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Arche

Remote Fund & Sr. Fund Controllers #201547

Arche, San Francisco, California, United States, 94199


Two (2) Fund Controller positions with Fortune 100 global company listed below. 1) Senior Fund Controller 2) Fund Controller. These two positions pay between

$130-165K + target bonus

respectively. Both positions are

hybrid remote , meaning work from home and spending sometime in the office when required. The company offers an outstanding corporate culture with

lots of room for advancement along with

exceptional work life balance .

The positions can be based out of New York City, NY., Dallas Forth Worth Metroplex, TX., Minneapolis, MN., or Los Angeles, CA.

1) Senior Fund Controller #201445

JOB SUMMARY

The Senior Fund Controller Manages the work activities of an accounting team. Responsible for oversight and development of Staff. Oversees the accounting and reporting requirements on fund investments including set up and accounting for complex multi-tier investment entities. Reviews monthly, quarterly and annual portfolio level consolidated financial statements and other client reporting. Responsible for oversight of fund level reporting and coordination of client equity contributions and distributions. Supports new business initiatives. Position is with Fortune 100 global company.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Financial Statement & Budgets: Reviews and verifies financial information including monthly, quarterly and annual financial statements for commingled funds and separate accounts prior to submittal to client and investors. Produces statements and other required financial information including but not limited to investor funded and unfunded commitments, asset accrual methodology and output. Provides qualitative analysis and comments. Maintains shareholder registries. Prepares periodic financial statements and assists with audit and tax preparation and audit review. May review the work of junior team members. Manages portfolio budgets, forecasts and reports for clients/investors. Completes in an accurate and timely manner. Monitors Financial Performance: Monitors financial performance, provides a forward-looking view and strategic advice to the executive leadership team. Compiles and analyzes detailed data. Reviews periodic P&L calculations at the fund and investor levels. Treasury Function: Manages and operates the treasury/ cash management function and ensures an adequate accounting function of the product. Reviews system prepared reports and supporting schedules for accuracy. Reviews and signs-off on fund level bank account reconciliations. Assists in discussion with banks and financial institutions, assist with handling financing arrangements and execution of loan agreements. Maintains relationships with external parties, Risk Management: Manages financial/legal/tax risks and ensures segregation of duties and a suitable control framework is in place. New Business Participation & Structuring: May participate in new business proposals. Manages capital request and budgeting progress, reviewing new contracts and business opportunities. Manages financial transactions related to new business proposals. Assists on structuring investments and raising capital. Pricing Platform & Fund Valuation: In Asia, maintains Fund Valuation Principals “FVP” for limited partnership interest pricing, NAV Calculation: May review junior team member's work product, including NAV calculations, financial packages, to ensure its complete, accurate and timely release to internal departments and external clients. Investors' Contact: Is a contact point for investors. Feeds data for client presentations. May design and prepare presentations on financials. Reviews/prepares IRR and performance models. Customer Service: Troubleshoots escalated issues and ensures internal and external customer requests are handled timely, accurately and with a focus on customer service. Creates a positive customer experience by opening and maintaining constructive and reliable lines of communication. Transitions: Participates and/or leads all aspects of internal and external property and client transitions. Works with other internal teams in handling special requirements as defined in the Management Agreement and scope of services in the Financial Services Agreement. Systems Implementation: Participates in the implementation and maintenance of the accounting/reporting systems. Coordinates and ensures completion of annual audits by required deadlines. Special Projects: Works with other internal teams in handling special requirements or projects. Remains current with changing environment/regulations, responsible for impact on fund accounting practice. Other Duties: Performs other duties as assigned

SUPERVISORY RESPONSIBILITIES

Supervising Staff of 2 -3. Also may not have supervisory responsibilities. If there are direct reports, would support Staff in areas of staffing, selection, training, development, coaching, mentoring, measuring, appraising and rewarding performance and retention. Leads by example and models behaviors that are consistent with the company's values. QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and EXPERIENCE

Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of six years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting required with real estate accounting or fund accounting software systems. Requires prior supervisory experience and experience with real estate accounting or fund accounting software systems.

