Investment Accounting Manager

Investment Accounting Manager – Los Angeles, CA

We looking for an outstanding Investment Accounting Manager to serve as a key member of the Investment Accounting team to run the day-to-day activities of the group. This is a hands-on role that will require detail involvement in accounting and in the financial closing process. The Investment Accounting Manager will maintain the Investment Accounting’s general accounting practices, internal controls and financial analysis and reporting. He/she will also mentor and provide hands-on training to members of the accounting team, as well as develop process efficiencies and improvements.

The Investment Accounting Manager reports to the Investment Controller and initially will have 1 senior accountant and 1 staff accountant under direct supervision.

Essential Duties and Responsibilities:

Manage day-to-day accounting matters, month-end close process.

Review and maintain the Investment Accounting function for a variety of investment types, including single-loans, loan portfolios, preferred equity, and operating real estate

Maintain and improve processes and timing of monthly close, analytical review of monthly operating results and accounting workbooks and ensure compliance with SOX

Develop and review accretion calculations, monthly accruals, monthly and quarterly reporting and cash projections.

Collaborate with operations to identify when hold/disposition assumptions have changed and accretion adjustments are required

Review and understand deal documents, including partnership agreements, joint venture operating agreements and loan agreements

Review and monitor consolidation/elimination entries are complete and accurate

Prepare supporting schedules and compile information for SEC reporting; assist with 10-K/10-Q tie out

Review and monitor contribution, distribution, and loan draw

Mentor and train the Investment Accounting Senior and Staff, including the development and maintenance of accounting procedures manual

Assist with new accounting system implementation

Maintain and update the preparation of the company’s annual budget, monitor operating results and update forecasts; provide ad hoc reporting to management

Coordinate with internal and external auditors

Qualifications:

6-8 years of progressive accounting experience with minimum 3 years in public accounting

CPA preferred

Real estate/REIT or financial services industry experience strongly preferred. Experience in investment management or private equity environment is desirable