Assistant Vice President - Real Estate Fund Operations

AVP- Real Estate Fund Operations (Closed End Funds)

Assistant Vice President will be responsible for maintaining the books and records for various funds within the Closed-end fund accounting team.

Responsibilities will include:

- Overseeing the accounting and reconciliation of cash and investment activities performed by the team

- Supervising the recording and reconciliation of purchase and sale transactions

- Reviewing and validating monthly closing accrual estimates and related postings

- Managing and reviewing the monthly close process and financial reporting deliverables

- Ensuring accurate calculation and review of management, waterfall, and incentive fees

- Overseeing partner-level income and expense allocations, including distribution waterfall updates as per governing documents

- Ensuring accurate preparation and review of distribution and drawdown schedules

- Reviewing monthly, quarterly, and annual financial reports for compliance with U.S. GAAP

- Monitoring the analysis and calculation of performance metrics

- Coordinating with independent auditors, custodians, prime brokers, and fund administrators to support audit and operational processes

- Ensuring documentation and maintenance of internal controls and process workflows

- Overseeing cash planning and liquidity management activities

- Supporting cross-functional coordination with key external stakeholders to meet fund requirements

- Performing other tasks as required.

Qualifications:

- Minimum 12+ years of relevant accounting or audit experience within public accounting or a mix of public accounting and investment management industry experience; experience from fund administration shops is a plus

- Understanding of Fund Accounting and Operations business processes, and ability to initiate and lead process improvements and documentation of standard operating procedures

- Understanding of side pocket accounting

- Understanding of internal rate of returns, time weighted returns and multiple of capital calculations

- Strong knowledge of capital activity processing (e.g. capital calls and distributions)

- Understanding and strong working knowledge of complex management fee and incentive calculations

- Understanding of closed end, evergreen and fund of funds structures

- Solid analytical skills and ability to understand and resolve complex problems

- Knowledge of US GAAP accounting, IFRS GAAP is a plus, operations, reconciliations, account analysis, and management reporting

- Experience in Geneva and Geneva World Investors preferred

- Proficiency in Microsoft Excel, Word, Teams and PowerPoint (PowerBI is a plus)

Education:

Bachelor's degree in accounting or finance. CA/CPA is a plus.