Senior Manager, Real Estate Income Fund Accounting and Operations - Intrepidus Talent Solutions

Our clients is seeking a Senior Manager, Real Estate Income Fund Accounting and Operations. They are a leader among global investment managers specializing in alternative investments, with $192 billion in assets under management as of March 31, 2024. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, private equity, real assets, and listed equities. The firm has over 1200 employees and offices in 23 cities worldwide.

They are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to their culture.

Summary

Our client is looking to hire a dynamic Senior Manager to join the highly visible and fast-growing Real Estate Income team who is responsible for reviewing, managing, analyzing and maintaining the books and records for various Real Estate Income related funds/products. In addition, they will be required to ensure accurate and timely reporting to clients, fiduciaries, counterparties and regulatory bodies while providing oversight for offshore teams.

Responsibilities

• Ensure funds are being accounted for pursuant to the governing fund documents, advisory agreements, and other legal documents;

• Review, reconcile and participate in the operational set up of complex transactions while collaborating with internal and external stakeholders;
• Help manage available liquidity through determining and preparing (capital vs. income) distributions and drawdowns from a combination of debt and equity vehicles;
• Coordinate as well as manage the funds’ independent auditors, custodians, prime brokers, internal/external stakeholders, offshore teams and fund administrators in reviewing, analyzing, providing commentary and producing monthly, quarterly, and annual financial reports that require the calculation of complex allocations, waterfalls, fees, and performance metrics;
• Participate in various firm-wide initiatives to drive efficiency improvements by engaging with various cross functional teams.

Qualifications
• Bachelor’s degree in accounting, finance or equivalent

• CPA preferred

• Minimum 5 years of experience in either public or private accounting with at least 2 years of experience in the investment management industry;
• Strong knowledge of Real Estate funds/investments, as an asset class;
• Familiarity with investment management operations and performance;
• Solid analytical skills and ability to understand and resolve complex problems;
• Proficiency in Microsoft Excel; and
• Knowledge in writing SQL and PowerBI reports is a plus.

Personal Attributes
• Relationship Building: works effectively with strong, diverse teams of people with multiple perspectives, talents, and backgrounds. Ability to elicit cooperation from and gain the confidence of a wide variety of participants including other departments and third-party service providers.
• Communication: excellent interpersonal and verbal/written communication skills.
• Independence & Collaboration: proficient at working both independently and in a team-oriented, collaborative environment; able to drive deliverables effectively with limited supervision (at times) with high attention-to-detail.
• Flexibility & Organization: adapt to shifting priorities, demands and timelines through analytical and problem-solving capabilities; proven ability to multi-task and efficiently manage time across competing demands; able to effectively prioritize, execute tasks, and thrive in a high-pressure, fast-paced environment.
• Driving Results: drives issues to closure; is a self-starter committed to achieving results and has a strong sense of ownership and follow-through.

Base Salary Range

$105,000 - $160,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.