Title: Finance Associate

Company Overview:
Our client is a private investment firm specializing in commercial real estate debt and equity investments. The firm operates in major markets and invests on behalf of institutional and high-net-worth clients.

Reports to: Assistant Controller and Vice President of Finance

Primary Responsibilities:

• Conduct financial reviews and prepare quarterly fair value reports for real estate assets.
• Review monthly asset trial balances and prepare necessary adjusting journal entries.
• Ensure accuracy in monthly property management general ledgers.
• Prepare asset workpapers for Fund Administrators, including consolidated financials and fair value adjustments, while resolving any issues that may arise.
• Generate quarterly financial reports for lenders related to leveraged assets.
• Manage vendor invoicing and cash management for all funds and the management company.
• Prepare weekly reports detailing invoices to be paid, cash needs, and necessary cash movements within the fund structure.
• Prepare journal entries for the management company.
• Assist in expense allocation and bill-backs to funds.
• Contribute to the preparation and review of routine financial reporting for Real Estate and Credit funds, including GAAP basis financial statements and investor capital statements.
• Collaborate with the Assistant Controller and VP of Finance to update internal fund models for workpaper reviews.
• Support the ongoing management of capital commitments and compliance with loan covenants.
• Assist team members with various ad-hoc projects, including due diligence questionnaire completion during fundraising and monthly/quarterly investor requests.

Relevant Skill Sets and Experience:

• Experience in accounting for commercial real estate or commercial real estate loans within a private equity or similar environment is preferred; strong candidates with private equity experience will also be considered.
• 3-5 years of relevant experience in a public accounting firm or private organization is required. CPA status is a plus but not necessary.
• Strong knowledge of GAAP accounting principles.
• Excellent organizational skills with the ability to present data clearly and concisely.
• Strong verbal and written communication skills.
• Proficiency in Excel is essential; familiarity with Word and PowerPoint is also needed.
• This position requires a motivated self-starter capable of managing multiple tasks and meeting deadlines in a dynamic and fast-paced environment.

Compensation: 120-140k base + bonus