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Fund Accountant

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
SANTA MONICA
 CA
Postal Code
90405
Country
United States

This job is no longer active.

Description


AGP Capital is seeking to immediately hire a qualified candidate to join as a fund accountant in our Santa Monica office. The candidate will manage the daily accounting department activities to ensure that financial and operating reports are timely and accurately reflect our Fund.

 

AGP Capital (“AGP”) is a direct commercial real estate bridge and construction lender. AGP funds loans through its private debt fund, AGP Funding REIT. AGP’s focus is on $5 million to $30 million financings throughout the Western and Mountain State regions of the U.S.

In May 2021, AGP was spun out of Watt Companies and rebranded from Watt Funding to AGP Capital. Watt Funding was founded in 2016 and the founding management and strategic team remains in place at AGP Capital. Since inception, we have funded over $300 Million in loans.

AGP expects continued rapid growth in our core business of originating, holding, and servicing commercial real estate loans.

 

Key Responsibilities: The candidate will be involved in all accounting aspects of AGP’s commercial real estate loan origination and underwriting business. On a day-to-day basis, responsibilities include:

  • Process financial transactions, cash receipts, wire transfers and journal entries
  • Reconcile bank accounts and resolve any differences in a timely manner
  • Perform month-end close including reconciling general ledger accounts to supporting schedules
  • Review fund management fee and waterfall calculations
  • Liaise with third-party fund administrators to prepare capital calls and distribution notices to investors
  • Prepare the monthly, quarterly and annual financial statements and supporting schedules
  • Compile monthly fund level performance metrics for management analysis and discussion
  • Assist with management to prepare the quarterly investor letter
  • Interact with asset management and originations team on loan closings and draw requests, including liaising with external loan servicer
  • Work with management to refine internal processes to help increase efficiencies, reduce possibility of operational errors and grow the business
  • Contribute to evaluating new software platforms and modules
  • Coordinate the annual financial audit and tax return filings, including providing support to third-party service providers as requested
  • Ad-hoc projects and assignments as directed by VP of Accounting

 

Qualifications: AGP is seeking a candidate possessing the following qualifications:

  • Minimum of a 4-year degree in Accounting, Finance or related field; advanced degree beneficial.
  • Minimum of a 3-5 years prior public accounting/fund accounting experience
  • Understanding of real estate fundamentals, transactions, and closings a plus
  • Strong verbal and written communication, and interpersonal skills.
  • Working knowledge in Excel, Word, and PowerPoint.
  • Experience in Netsuite, Yardi, MRI or comparable accounting software
  • Desire to be a member of a close-knit team of professionals who work in a collaborative environment.  
  • High level of initiative and strong work ethic.
  • Outstanding organization, prioritization and keen attention to detail

Location:             Santa Monica, CA

Travel:                  None

 
 

Experience


2+ to 5 years


This job is no longer active.

Accounting / Control Alternative Investments SANTA MONICA Full Time CA Accounting / Control, Finance, Financial Analysis Chief Financial Officer other