Senior Accountant - San Francisco, United States - Vaco

Description

Senior Accountant

Our client, a premier real estate investment firm is looking for a Senior Accountant to join their team to review all aspects of financial reporting for one of their flagship funds. This will involve working closely with their fund administrators and other departments within the company.

LOCATION:
San Francisco, CA. Hybrid capacity, In the office on Tue-Wed-Thu and they provide catered lunches.

JOB DESCRIPTION:
This position will review the work of their third party fund administrator; thus, the person needs to be a senior accountant level person who has strong interpersonal skills and the ability to review the work of and communicate with their fund administrator.

They expect this role to have good work life balance and it will not involve working long hours, while it will also be challenging and rewarding. Although this is primarily a reviewer role, the candidate should be willing to get their hands dirty from time to time and be a team player.

This position will report to an Assistant Portfolio Controller.

RESPONSIBILITIES:

• Act as main point of contact for finance and accounting projects for account/fund that this individual will support. This involves communication across all departments within the Firm and fund administrator.
• Act as liaison for financial reporting and capital account matters to investors, third-party consultants, and/or trustees.
• Support accounting and finance for real estate transactions such as acquisitions, dispositions, financings, etc.
• Responsible for cash projections/planning (requires direct interaction with Portfolio Managers and other departments within the Firm). Includes coordinating and reviewing capital calls, distributions, financing draws/paydowns, and general cash management with fund administrator.
• Directly supervise the fund administrator team, including reviewing deliverables before external distribution to investors, third-party consultants, lenders, etc. Provide feedback during review, facilitating a collaborative environment while optimizing operational efficiency.
• Establish working relationship with third-party property teams and joint venture partners to ensure that the required property-level deliverables are provided in accordance with company policies. Assist third-party managers and joint venture partners with onboarding for newly acquired properties as well as questions that arise throughout reporting periods, with fund administrator team.
• Partner with Portfolio Management and Client Relations teams to provide necessary financial information for current and prospective investors.
• Responsible for calculation of performance reporting for investments, investors, and fund/account overall, including review of performance reporting provided by fund administrator.
• Research complex accounting issues and assist Portfolio Assistant Controller in formulating appropriate response.
• Collaborate in the production and review of the fund/account's quarterly reporting package, ensuring accuracy and timeliness. Deliverables include the GAAP fair value financial statements, investor reports/questionnaire, and loan compliance.
• Coordinate the external audits, including managing the fund administrator to provide support directly. Oversee the fund administrator's preparation of accurate and complete audit packages and provide timely, complete and accurate responses to external auditor's questions or requests for information.
• Provide tax preparers with accounting information requested for income tax return preparation.
• Partner with Treasury team to support Treasury needs for respective accounts.
• Bring any accounting/auditing issues to the Assistant Controller's attention on a timely basis.
• Undertake other assigned duties from time-to-time.

REQUIREMENTS:

• 3-5 years of accounting experience years in of one of the following areas
  • public accounting audit/assurance (with asset management clients)
  • public accounting tax (with asset management clients)
  • fund administration
  • industry accounting (with real estate)
• CPA desired
• Preparation of GAAP financial statements and notes
• Excellent communication and organization skills
• Ability to work independently and proactively
• Capable of multi-tasking with ability to prioritize deadlines
• Should possess a strong team-oriented work ethic and energy
• Ability to problem solve
• Detail-oriented and experience with reviewing deliverables

Selection will be based solely on merit and will be without discrimination because of age, sex, sexual orientation, race, religion, national origin, marital status or disability. All candidates must be authorized to work in the United States. Any applicant selected for this position will be required to submit to an extensive background screening and a credit check.

COMPENSATION:
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law, Vaco believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure: $110-125K + bonus. The individual may also be eligible for discretionary bonuses.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

• the individual's skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.