Fund Accountant (Real Estate)Full-timeDepartment: Client ServicesType of Hire: PermanentCompany DescriptionABOUT IQ-EQIs a global investor services group with deep expertise in private markets. We support investment managers, asset owners and global businesses with the administration, compliance, governance, data and reporting that their structures depend on.Across 25 jurisdictions, our 6,500+ professionals combine technical strength, connected technology and human understanding – the IQ and the EQ – to free clients from operational complexity and give them the peace of mind to focus on their core business activities.Our IQ is our technical, regulatory and operational expertise, underpinned by data, technology and coordinated global delivery. Our EQ is our human partnership: understanding the business behind the numbers, the culture behind the structures and the individuals behind the screens.With more than US$950 billion of assets under administration, our global client base includes 13 of the world’s top 15 private equity firms_ and 19 of the top 25 private debt firms_\*.One relationship connects our clients to the right expertise as needs evolve, helping them move forward with clarity and confidence, wherever they operate..To find out more about IQ-EQ visitiqeq.comJob DescriptionWhat you will doPurpose:To provide high quality service deliverables to the firm’s Real Estate (RE) Clients you are responsible for, ensuring all deliverables are met and the Clients expectations are managed and met on a day to day basis.This entails reviewing all Financial Statements and disclosures and ad-hoc client deliverables in relation to providing fund administration services to RE clients.Expected to help improve the processes and efficiencies of the department.Be subject matter expert of Real Estate Fund Structures accounting and administration processes.Core Responsibilities:Managing financial servicing for a portfolio of RE clients ensuring the smooth running of day to day relationship with Clients and consistent delivery of client reporting/ information accurately and on timeEnsuring that adequate training has been received and support provided in order to complete the role and be proactive in defining areas needing attention or supportBe an ‘expert’ on designated clients including understanding technical details of their LPA, SLA, Fee Agreement and any technical nuancesMinimise risk to IQ-EQ by ensuring all procedures and checklists are followed by all cell membersTasks / Duties:Client DeliveryDeliver timely quality service to RE Client to ensure all requests for designated clients are met, ensuring any client/investor queries are responded to within 24 hoursComplete a review on designated Client work (includes NAV, Financial Statements and other Ad Hoc Tasks) and assist on reviews for other teams as requiredEnsure that KPIs are developed, implemented and reported quarterly in accordance with agreed SLA’sPrepare quarter end timetable for all client work and manage quarter end process to ensure all deliverables adequately resourced and completed on timeMaintain regular contact with Client through weekly phone calls and emails detailing upcoming deliverables and progress thereof.Assist with new business take on where required.Management of WorkflowWork with Back Office on client deliverables to ensure adequate resources are allocated and fully utilisedEnsure Back Office are preparing all work to a standard suitable for client reviewProvide constructive feedback to Back Office on a timely basis and ensure Back Office receive appropriate development supportPlan workloads and utilise support team / additional resources where necessary to ensure deadlines are achievedEnsure reconciled cash balances are maintained for all clients at all times.IQ-EQ Fee ManagementEnsure our electronic time sheets are completed daily, and accurately for all hours worked and recording ad hoc work completed for billing purposesSystemsUnderstand and use best practice on Investran (accounting platform)Understand and make best use of the functionality in our software when producing accountsEnsure Client database is up to date and accurate in Investran (contact changes completed within 24 hours of receipt) and Outlook databases for client related changesRiskEnsure relevant procedures and checklists are adhered to by staff to minimise risk of errorsReport any breaches, complaints or errors to Compliance officer promptlyEnsure all error reports are completed for review by the Senior Accountant on the day an error is identifiedOtherUndertake any additional reasonable requests as deemed by the firmWhat we offerComprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profileWellbeing: additional social benefits such as private health and dental cover, life assurance and etcAnnual leave: our employees are entitled to 25 days paid leave plus all statutory public holidaysMaternity and paternity leave, education leave and etcFlexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such, we are open to conversations with employees related to setting up flexible working arrangementQualificationsEssentialBachelor Degree in Accounting, CPA or equivalentAt least 5 years of management accounting or fund accounting experience in real estate industryKnowledge of consolidation with multi-currency legal entitiesAbility to review 3rd party management accounts and understanding of duties performed by Property Managers, rent billing, collection of rent, insurance rechargeAbility to use and understand property systems and processes (ie – Yardi / Horizon)An understanding of various types of income, dilapidations, lease surrender, capital contribution, capital allowances, rent reconciliation between demands raised and tenancy scheduleAn understanding of tax, GST, Capital allowances will be an added advantageExcellent organisational, prioritisation and interpersonal skillsComfortable communicating with Senior ManagementCan do’ attitude, ability to cope with tight deadlines, working under pressure and lead by exampleDesiredKnowledge real estate industries is essentialAdvanced Excel skills including Pivot Tables and data manipulationExperience working in Financial Services office environmentAdditional InformationAs a forward-looking business, sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining meaningful, long-term relationships with all our stakeholders, including our employees, clients, and local communities, while also reducing our impact on our natural environment.There is always more we can, and should do, to improve, whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We're committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees' careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to colleagues. We want to empower our 5,500+ employees, from 94 nationalities, speaking 41 languages across 25 countries, to each achieve their potential. Through IQ-EQ Launchpad, we support female managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.We're committed to growing long-term relationships with our clients and supporting them in achieving their objectives. We understand that our clients' sustainability and success leads to our sustainability and success. We're emotionally invested in our clients right from the beginning.By clicking the link above or any third-party link within this posting, you are leaving this site and going to a third-party website where the third-party website's terms and privacy policy applyI'm interestedI'm interestedPrivacy Notice