CERTIFICATES and/or LICENSES

Certified Accountant qualifications in relevant jurisdictions. COMMUNICATION SKILLS

Ability to comprehend, analyze, and interpret complex business documents. Ability to effectively write reports, manuals, speeches and articles using distinctive style. Ability to effectively respond, verbally and written, to sensitive issues, complex inquiries or complaints. Ability to make effective presentations on general topics. Ability to inspire and motivate employees and client groups to take desired action. Requires a high level of commitment to customer service, whether co-workers or clients.

FINANCIAL KNOWLEDGE

Requires in-depth knowledge of financial terms and principles. Able to forecast and prepare budgets. Conducts complex financial/business analysis including the preparation of complex reports. Advanced technical financial skills and comprehensive knowledge of GAAP, FASB, REIS, IFRS, and in-region/in-country standards.

2)

Fund Controller #201294

JOB DESCRIPTION The Fund Controller of Investment Accounting & Reporting Solutions Manages the work activities of an accounting team. Responsible for oversight and development of staff. Oversees the accounting and reporting requirements on fund investments including set up and accounting for complex multi-tier investment entities. Reviews monthly, quarterly and annual portfolio level consolidated financial statements and other client reporting. Responsible for oversight of fund level reporting and coordination of client equity contributions and distributions. Position is with Fortune 100 global company.

ESSENTIAL DUTIES AND RESPONSIBILITIES Reviews and verifies financial information including monthly, quarterly and annual financial statements for commingled funds and separate accounts prior to submittal to client and investors. Reviews joint venture financial statements.

Reviews system prepared reports and supporting schedules for accuracy. Reviews and signs-off on property and fund level bank account reconciliations.

Partners with field and account management teams to ensure they have a working knowledge of team's client Management Agreements and that they are properly maintained per department policy and requirements/terms. Ensures team managers are reviewing management fee calculations to be in accordance with the current Management Agreement.

Troubleshoots escalated issues and ensures internal and external customer requests are handled timely, accurately and with a focus on customer service. Creates a positive customer experience by opening and maintaining constructive and reliable lines of communication.

Reviews and analyze performance returns, advisor incentive fees, and acquisition / disposition fees on real estate investments. Reviews valuation models for reasonableness in determining asset fair market values.

Maintains a thorough understanding of each legal entity and debt structure, prepares interest billings monthly, and monitors compliance by the debtor with specific deal requirements. Coordinates and insures completion of annual audits by required deadlines.

Sets up, analyzes and reviews joint venture structures and underlying inquiries, subscriptions, and redemptions terms and conditions. Sets up, analyzes and reviews interest rate, currency and credit swap calculations.

Reviews periodic P&L calculations at the fund and investor levels. May assist with internal and external property and client transitions. Works with other internal teams in handling special requirements as defined in the Management Agreement. Performs other duties as assigned.

SUPERVISORY RESPONSIBILITIES Provides formal supervision to individual employees within single functional or operational area. Recommends staff recruitment, selection, promotion, advancement, corrective action and termination. Plans and monitors appropriate staffing levels and utilization of labor, including overtime. Prepares and delivers performance appraisal for staff. Mentors and coaches team members to further develop competencies. Leads by example and models behaviors that are consistent with the company's values. EDUCATION and EXPERIENCE Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of six years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting required with real estate accounting or fund accounting software systems. Requires prior supervisory experience and experience with real estate accounting or fund accounting software systems. CERTIFICATES and/or LICENSES CPA, CMA or other relevant professional certifications a plus. An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols including COVID-19 proof of vaccination when required. Equal Opportunity Employer Genesis Management Consulting Global is an Equal Opportunity-Affirmative Action Employer. As a company we promote and are committed to equal employment opportunities for all regardless of the persons gender, race, color, religion, ancestry, sex, age, national origin, marital status, sexual orientation, disability, Veteran status, or gender identity. If you have special needs or a disability which requires our accommodation, please make us aware when applying.

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