Job Description

ACT Consulting has an immediate need for a Fund Accountant with our direct client.

Please take a moment to review the job description. If this is something you are interested in, please send a copy of your resume to or contact us at 860-919-5420 for additional details.

ACT Consulting is a U.S. owned and operated staffing company providing our clients with candidates on a national basis for contract, contract to hire, and direct hire engagements. Our clients are comprised mostly of Fortune 1000 companies, primarily in the areas of Information Technology, Engineering, Professional, Accounting and Finance.

Location: New York, NY

Duration: Direct Hire

Title: Fund Controller Pay Rate: Commensurate with experience

The finance team is responsible for the accounting, financial and investor reporting for a series of real estate focused public and private equity investment funds. The Funds are internally managed, with the finance group operating in a collaborative team environment, sharing responsibilities across multiple areas of focus.

Responsibilities:

• Preparation of the Quarterly and Annual Reports of their assigned Funds, and related affiliated feeders and General Partner entities.
• Ensuring that transactional activity is appropriately recorded in the general ledger (MRI), reconciling accounts and positions and preparing workpapers that support the Quarterly and Annual Reports issued.
• Supporting the Treasury operations group related to the activities of their assigned Funds, including management and oversite of Fund level cash positions, participating in the wire transfer approval process, managing vendor payments, preparing borrowing notices for subscription credit facilities, and monitoring schedule cash collections.
• Supporting the Capital Management process including calculation of capital calls and distribution allocations, preparation of notices and supporting ILPA schedules, etc.
• Performance measurement, including calculation of IRRs, investment multiples and time-weighted returns.
• Preparation of periodic investor supplemental reports, including information related to the funds and their underlying investments.
• Working with and providing support to the Tax team related to blocker tax payment calculations and REIT compliance monitoring.
• Working closely with others on the team to help support the Investment Management, Legal and Investor Relations teams.

Qualifications:

We are seeking a candidate with a Bachelor\'s degree in Accounting (CPA preferred), with a minimum of 4 years of Big 4 public accounting experience, with a Private Equity or Real Estate focus, or the equivalent or greater level of experience in other sectors.
Other Key factors considered are:

• Strong leadership skills are important.
• Demonstrated ability to take on incremental additional responsibilities and manage others.
• Willingness to work in a collaborative environment, ability to communicate effectively, yet able to handle complex tasks independently.
• Dedicated to the success and achieving the organization\'s goals.
• Excellent analytical skills, strong planning and organizational skills.
• Strong written and verbal communication skills.
• Ambitious and able to work well under pressure.

ACT Consulting