Verticals Accounting Advisory
Overview
Verticals Accounting Advisory ("Verticals") is currently seeking to expand its Fund Accounting Client Services team with a position that serves as a Fund Controller, providing accounting, financial reporting, and administrator services to clients. Clients view this position as their outsourced fund administration and fund accounting that operates at a manager level serving as their point-of contact for deliverables and inquiries. Expectation is to highly excel in this position and exhibit mastery that allows for progression to the next level that would involve increased leadership in client relationships, new engagements onboarding, business operations, and/or staff development. Typical client engagements entail full-cycle property accounting review and upper-tier entities accounting that further flows those results into preparing consolidated financials, waterfall calculations, and investor reporting. Other engagements may be of a special-purpose nature such as system/automation implementations or customized periodic reporting. This position’s capacity may be filled by serving more than one client or multiple engagements of one client. The ideal Fund Controller candidate to join the Verticals team would have at least 10 years of experience in real estate accounting and/or audit in a Fund structure, with a track record of excellent client service skills. Successful experience in handling multiple tasks with various deadlines is key because the assignments may involve one or more clients/engagements. ROLE & RESPONSIBILITIES
Fund and mid-tier entities accounting - provide client's in-house accounting for all financial activity or supervise a staff or senior accountant Consolidated financial statements with notes - produce and deliver quarterly financials Transactions accounting for acquisitions, dispositions, and financing Property accounting – review client's outsourced property accounting and indirectly manage that team; lead annual processes such as budgeting, reforecasting, CAM reconciliations Development accounting – coordinate with peer who specifically handles development accounting, to consolidate the results of their monthly close process General Partner entity accounting - cash transactions accounting, monthly-close, financial reports Capital Calls - prepare client's proposed amounts and notices Distributions - prepare client's proposed amounts, notices and wires for client approval, deliver notices NAV Statements - prepare in conjunction with Consolidated Financial Statements Investor portal maintenance - overall maintenance of postings to investor portal, manage connectivity Investor requests management - receive, organize and monitor investor requests Utilize accounting and financial reporting systems to generate portfolio data and reports Assist and support technology initiatives such as use of automations and artificial intelligence QUALIFICATIONS
Bachelor’s Degree in Accounting; CPA is a plus 10+ years of experience accounting for commercial real estate; audit and/or fund accounting experience is a plus MRI experience is a plus; Microsoft Excel skill level at least Intermediate Delivers accurate and complete results in fast-paced environments Professionally mature in time management, prioritizing multiple deadlines, and responsiveness Effective and proactive communication that is confident, clear, and concise Strong interest in implementing and utilizing technological advancements such as automation and artificial intelligence Emotionally intelligent in receiving feedback and responding to changes COMPENSATION
Salary commensurate with experience, plus 25% Bonus based on performance Opportunities for additional compensation for system implementation projects on a case-by-case basis 401(k) Profit Sharing Plan with employer match Medical Insurance selection flexibility under Health Reimbursement Arrangement plan Hybrid work environment Paid Time Off, as reasonably requested and approved FIRM
Verticals was established with extensive experience providing accounting and financial reporting services to the real estate industry. This experience uniquely spans across a wide range of functions that delivers an all-inclusive services package to Fund Managers, covering various aspects of financial reporting responsibilities: Fund Administration and Accounting, Operating and Development Properties, Investor Relations, Lending and Banking Relationships, Joint Ventures, Corporate Operations, and other areas of the constantly evolving real estate industry. Our other verticals are business start-ups and accounting education, which formed out of the founder’s strong interest in increasing the sustainability of startup businessowners and strengthening the pool of young professionals entering the accounting industry. A specific focus is placed on individuals and companies with limited visibility and access to the tools and planning needed for success. THE LEADERS
Clients have a direct relationship with Verticals leaders assigned to lead the engagement and deliverables. The team not only fulfills the deliverables but also provides advisory support from the financial impact point of view. Our services are not further outsourced so we can provide a comfortable experience of personal interaction. We have combined experience in areas such as fund administration and reporting, investor requests, property accounting, accounts payable, general accounting, and clerical functions. The founder oversees client relationships and assigns trusted and seasoned professionals to directly lead. The founder of Verticals has extensive experience in accounting and financial reporting, working with industry leaders such as State Street, Morgan Stanley, Cousins, and Hines, to name a few. The specialty is real estate fund accounting and financial reporting, with a constant audit-preparation point of view. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing and Finance Accounting
