Sr Accountant - Property Funds

Rialto Capital•Miami, FL

About The Position

This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties. Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and Associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status. Our company uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov. Rialto Capital is an integrated investment management and asset management platform, with a dedicated special servicer. Our mission is to be a world-class, industry leading organization that creates long term value for our investors and sustains results across market cycles. Our team of over 260 associates throughout the United States and Europe is guided by our commitment to a culture of social responsibility, inclusion & diversity, and responsible investing. Rialto Capital has made a commitment to create a high-performance culture driven by an entrepreneurial spirit and an absolute commitment to integrity, respect, inclusion and giving back to the communities in which we work and live. We have focused our vision on becoming a real estate investment, asset management, servicing and finance company most admired for its people, capabilities and performance. We are always looking for Talent within our Investment Management team. Please click on the Get Started button below to upload your resume and tell us a bit about yourself.

Requirements

Bachelor’s Degree required in Finance, Accounting, or related field preferred.
Minimum of 3-5 years of experience in accounting required with 1-2 years in public accounting preferred.
Strong GAAP knowledge
Must have strong analytical skills.
Must have strong organizational skills.
Must be detailed oriented.
Ability to operate independently with appropriate judgment.
Must be proactive in an ever-changing environment.
Ability to meet tight deadlines during quarterly reporting cycles.
While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop.
The Associate must occasionally lift and/or move up to 25 pounds.
Evening or weekend work may be necessary to meet deadlines.

Nice To Haves

Private equity, real estate, or fund accounting experience preferred.
CPA preferred.
Experience with FIS Investran preferred.
Advanced proficiency in Microsoft Excel (complex formulas, pivot tables, etc.)
Experience with Investran preferred.

Responsibilities

Prepare monthly reconciliation and closing process for fund general ledger accounts.
Propose and prepare income/adjusting and/or re-classing entries.
Prepare bank reconciliations for all bank accounts monthly.
Prepare quarterly financial statement package (balance sheet, income statement, statement of partners’ capital) among fund and investment vehicles.
Prepare and review quarterly individual partner capital statements.
Review and monitor cash levels, intercompany balances and other receivables/payables among fund and investment vehicles.
Process expense payments, wires and reimbursements among fund and investment vehicles.
Review property-level financials and coordinate with Asset Management regarding operational results, cash needs, and capital activity.
Calculate fees per partnership agreements and maintain supporting fee schedules across the fund and investment vehicles.
Calculate and prepare capital call and distribution models per partnership agreements.
Assist the Accounting Manager with Internal and External Auditor requests.
Coordinate and oversee allocation of work to external consultants/fund administrators.
Seek opportunities to enhance controls, streamline processes and automate the accounting workflow.