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KEY 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.
SPECIFICATIONS
- 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. 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.)
- Strong GAAP knowledge
- Experience with Investran preferred.
- 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.
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.
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