans).

· Review fund and investment-level performance calculations, including time-weighted return and IRR.

· Verify distributions and management performance fee calculations.

· Review cash, investment and other account reconciliations and analysis.

· Work with the fund tax team to monitor and account for the funds’ investment activities.

· Coordinate the external financial statement audit process; and

· Handle additional duties as assigned.

 Qualifications

· Bachelor’s degree in Accounting, Finance or Economics is required and a C.P.A. is desired.

· Minimum 7 years of experience, overall, with 4 years preferred public accounting experience, preferably in the financial services industry.

· Extensive knowledge of investment partnership accounting, including Private Equity and REITS

 Personal Attributes

Ability to be articulate and interact professionally at all levels of a tightly-integrated corporate team, including Accounting Operations, Client Services and Portfolio Managers.

$150-170k DOE

 

How to Apply

please email directy to [email protected] for a prompt response.

Job Categories: Accounting. Job Types: Full-Time. Job Tags: CA and Los Angeles. Salaries: 100,000 and above.

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