Senior Tax Associate
The Renaissance Network, Inc.
Senior Associate - Fund Accounting
Harrison Street
full-time
Posted on:
Origin: • 🇺🇸 United States • Illinois
Visit company websiteSalary
💰 $95,000 - $125,000 per year
Job Level
Senior
About the role
- Perform detailed review of investor deliverables prepared by the fund administrator including Investor Account Statements, Capital Call Notices, Distribution Notices and Redemption Notices.
- Assist in the capital call and distribution process, working closely with the Portfolio Management team for Fund cash analyses and projections to determine cash needs or cash availability for distribution.
- Perform a detailed review of fund-level deliverables prepared by the third-party fund administrator, including but not limited to trial balances, accruals, schedule of investments, fair value adjustments, and waterfall models.
- Effectively communicate with third-party fund administrator to ensure accurate and timely reporting.
- Compile AML KYC documents for the third-party fund administrator for acquisitions.
- Monitor fund-level bank accounts and review financial activity prepared and booked by the fund administrator.
- Prepare opening and closing entries for acquisitions and dispositions of investments.
- Provide financial information to the Tax team for tax compliance and provision calculations.
- Perform detailed review of investment-level financial information for reasonableness and communicate adjustments as necessary.
- Build an effective working relationship with existing joint venture partners and onboard new joint venture partners.
- Coordinate with joint venture partners/3rd party managers to obtain property-level financial information
- Prepare budget to actual variance analysis
- Work directly with independent auditors throughout the year to complete the fund-level year-end audits.
- Manage the property level audits with joint venture partners and independent auditors.
- Continuous improvement attitude. Ability to seek out and implement internal or external best practices.
- Strong analytical abilities and perseverance to solve problems with high attention to detail.
- Other duties as assigned.
Requirements
- Bachelors degree in Accounting or Finance
- A minimum of 4+ years of accounting experience with public accounting experience preferred
- Real estate/Infrastructure or financial services experience preferred
- CPA license preferred
- Great interpersonal and excellent communication skills, both written and verbal
- Sound knowledge of accounting principles, standards, and regulations
- Strong numeracy and analytical skills
- Detail-oriented with a passion for accuracy
- Good problem-solving and time management skills
- Highly organized
- Continuous improvement mentality
- Works well in a team environment
