Accounting Manager (RE Fund) | Up to $155k + Bonus POST NUMBER: 431519

Los Angeles, CA, US On-Site
December 4th, 2024
Real Estate
Vaco
$ 135000.00 - 155000.00 yearly
direct hire
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Our client is one of the largest Middle Market RE commercial funds in LA with over $xB in AUM. They are seeking an Accounting Manager to join their team, where you will be the first corporate accounting individual in the company and report directly to the CFO.
What you’ll be doing:
  • Reviewing and maintaining the books and records of investment funds
  • Review monthly management accounts of US subsidiaries, ensuring the accuracy, integrity, and compliance of financial records and reports
  • Perform financial analysis to support the company's financial strategy and decision-making processes
  • Review companies’ budgets, monitor performance against budgets and forecasts, investigate and explain variances
  • Maintain and monitor companies’ KPIs, provide insights into trends, and business opportunities or risks
  • Manage and prepare financial reports for shareholders and external stakeholders
  • Review, maintain, and improve the internal controls to safeguard company assets, prevent fraud, and ensure accurate financial reporting
  • Support mergers, acquisitions, and other major financial transactions, including due diligence and integration
  • Accounting for complex corporate actions;
  • Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents;
  • Coordinating with funds' independent auditors and fund administrators

What you’ll need:
  • CPA required
  • Minimum 5-7 years relevant accounting or audit experience within Big Four public accounting or a mix of public accounting and investment management industry experience;
  • Strong knowledge of accounting principles, financial regulations and financial reporting standards (e.g., GAAP and IFRS)
  • Solid analytical skills and ability to understand and resolve complex problems;

What’s in it for you:
  • 401k match, fully paid medical, wellness perks
  • Ability to be promoted to controller within 1-2 years if performance expectations are met

Vaco 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 is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

  • California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
  • Virginia residents may access our state specific policies here.
  • Residents of all other states may access our policies here.
  • Canadian residents may access our policies in English here and in French here.
  • Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

  • the individual’s skill sets, experience and training;
  • licensure and certification requirements;
  • office location and other geographic considerations;
  • other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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