Senior Associate, Fund Finance

Hoboken, NJ - USA

Monthly Salary: $ 90000 - 125000

Posted on: 14 hours ago

Vacancies: 1 Vacancy

Job Summary

About Faropoint

Meaningful Relationships. Ownership. Curiosity. Tenacity.

Established in 2012 Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sectors fragmentation operating through 7 regional offices with 120 employees in vertically integrated teams enhanced by proprietary AI-driven tools while benefiting from compelling fundamentals like constrained supply growth reshoring and e-commerce tailwinds.

Senior Associate Fund Finance

The Fund Financegroup isresponsible for the fund performance analysis and all aspects of accounting and reporting related to the Faropoint Real Estate funds with a focus on supporting operational and business planning in a dynamic fast-paced environment.

Responsibilities

Review and prepare quarterly and annual financial statement packages including investor capital reporting
Conduct variance analysis of financial results against budgets forecasts and actuals identifying key drivers and effectively communicating insights to stakeholders
Financial analysis and delivery of KPIs on an ongoing basis to all stakeholders (senior management investors lenders regulators etc.)
Coordinate all aspects of Fund administration related to managing Funds with external administrators and advisors
Manage the Fund Sources & Uses spanning multiple Funds in both the investment period and value creation stages of a Funds lifecycle
Monitor the Fund LPA and loan limitations compliance and covenant monitoring and reporting
Partner with various departments to lead monthly & quarterly close and process improvements
Coordinate and oversee tax and regulatory filings ensuring timely and accurate preparation and filing of all required tax returns for the Fund
Implement and utilize technology and outsourced solutions to enhance efficiencies and controls
Ensure data integrity accuracy and timeliness in all financial reporting and presentations

Required Qualifications

4 years of experience in public accounting or private equity fund finance/accounting required demonstrating a solid foundation in financial analysis and accounting principles real estate/private equity experience is preferred
Demonstrated background in FP&A corporate finance and/or real estate private equity-related roles is a plus
Enthusiasm for problem-solving and the ability to think critically and independently even in situations with limited direction and ambiguity
Self-starter who independently drives projects to completion by self-sourcing information and leveraging all available resources
Proactively driven and self-motivated showcasing a track record of taking initiative leading process improvements and adeptly solving complex problems
Distinguished intellectual curiosity with strong desire to continuously learn improve and automate existing processes and tackle problems
Proven ability to prioritize and lead multiple assignments in a fast-paced environment with efficiency and accuracy
Knowledge of financial KPIs including an understanding of financial statements and private equity fund structures
Exceptionally high level of Excel skills
High level of data visualization via PowerPoint is required

Compensation

This position offers a base salary in the $90000-$125000 range plus discretionary bonus competitive healthcare benefits unlimited PTO and a 401k match.

Equal Opportunity Employer

Faropoint is proud to be an Equal Opportunity Employer. We value diversity and we do not discriminate on the basis of race religion color national origin gender sexual orientation age marital status veteran status parental status disability status or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage support and respect the different skills and experiences represented within our workforce.

Required Experience:

Senior IC

About FaropointMeaningful Relationships. Ownership. Curiosity. Tenacity.Established in 2012 Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date it is the most active aggregator of warehouses in the US in the past five...