Vaco
Job Overview
Title:
Staff Accountant Location:
Newark, NJ, on-site 5 days/week Pay:
$70,000-$90,000 Job Description
We are seeking a detail-oriented and experienced Staff Accountant to join our finance team. The ideal candidate will have a strong background in private lending and/or real estate accounting and demonstrate a deep understanding of private equity financial structures. What you will do
Accounting & Financial Reporting:
Maintain accurate financial records for private lending and real estate investment vehicles. Prepare and review monthly, quarterly, and annual financial statements, ensuring compliance with applicable accounting standards (GAAP or IFRS). Handle the consolidation of financials across multiple entities and projects. Fund Operations:
Manage capital calls, distributions, and investor allocations. Monitor fund expenses and ensure accurate fee calculations, including management and performance fees. Reconcile investment portfolios, bank accounts, and intercompany accounts. Transaction Support:
Support due diligence processes for new investments, including financial modeling and valuation. Assist in structuring and accounting for acquisitions, dispositions, and financing arrangements. Track and analyze loan performance metrics and real estate asset valuations. Compliance & Audit:
Ensure compliance with financial and regulatory requirements specific to private equity and real estate sectors. Collaborate with external auditors and tax advisors to support audits and tax filings. Process Improvement:
Identify opportunities to enhance financial reporting processes and internal controls. Implement new accounting software or systems as needed to support the firm's growth. Qualifications & Experience:
3-5 years of relevant accounting experience with focus on private lending, real estate, or private equity strongly preferred. Knowledge of GAAP required. Bachelor’s degree in Accounting, Finance, or related field; CPA or CFA designation preferred. Proficiency in accounting software and Microsoft Excel; experience with fund accounting systems is a plus. Strong knowledge of financial reporting standards and partnership accounting principles. Experience with REITs or loan portfolios is highly desirable. Exceptional analytical and organizational skills with attention to detail. Ability to work independently and collaboratively in a fast-paced environment. Must-have / Nice-to-have
Must-have: Real estate accounting background and a bachelor8s in Accounting or Finance QuickBooks strongly preferred Nice-to-have (trainable): Private equity/fund accounting experience Benefits
Flexible PTO (15-20 days recommended, plus 11 holidays) Health, dental, vision, disability, and life insurance 401k launching next year Benefits package undergoing an upgrade in March EEO & Privacy
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice: Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, religion or creed, national origin, citizenship, age, disability, veteran status, or any other protected characteristics as required by law. Reasonable accommodations are available upon request. For accommodations, please contact HR. Privacy Notice: We respect your privacy and provide access to our applicable policies. California, Virginia, and other residents may review policies as described in our notices.
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Title:
Staff Accountant Location:
Newark, NJ, on-site 5 days/week Pay:
$70,000-$90,000 Job Description
We are seeking a detail-oriented and experienced Staff Accountant to join our finance team. The ideal candidate will have a strong background in private lending and/or real estate accounting and demonstrate a deep understanding of private equity financial structures. What you will do
Accounting & Financial Reporting:
Maintain accurate financial records for private lending and real estate investment vehicles. Prepare and review monthly, quarterly, and annual financial statements, ensuring compliance with applicable accounting standards (GAAP or IFRS). Handle the consolidation of financials across multiple entities and projects. Fund Operations:
Manage capital calls, distributions, and investor allocations. Monitor fund expenses and ensure accurate fee calculations, including management and performance fees. Reconcile investment portfolios, bank accounts, and intercompany accounts. Transaction Support:
Support due diligence processes for new investments, including financial modeling and valuation. Assist in structuring and accounting for acquisitions, dispositions, and financing arrangements. Track and analyze loan performance metrics and real estate asset valuations. Compliance & Audit:
Ensure compliance with financial and regulatory requirements specific to private equity and real estate sectors. Collaborate with external auditors and tax advisors to support audits and tax filings. Process Improvement:
Identify opportunities to enhance financial reporting processes and internal controls. Implement new accounting software or systems as needed to support the firm's growth. Qualifications & Experience:
3-5 years of relevant accounting experience with focus on private lending, real estate, or private equity strongly preferred. Knowledge of GAAP required. Bachelor’s degree in Accounting, Finance, or related field; CPA or CFA designation preferred. Proficiency in accounting software and Microsoft Excel; experience with fund accounting systems is a plus. Strong knowledge of financial reporting standards and partnership accounting principles. Experience with REITs or loan portfolios is highly desirable. Exceptional analytical and organizational skills with attention to detail. Ability to work independently and collaboratively in a fast-paced environment. Must-have / Nice-to-have
Must-have: Real estate accounting background and a bachelor8s in Accounting or Finance QuickBooks strongly preferred Nice-to-have (trainable): Private equity/fund accounting experience Benefits
Flexible PTO (15-20 days recommended, plus 11 holidays) Health, dental, vision, disability, and life insurance 401k launching next year Benefits package undergoing an upgrade in March EEO & Privacy
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. EEO Notice: Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, religion or creed, national origin, citizenship, age, disability, veteran status, or any other protected characteristics as required by law. Reasonable accommodations are available upon request. For accommodations, please contact HR. Privacy Notice: We respect your privacy and provide access to our applicable policies. California, Virginia, and other residents may review policies as described in our notices.
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