Sr. Accountant POST NUMBER: 454950
This established P/E investment firm with over $25 billion in AUM across a wide range of investment strategies and asset types across the U.S.
This Senior Accountant role will assist with all aspects of financial and investor reporting, as well as operational responsibilities for three value fund portfolios in various stages of the closed-end fund lifecycle.
Location:
San Francisco, CA. The position is hybrid, with in-office expectations three days a week.
Responsibilities:
- Act as main point of contact for finance and accounting projects for account/fund that this individual will support. This involves communication across all departments within the Firm and the fund administrator engaged to work on the value funds.
- Act as liaison for financial reporting and capital account matters to investors, third-party consultants, and/or trustees.
- Support accounting and finance for real estate transactions such as acquisitions, dispositions, financings, etc.
- Responsible for cash projections/planning (requires direct interaction with Portfolio Managers and other departments within the Firm). Includes coordinating and reviewing capital calls, distributions, financing draws/paydowns, and general cash management with fund administrator on the value funds.
- Directly supervise the fund administrator team, including reviewing deliverables before external distribution to investors, third-party consultants, lenders, etc. Provide feedback during review, facilitating a collaborative environment while optimizing operational efficiency.
- Establish working relationship with third-party property teams and joint venture partners to ensure that the required property-level deliverables are provided in accordance with Stockbridge policies. Assist third-party managers and joint venture partners with onboarding for newly acquired properties as well as questions that arise throughout reporting periods, with fund administrator team.
- Partner with Portfolio Management and Investor Relations teams to provide necessary financial information for current and prospective investors.
- Responsible for calculation of performance reporting for investments, investors, and fund/account overall, including review of performance reporting provided by fund administrator on certain funds.
- Research complex accounting issues and assist in formulating appropriate responses.
- Collaborate in the production and review of the fund/account’s quarterly reporting package, ensuring accuracy and timeliness. Deliverables include the GAAP fair value financial statements, investor reports/questionnaires, index reporting and loan compliance calculations.
- Coordinate the external audits, including managing the fund administrator on the open-end fund to provide support directly. Where applicable, oversee the fund administrator’s preparation of accurate and complete audit packages and provide timely, complete and accurate responses to external auditor’s questions or requests for information. For fund/accounts that do not have a fund administrator, provide audit packages and provide timely, complete and accurate responses to external auditor’s questions or requests for information.
- Provide tax preparers with accounting information requested for income tax return preparation.
- Partner with Treasury team to support Treasury needs for respective accounts.
- Bring any accounting/auditing issues to the Controller group’s attention on a timely basis.
- Undertake other assigned duties from time-to-time.
Requirements:
- 2-3 years of accounting experience, preferably minimum 2 years of public accounting experience required
- Real estate background required
- CPA desired
- Preparation of GAAP financial statements and notes
- Excellent communication and organization skills
- Ability to work independently and proactively
- Capable of multi-tasking with ability to prioritize deadlines
- Should possess a strong team-oriented work ethic and energy
- Ability to problem solve
- Detail-oriented and experience with reviewing deliverables
Compensation:
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- The individual’s skill sets, experience and training;
- Licensure and certifications;
- Office location and other geographic considerations;
- Other business and organizational needs.
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 (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 by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring 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 by Highspring 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 by Highspring 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 by Highspring 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 by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring 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 by Highspring 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 by Highspring 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.