H.I.G. Realty – Supervisor of Real Estate Fund Accounting recruitment

 We are currently building a balanced real estate portfolio of value-added real estate investments, in a wide variety of asset classes. We are currently recruiting for an experienced real estate accounting professional to fill this "Hands on" position of Supervisor of Real Estate Fund Accounting to help the company meet the accounting and reporting demands of our fund’s growing portfolio. The position reports to the Finance Director, dotted line to the Assistant Controller, and key duties will include:

PRINCIPAL RESPONSIBILITIES:

• All accounting and reporting functions (financial and tax) for the Fund

• Hands on accounting and analysis in the portfolio investments, where appropriate

• Prepare monthly internal reporting packages, annual budgets and cost analyses

• Prepare and distribute quarterly/annual reports to partners

• Maintain the books and records of the Fund

• Maintain partner schedules of capital contributions, remaining capital commitments, distributions paid and annual tax allocations

• Coordinate and supervise the annual audits, including:  preparation of all necessary supporting worksheets and follow-up on all questions and requests for additional information

• Provide all data necessary for preparation of tax filings by the independent tax accountants; and coordinate preparation and mailing of K-1 schedules

• Manage the policies/procedures and financial reporting of various operating companies

• Ad hoc financial projects

• Responsible for the accounting and quarterly financial reporting to investors.

• Participate in monitoring all investments and analyze the related performance

• Coordinate tax information for the preparation of income tax returns by outside advisors

• Oversee fund cash flow requirements, including coordination of capital calls and investor payments

• Facilitate the investment funding process and the related borrowings by coordinating with investment and treasury professionals plus outside investment financiers.

• Ensure that all transactions are in compliance with the Fund’s Partnership Agreement

• Assist the team members with special projects and presentations, as required

SKILLS:

• Strong accounting and good tax knowledge.  Prior Real Estate fund accounting experience, a must.

• Ability to interpret and apply analysis to complex legal documents and financial transactions.

• Ability to work in a "Hands on" working environment

• Professional individual with solid written and oral communication skills and an energetic attitude

• Ability to prioritize several tasks at one time and meet tight deadlines

• Ability to interact directly with Senior Management of the Firm

• Strong analytical skills and strict attention to detail.

• Current in accounting pronouncements and exposure drafts

• Expert knowledge of Excel and Word.  Experience with Yardi and QuickBooks a Plus.

EDUCATION and/or RELEVANT EXPERIENCE:

• 4 – 5+ years of public accounting experience required. 

• Strong Financial Reporting and  Accounting experience

• Bachelors in Accounting or Finance.  CPA required.  MBA/MS Finance, a plus.

• Relevant audit or actual work experience in the private equity/partnership accounting and financial reporting areas strongly desired.

Interested candidates please hit APPLY ONLINE below and submit their cover letter and resume to: