CLOUD CAPITAL

Job Type

Full-time

Description
Who We Are
Cloud Capital is a global investment management firm founded by Hossein Fateh, the Founder and CEO of CloudHQ LLC and Co-founder and former CEO of DuPont Fabros Technology (DFT). The firm was established to identify and capitalize on acquisitions of high-quality data centers across the globe. Led by a team of highly experienced investment professionals and supported by CloudHQ, Cloud Capital will acquire, manage, develop and operate data centers to become the long-term owner and operator of choice for tenants globally.

What The Role Entails
The VP, Fund Controller will report directly to the SVP Finance & Fund Controller US and be responsible for the accounting and reporting of the Cloud Capital US fund entities, as well as oversee the property-level accounting for the related portfolio of data centers. This person will work with our internal teams and external providers to provide accurate accounting and reporting data to our investors, lenders and management. This candidate should have 10-15 years' relevant experience in the private equity fund, data center and/or commercial real estate sector in increasingly challenging roles and should be able to adapt to the needs of our growing data center fund.

What You Will Do

• Manage and oversee the full-cycle accounting close process for the Cloud Capital funds.
• Manage the quarterly NAV and financial statement process, coordinating with our third-party fund administrator.
• Deliver accurate and timely investor reporting on a quarterly basis.
• Respond to investor queries and other bespoke periodic reporting.
• Oversee and manage investor capital accounts for the Cloud Capital funds.
• Work with third-party fund administrator to manage capital calls and investor distributions.
• Develop and document systems, processes and controls.
• Assist with potential investor due diligence.
• Review property-level lender reports and ensure lender reporting requirements and deadlines are met.
• Manage the annual budget process and timeline for operational data center assets, working closing with our property management teams.
• Oversee the annual audit of our fund entities.
• Manage the treasury needs of the fund entities, facilitating the movements of cash through the ownership structure for capital calls, distributions and fund expenses.
• Manage and ensure proper accounting treatment of the interest rate hedging activities.
• Manage and ensure proper accounting treatment of foreign currency hedging activities.
• Monitor REIT-compliance within the fund structure.

We expect all our team members to be highly motivated to work in an environment that values innovation and understands that the nature of our business sometimes leads to changes in priorities. Your desire for success will ensure that projects are moving forward, with a sense of urgency, regardless of the challenges.

Requirements
What You Bring to the Role
Education:
Bachelor's degree in Accounting

Experience
: Active CPA with years of relevant experience.

Required Knowledge/Skills/Abilities

• Proficiency in GAAP financial statement accounting and understanding of financial flows.
• Strong quantitative/numerical skills and proficiency in Excel.
• Knowledge of taxation for REITs/real estate investments.
• Yardi experience a plus.
• Must be highly process-oriented and have experience with organizational control environments.
• Exceptional attention to detail and organizational skills.
• Strong work ethic and self-motivation.
• Demonstrated professional verbal and written communication skills.
• Strong teaming skills; works well with internal and external team members and drives execution through collaboration and networking.
• Entrepreneurial and thrives in a fast-paced, changing environment.

What We Offer
Cloud Capital's people and culture are the most enriching aspects that make us a great place to work. We are strengthened by industry experts who bring extensive knowledge, skill, and experience; leaders who bring vision, innovation and commitment to our people; and an expanding team of individuals who believe in that vision and bring their best to support their customers and team.

Our employees enjoy competitive compensation and rewarding incentives, comprehensive benefits (medical, dental, vision, life insurance, disability), 401(k) with match, 12 paid holidays, generous PTO, development opportunities, and the ability to closely impact and contribute to the growth of an exceptional organization.

Equal Employment Opportunity
Cloud Capital is an equal employee opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, age, national origin, disability, sexual orientation, gender identity or expression, marital status, genetic information, protected veteran status, or other legally protected status.