Job Type
Full-time
Description
What the Role Entails
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.
What You Will Do
• 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.
Requirements
What You Bring to the Role
• 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.
What We Offer
Cloud Capital's people and culture are the most enriching aspects that make us a great place to work. The team is strengthened by industry experts who bring extensive knowledge, skill, and experience; leaders who bring vision, innovation, and commitment to employees; and a growing organization where individuals can make a meaningful impact.
U.S. employees enjoy competitive compensation and rewarding incentives, comprehensive benefits including medical, dental, vision, life insurance, and disability coverage, a 401(k) with match, 12 paid holidays, generous PTO, development opportunities, and the ability to closely contribute to the growth of an exceptional organization.
Full time | Office Based
