Vice President of Private Equity Accounting

New York, NY

Responsibilities

 

  • Examine quarterly and audited yearly financial statements involving footnotes and capital account statements.
  • Formulate numerous performance metrics (e.g., IRR and Time Weighted Returns) in accordance with industry guidelines.
  • Assess management fee calculations and billing statements in agreement with pertinent agreements.
  • Provide administrative support to internal valuation committee, including preparing various analyses/materials, scheduling/participating in meetings, etc.
  • Calculate assets under management metrics, including the industry standard regulatory assets under management, the company-specific real assets managed, and other metrics as needed.
  • Prepare various questionnaire/reporting metrics for investors and industry groups in compliance with applicable definitions/guidelines including P&I Survey, reporting to various investor consultants (e.g. Townsend), etc.
  • Read and interpret various legal agreements including Subscription Agreements, Limited Partner Agreements (LPAs), Operating Agreements (OAs), Purchase and Sale Agreements (PSAs), Loan/Debt Agreements, etc.
  • Draft accounting memos as needed to document conclusions, processes, accounting methodologies, exceptions, and other considerations requiring such documentation.
  • Assist with lender underwriting information requests, as well as compliance and reporting for in-place loans.
  • Oversee preparation of the books/records and annual budgets for the Company’s RIA entities.
  • Prepare, maintain and update the RIA’s SEC audit readiness materials as it relates to accounting and financial reporting and support its annual mock audit efforts with the Chief Compliance Officer.
  • Assist with the preparation of marketing materials including investor presentations, information requests, limited partner RFP’s and due diligence questionnaires for fundraising efforts.
  • Participate in new product launches including the review of new product documentation, client set up, and vendor selection, if applicable.
  • Manage and monitor realistic budgets that include appropriate funding for all relevant functions and databases. Ensure the fiscal discipline required to effectively manage O&M goals.

 

Requirements

 

  • No less than seven years of associated joint experience in public accounting and private equity fund setting.
  • Knowledgeable with financial systems involving ERP and reporting applications such as JD Edwards Enterprise One or SunGard Investran PE accounting platform.
  • Mastery of private equity performance measurements including IRR and Time Weighted Returns.
  • Advanced knowledge of Excel required.
  • Knowledge of Registered Investment Advisor (RIA) structures/guidelines.
  • Knowledge of NCREIF PREA Reporting Standards.
  • Knowledge of reporting to third party industry sources.
  • Knowledge of Regulatory Assets Under Management (RAUM) calculation.
  • Knowledge of Real Estate Assets, Equity and Debt, Securities and Derivatives.
  • Technical accounting skills including investment company accounting (ASC 946), and fair value measurements (ASC 820).
  • Expert understanding of valuation methodologies specific to Real Estate Assets, Equity and Debt including application to complex capital structures.
  • Familiarity with the Custody Rule and relevant securities laws, including the Advisers Act of 1940 a plus.

 

 

 

 

 

Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.

Date Posted 2/3/2021
Salary $165,000 - $220,000 + bonus







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