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Verticals Accounting Advisory ("Verticals") is currently seeking to expand its Fund Accounting Client Services team with a position that serves as a Fund Controller, providing accounting, financial reporting, and administrator services to clients. Clients view this position as their outsourced fund administration and fund accounting that operates at a manager level serving as their point-of contact for deliverables and inquiries. Expectation is to highly excel in this position and exhibit mastery that allows for progression to the next level that would involve increased leadership in client relationships, new engagements onboarding, business operations, and/or staff development. Typical client engagements entail full-cycle property accounting review and upper-tier entities accounting that further flows those results into preparing consolidated financials, waterfall calculations, and investor reporting. Other engagements may be of a special-purpose nature such as system/automation implementations or customized periodic reporting. This position’s capacity may be filled by serving more than one client or multiple engagements of one client. The ideal Fund Controller candidate to join the Verticals team would have at least 10 years of experience in real estate accounting and/or audit in a Fund structure, with a track record of excellent client service skills. Successful experience in handling multiple tasks with various deadlines is key because the assignments may involve one or more clients/engagements. ROLE & RESPONSIBILITIES
Fund and mid-tier entities accounting - provide client's in-house accounting for all financial activity or supervise a staff or senior accountant Consolidated financial statements with notes - produce and deliver quarterly financials Transactions accounting for acquisitions, dispositions, and financing Property accounting – review client's outsourced property accounting and indirectly manage that team; lead annual processes such as budgeting, reforecasting, CAM reconciliations Development accounting – coordinate with peer who specifically handles development accounting, to consolidate the results of their monthly close process General Partner entity accounting - cash transactions accounting, monthly-close, financial reports Capital Calls - prepare client's proposed amounts and notices Distributions - prepare client's proposed amounts, notices and wires for client approval, deliver notices NAV Statements - prepare in conjunction with Consolidated Financial Statements Investor portal maintenance - overall maintenance of postings to investor portal, manage connectivity Investor requests management - receive, organize and monitor investor requests Utilize accounting and financial reporting systems to generate portfolio data and reports Assist and support technology initiatives such as use of automations and artificial intelligence QUALIFICATIONS
Bachelor’s Degree in Accounting; CPA is a plus 10+ years of experience accounting for commercial real estate; audit and/or fund accounting experience is a plus MRI experience is a plus; Microsoft Excel skill level at least Intermediate Delivers accurate and complete results in fast-paced environments Professionally mature in time management, prioritizing multiple deadlines, and responsiveness Effective and proactive communication that is confident, clear, and concise Strong interest in implementing and utilizing technological advancements such as automation and artificial intelligence Emotionally intelligent in receiving feedback and responding to changes COMPENSATION
Salary commensurate with experience, plus 25% Bonus based on performance Opportunities for additional compensation for system implementation projects on a case-by-case basis 401(k) Profit Sharing Plan with employer match Medical Insurance selection flexibility under Health Reimbursement Arrangement plan Hybrid work environment Paid Time Off, as reasonably requested and approved FIRM
Verticals was established with extensive experience providing accounting and financial reporting services to the real estate industry. This experience uniquely spans across a wide range of functions that delivers an all-inclusive services package to Fund Managers, covering various aspects of financial reporting responsibilities: Fund Administration and Accounting, Operating and Development Properties, Investor Relations, Lending and Banking Relationships, Joint Ventures, Corporate Operations, and other areas of the constantly evolving real estate industry. Our other verticals are business start-ups and accounting education, which formed out of the founder’s strong interest in increasing the sustainability of startup businessowners and strengthening the pool of young professionals entering the accounting industry. A specific focus is placed on individuals and companies with limited visibility and access to the tools and planning needed for success. THE LEADERS
Clients have a direct relationship with Verticals leaders assigned to lead the engagement and deliverables. The team not only fulfills the deliverables but also provides advisory support from the financial impact point of view. Our services are not further outsourced so we can provide a comfortable experience of personal interaction. We have combined experience in areas such as fund administration and reporting, investor requests, property accounting, accounts payable, general accounting, and clerical functions. The founder oversees client relationships and assigns trusted and seasoned professionals to directly lead. The founder of Verticals has extensive experience in accounting and financial reporting, working with industry leaders such as State Street, Morgan Stanley, Cousins, and Hines, to name a few. The specialty is real estate fund accounting and financial reporting, with a constant audit-preparation point of view. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing and Finance Accounting
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