Commercial Property Financial Manager
6 days ago
Estimated Salary: $130,000 - $170,000 per year
About the PositionWe are seeking a highly skilled Commercial Property Financial Manager to join our team at Searchlogic Recruiting, LLC. In this role, you will be responsible for managing the financial aspects of our co-invest funds, REITs, and other investment-level entities.
The ideal candidate will have experience in public accounting, preferably with a Big-4 firm, and worked with commercial real estate or private equity funding. You will work closely with our investor relations and operations teams to complete the reporting requirements of co-invest funds, REITs, and other investment-level entities.
You will be responsible for preparing all quarterly and annual audited financial statements for the funds, as well as some underlying properties, and coordinating with auditors and/or tax preparers. Additionally, you will update and analyze valuation waterfalls for all Fund property investments on a quarterly basis for investments held longer than 1 year.
Key Responsibilities- Post monthly and annual close activities for a portfolio of fund and REIT/TRS entities and their underlying properties.
- Thoroughly review all financials and reconciliations to ensure accurate reporting.
- Prepare all quarterly and annual audited financial statements for the funds, as well as some underlying properties, and coordinate with auditors and/or tax preparers.
- Ensure compliance by referencing legal documents as necessary.
- Assist the Controller with monthly/quarterly calculations of distributable proceeds, and record distributions received by the fund/upper-tier entity in the general ledger.
Requirements
- 2-4 Years of experience in public accounting.
- Big 4 firm experience preferred.
- Fund accounting and real estate experience preferred.
- Strong organizational, quantitative, and analytical skills.
- Exceptional attention to detail.
- Deep understanding of GAAP, financial accounting processes, and general ledger reconciliation.
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