Manager- Fund Accounting and Reporting

What we are and what we do:-

Gallagher & Mohan works exclusively within the real estate industry. Our mission is to provide financial analysis, marketing, and accounting support to our clients. Our clients are real estate-focused private equity investors, developers, fund managers, brokers, and more. We pride ourselves on our quality, our strong communication, and our work ethic. We are a natural extension of our client’s existing infrastructure. The type of transactions we currently work on range from multifamily apartment complexes to large office towers in the United States and European markets and range in value sizes from $10 million USD - $200 million+ USD.

What we are looking for:-

We are seeking a qualified chartered accountant for the designation of Manager Fund Accounting & Reporting to lead the financial reporting and accounting functions for a portfolio of investment funds. This role will oversee the preparation of financial statements, manage investor relations, and ensure the integrity of fund performance reporting. You will be responsible for guiding a team, collaborating with third-party administrators, driving process improvements, and overseeing audit and tax filing activities. This position demands a strong understanding of fund accounting, waterfall calculations, and internal controls, while also providing strategic oversight for the department's operations.

Key Responsibilities:

• Leadership in Financial Reporting & Consolidation:
• Lead the preparation and review of consolidated financial statements at the partnership level for monthly, quarterly, and annual reporting packages.
• Oversee the accuracy and timeliness of all financial reports, ensuring they meet investor and regulatory requirements.
• Management of Monthly Fund Closings:
• Direct the monthly fund closing process, ensuring the completion of necessary supporting schedules and accurate reconciliations for each fund.
• Ensure all internal and external stakeholders are aligned in terms of deadlines and deliverables.
• Journal Entry Oversight & Fund-Level Accounting:
• Supervise the review and approval of fund-level journal entries to ensure compliance with accounting standards and regulatory frameworks.
• Provide guidance to the accounting team on complex journal entries, reconciliations, and technical accounting issues.
• Waterfall Distribution & Performance Reporting:
• Lead the calculation and analysis of waterfall distributions for various funds, ensuring timely and accurate reporting on investor returns.
• Work with senior management to develop clear, insightful reports on fund performance for internal and external stakeholders.
• Collaboration with Third-Party Administrators:
• Manage relationships with third-party fund administrators, ensuring accurate, timely, and consistent monthly and quarterly deliverables.
• Review and approve all reports provided by administrators, ensuring they align with internal accounting and reporting standards.
• Audit & Tax Filing Leadership:
• Oversee year-end audit processes, ensuring the preparation of all necessary documentation and coordination with external auditors.
• Manage the preparation of tax filings and ensure compliance with tax regulations in coordination with external tax advisors.
• Third-Party Appraisal & Valuation Oversight:
• Lead the coordination of third-party appraisals, ensuring asset valuations are accurate and aligned with the investment strategy.
• Provide oversight of the appraisal process to ensure timely and correct reporting for stakeholders.
• Strategic Financial Analysis & Special Projects:
• Lead ad-hoc financial analysis, special projects, and data-driven insights to support decision-making for senior management and investors.
• Ensure the delivery of actionable recommendations based on comprehensive financial analysis.
• Internal Control & Process Optimization:
• Drive continuous improvement of internal controls over the closing process, journal entry preparation, and account reconciliations.
• Manage the preparation of SOC 1 and SOC 2 reports, ensuring compliance with internal control standards and supporting annual SOC audits.
• Investor Relations Management:
• Manage investor queries, ensuring timely, accurate, and professional responses to foster strong investor relationships.
• Lead investor reporting and communication preparation, ensuring clarity and transparency in all financial matters.

Required Skills and Qualifications:

• Fund Accounting Expertise: Extensive experience in fund accounting, financial reporting, and performance reporting for investment funds.
• Waterfall Distribution Expertise: Strong knowledge of waterfall structures and distribution models, with the ability to lead the calculation and reporting of investor returns.
• Audit & Tax Filing Oversight: Significant experience in managing year-end audits, tax filings, and regulatory compliance processes for investment funds.
• Leadership & Team Management: Proven ability to lead and develop a team of accounting professionals, guiding on technical accounting issues and process improvements.
• Advanced Excel & Financial Modeling Skills: Expertise in Excel and financial modeling, with the ability to manipulate large data sets and produce insightful reports.
• Process Improvement Mindset: Strong focus on optimizing accounting processes, improving internal controls, and increasing operational efficiency.
• Communication & Stakeholder Management: Excellent verbal and written communication skills, with the ability to interact effectively with senior management, investors, and third-party providers.
• Bachelor’s Degree in Accounting or Finance: A relevant degree is required; professional certifications such as CPA or CFA are highly preferred.

Desirable Qualities:

• Experience with private equity, venture capital, or hedge funds, and an understanding of the complexities within those fund structures.
• Qualified Chartered Accountant
• 5+ Years of experience is required in a relevant field.
• The candidate should be comfortable working in US (EST/PST) timezones- REMOTELY
• Expertise in SOC 1 and SOC 2 controls and compliance reporting.
• A proactive approach to problem-solving and the ability to manage multiple high-priority tasks in a fast-paced environment.