<p>Job Overview</p> <p>This is a new position brought about by the creation of a new U.S. debt fund formed in 2023 as well as two new separate account mandates that were closed over the past quarter. There is the possibility of additional private debt funds being formed in both the U.S. and internationally in the near-term which would allow for future opportunities within the debt fund accounting team.</p> <p>The successful candidate will work closely with originations, asset management, treasury, tax and an external fund administrator. This role will supervise an existing senior fund accountant and report to a VP, Fund Controller within the Fund Accounting team.</p> <p>Key Responsibilities</p> <ul> <li>Assist in running the financial statement/key metrics model and produce timely and accurate quarterly financial statements </li><li>Lead capital calls, distributions, drawdowns on subscription lines (as applicable), and external debt facilities to meet liquidity needs </li><li>Oversight of the day-to-day operations of the fund and its entities, including maintaining organized trackers </li><li>Oversee an offshore, third-party administrator to ensure the smooth operation of the day-to-day activities (funding of drawdowns, receipt of interest, proper flow of cash within each of the fund's structures) </li><li>Work closely with the asset management and origination teams to ensure required board approvals are received timely and funding is available to execute drawdowns as scheduled </li><li>Ensure adherence to the funds' investment policies </li><li>Prepare covenant reporting to banks providing liquidity, repo and loan on loan facilities </li><li>Assist with the preparation of quarterly investor factsheets & investor presentations </li><li>Respond to investor information requests </li><li>Liaise with administrators and auditors to ensure statutory financial reporting and tax returns are correct and filed on time for all entities </li><li>Present the fund's periodic performance to external directors </li><li>Develop and maintain complex waterfalls and related carried interest calculations, including separate calculations for side letter arrangements </li><li>Prepare and provide documentation as needed on specific accounting technical issues and discuss them with auditors </li><li>Ensure effective oversight of audits and active participation in regular audit status calls and annual meetings </li><li>Proactively perform short- and long-term liquidity forecasts by working closely with the origination and asset management teams to proactively anticipate liquidity needs </li><li>Actively participate in new fund or deal establishment by working closely with originations, IR, tax and legal as well as external tax and legal advisers </li><li>Actively participate in internal projects (technology enhancements/implementations, documentation, coordination of outsourced services, etc.) </li></ul> <p>Requirements</p> <ul> <li>6-8 years of experience in real estate accounting </li><li>Big 4 experience strongly preferred </li><li>CPA designation strongly preferred </li><li>Understanding of the debt fund, private equity or structured finance business </li><li>Advanced Excel skills </li><li>Modelling and financial planning experience </li><li>Ability to work under pressure </li><li>Independent self-starter who is able to take responsibility for prioritizing and monitoring own workload </li><li>A collaborative team player with high integrity </li><li>A strong communicator (written & verbal) with the ability to communicate complex matters in a concise manner </li><li>Possess strong technical, analytical and quantitative skills </li><li>Curiosity and willingness to learn and grow </li><li>Proactive </li><li>Very strong attention to detail </li><li>Fluent spoken and written English </li><li></li></ul>