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Abacus Group, LLC

VP of Property Accounting

new york, NY

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Job description

Our client is a real estate firm. They seek a VP of Property Accounting to join their Manhattan, NY office.

Responsibilities

Oversee the preparation and review of monthly, quarterly, and annual financial statements, footnotes, and schedules to ensure GAAP compliance and timely delivery

Coordinate audit and tax processes with external accountants, ensuring accurate and on-time audited financials and investor tax reporting

Partner with Investor Relations to review and approve limited partner communications, including capital calls, distributions, and partner statements

Analyze complex transactions and collaborate with the CFO, CAO, acquisitions, and asset management teams to ensure proper GAAP accounting for acquisitions and dispositions

Evaluate property-level and portfolio analytical reports, providing variance analysis and financial insights

Manage relationships with external fund administrators and outsourced accounting teams, resolving issues and enforcing standards and timelines

Interpret governing documents and side letters to apply allocation mechanics, fee calculations, carried interest, and related legal terms

Collaborate with investment, valuation committees, and asset management on quarterly asset valuations, forecasts, and budgets

Strengthen internal controls, accounting processes, and technology through automation initiatives and policy compliance

Lead and develop accounting staff while responding to investor and management inquiries with strategic analysis and special project support

Requirements

7-10 years of relevant experience

Combo or private experience

Real estate experience is required

Exposure to real estate funds is a plus

Ability to multitask and manage multiple projects

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Worksite address

new york, NY, 10261, US

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.

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