Senior Associate, Fund Finance

Faropoint•Hoboken, NJ

9d•$90,000 - $125,000

About The Position

The Fund Finance group is responsible for the fund performance analysis and all aspects of accounting and reporting related to the Faropoint Real Estate funds, with a focus on supporting operational and business planning in a dynamic, fast-paced environment.

Requirements

4+ years of experience in public accounting or private equity fund finance/accounting required, demonstrating a solid foundation in financial analysis and accounting principles – real estate/private equity experience is preferred
Enthusiasm for problem-solving and the ability to think critically and independently, even in situations with limited direction and ambiguity
Self-starter, who independently drives projects to completion by self-sourcing information and leveraging all available resources
Proactively driven and self-motivated, showcasing a track record of taking initiative, leading process improvements, and adeptly solving complex problems
Distinguished intellectual curiosity with strong desire to continuously learn, improve, and automate existing processes and tackle problems
Proven ability to prioritize and lead multiple assignments in a fast-paced environment with efficiency and accuracy
Knowledge of financial KPIs, including an understanding of financial statements and private equity fund structures
Exceptionally high level of Excel skills
High level of data visualization via PowerPoint is required

Nice To Haves

Demonstrated background in FP&A, corporate finance and/or real estate private equity-related roles is a plus

Responsibilities

Review and prepare quarterly and annual financial statement packages including investor capital reporting
Conduct variance analysis of financial results against budgets, forecasts, and actuals, identifying key drivers and effectively communicating insights to stakeholders
Financial analysis and delivery of KPI’s on an ongoing basis to all stakeholders (senior management, investors, lenders, regulators, etc.)
Coordinate all aspects of Fund administration related to managing Funds with external administrators and advisors
Manage the Fund Sources & Uses, spanning multiple Funds in both the investment period and value creation stages of a Fund’s lifecycle
Monitor the Fund LPA and loan limitations compliance and covenant monitoring and reporting
Partner with various departments to lead monthly & quarterly close and process improvements
Coordinate and oversee tax and regulatory filings, ensuring timely and accurate preparation and filing of all required tax returns for the Fund
Implement and utilize technology and outsourced solutions to enhance efficiencies and controls
Ensure data integrity, accuracy, and timeliness in all financial reporting and presentations