Senior Manager of Accounting

CloudHQ LLC•Washington, DC

4h•Onsite

About The Position

Cloud Capital is a global investment management firm founded by Hossein Fateh, the Founder and CEO of CloudHQ LLC and Co-founder and former CEO of DuPont Fabros Technology (DFT). The firm was established to identify and capitalize on acquisitions of high-quality data centers across the globe. Cloud Capital acquires, manages, develops, and operates data centers to become the long-term owner and operator of choice for tenants globally. The Senior Accounting Manager will report directly to the CAO and will maintain the books and records of our fund entities and assist with the quarterly reporting requirements to our investors, lenders and management. This person will also coordinate with our property management team to review the accounting close for our investment properties to ensure accurate asset-level reporting as well as monitor for REIT compliance.

Requirements

A Bachelor’s degree in Accounting, Finance, or a related field.
Qualified CPA (with consideration of CPA candidates on a case-by-case basis) with 7+ years’ of REIT/Real Estate fund accounting experience.
Knowledge of US GAAP.
Knowledge of taxation for REITs/real estate investments a plus.
Must be highly process-oriented and have experience with organizational control environments.
Exceptional attention to detail with a strong work ethic and self-motivation
Demonstrated professional verbal and written communication skills
Strong teaming skills; works well with internal and external team members and drives execution through collaboration and networking
Entrepreneurial and thrives in a fast-paced, changing environment.
We expect all our team members to be highly motivated to work in an environment that values innovation and understands that the nature of our business sometimes leads to changes in priorities. Your desire for success will ensure that projects are moving forward, with a sense of urgency, regardless of the challenges.

Nice To Haves

Knowledge of taxation for REITs/real estate investments a plus.

Responsibilities

Review the accounting close for our investment properties prepared by our property management team.
Participate in the quarterly NAV and financial statement process, reviewing work prepared by our third-party fund administrator.
Reviewing financial statements and other investor reporting to ensure proper reflection and allocation of activity.
Assist with all investor reporting and requests including capital calls, distributions, and reporting.
Ensure accurate asset-level financial reporting to management, lenders and investors, as well as monitor REIT compliance.
Prepare periodic lender reporting for our investment properties and ensure compliance and reporting deadlines are met.
Prepare monthly cash management waterfalls for investment properties, where required.
Maintain the accounting books and records of our fund entities in Yardi
Assist with the annual audit process for our funds and properties.
Assist with KYC requests for new investors, lenders and banks.
Monitor legal compliance with various fund agreements and arrangements.
Respond promptly to investor requests, audit confirmations
Work with the CloudHQ corporate team to ensure Cloud Capital accounts payable are properly coded and paid timely. Track fund expenses and ensure proper recharges to the various fund vehicles as necessary.