Position- 3259: Fund Finance - Fund Accountant

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Position- Fund Finance - Fund Accountant
Job Id (Use when Referring to Position):	3259
Job Type:	FTP
Location:	New York NY
Experience:	5 - 0
Compensation:	$80,000.00 - $100,000.00
Job Description:	Job Context Fund Finance - Fund Accountant Purpose and Responsibilities Investor Reporting - work as part of the Fund Finance team as a key person for investor reporting.  Specific responsibilities will include: Must be able to understand Fund partnership and LLC agreements and discuss the relevant provisions with investors/client reps. Preparation of ad-hoc reporting and notifications to investors. Complete quarterly reporting packages for institutional investors. Preparation and/or distribution of investor capital accounts, cash ledgers, tax information (including K-1's). Administer investor transfer requests and ensure appropriate documentation is received with correct level of follow-up. Liaison between investors/client reps/relationship managers and Fund personnel to answer investor queries. Maintain investor contact and bank account information. Ensuring compliance with policies and procedures, including keeping policies and procedures up to date Capital Calls/Distributions - the Funds make periodic capital calls and/or distributions to their respective investors.  Specific responsibilities will include: Assisting with cash projections to match capital calls and distributions with funding needs. Calculating distribution and capital call amounts for each investor.  Must be able to understand the respective Funds' distribution waterfall calculations, including incentive management fees. Prepare capital call and distribution notifications to investors. Answering queries on the distributions/capital call notices. Recording the required entries to Investran (i.e., the Fund's G/L) Ensuring compliance with policies and procedures, including keeping policies and procedures up to date Investment and Fund Transaction Controlling- This role will require liaising with internal personnel (Origination and Asset Management) and external Joint Venture Partners on new and existing deals to ensure transactions are funded and recorded accurately and timely. Provide accounting and finance support for Investments and Fund legal entities in the Americas region.  Specific responsibilities will include- Recording investment and Fund legal entity contributions/distributions, expenses, and income. Monitor follow-on fundings for Fund investments to make sure they are within Investment Committee approved equity commitments. Coordinate preparation of Closing Memos for initial deal fundings with Origination personnel. Work with Origination and Asset Management personnel to ensure that Fund equity and debt investments are properly documented. Assist Fund Finance management by liaising with external and internal auditors by responding to auditor queries in connection with financial and operational audits for the Funds and RREEF. Assist with projection of funding requirements/cash management. Ensuring compliance with policies and procedures, including keeping policies and procedures up to date   Investran Maintenance and Setup for the RREEF North American Infrastructure Fund, L.P. - Investran is the Funds' general ledger system.  This task will require setting up investor related information in Investran and assisting with the setup and maintenance of information for the investors of RREEF North American Infrastructure Fund, L.P.  Responsibilities will include analyzing current processes to streamline and automate where possible.   Other responsibilities include: Assisting the Tax Manager with information collection. Timely receipt and payment of fund expense invoices.   Development Opportunities         The LEVEL of skills, abilities and knowledge that an individual should possess to perform the essential functions of the job.   Please be specific and quantify if possible. 1. Bachelor's degree in Accounting or Finance required. 2. CPA preferred but not required. 3. Minimum of 5 years experience at a major, global, services firm. 4. Fund/partnership Accounting experience required, and Real Estate Fund & Client relations experience considered a strong plus.  5. Must have a solid understanding of financial statements and be able to understand real estate transaction terms and conditions. 6. Must have strong knowledge of Excel and have experience with manipulation and presentation of data to varied consumers 7. Experience writing Excel macros is a strong plus. 8. Strong attention to detail and communication skills are essential, as the success of this position requires continual interaction with external partners and internal business and finance managers on a global basis. 9.   Additional Skills & Experience: Will this position require registration?  No Certification/Registration:
Degree Required:	BA Accounting or Finance
Desired Skills:
Additional Information:
Comments:	Email resume in Word to thebiggamehunter@cisny.com  ONLY IF YOU HAVE THE EXPERIENCE SOUGHT. Please include the job code with the position. NO RELOCATION. NO VISA TRANSFERS. NO 3RD PARTIES. NO OVERSEAS RESUMES. Sign up to receive a daily digest of positions around the United States or search open jobs we are recruiting for at www.jeffaltman.com. While there, subscribe to Head Hunt Your Next Job, Jeff Altman, The Big Game Hunter's free job search ezine, Natural Selection, his ezine for employers, use Job Search Universe, the job lead search engine that searches more than 2400 job boards and career pages worldwide, and learn about my VIP personal search agent services.