Position / Title: Vice President – SFR Fund Controller, Finance – Fund Accounting

Pretium

Pretium is a specialized alternative investment manager focused on real estate and credit. The Firm was founded in 2012 to capitalize on secular investment and lending opportunities that arose after the Global Financial Crisis as a result of structural changes within the economy, the residential housing sector, and mortgage finance markets. The Firm currently manages ~$20 billion of AUM across its single-family rental (~$12.7 billion) and mortgage credit (~$4.2 billion) strategies as well as ~$3.2 billion of AUM in Structured and Corporate Credit.

Position

We are seeking a SFR Fund Controller to join our Finance – Fund Accounting team as a Vice President. Fund Accounting is responsible for executing Pretium’s shadow process over investor allocations, the allocation of expenses and financial reporting (both internal and external). More specifically, Fund Accounting executes the day-to-day operations, including estimation and collection of management and performance fees, fund expense allocations, financial statement review and liaising with our administrators and other internal departments to ensure that the integrity of the accounting data remains intact. This position will report to the Senior Fund Controller and can be based in Charlotte, North Carolina, New York, New York, or Minneapolis, Minnesota. This position will begin remote until the offices reopen.

Key Responsibilities

  • NAV Verification Process:
    • Review the quarterly financial package (i.e., trial balance, balance sheet, income statement, schedule of investments, supporting schedules, etc.) for each fund as provided by our third-party administrator
    • Maintain and manage in-house investor allocations, including the calculation of management and performance fees / carried interest, investor returns, etc.
    • Coordinate the valuation process and ensure proper adjustments are made to each fund’s books and records
    • Assist in the calculation and approval of direct and allocated expenses / accruals.
    • Maintain and manage data within our applicable internal systems/files and provide reliable information to other groups within the organization
    • Perform monthly/quarterly reconciliations between our internal allocations and those of our administrators
  • Capital Activity
    • Process and record investor capital transactions (including the review of subscription/capital call, redemption/distribution, and transfer documentation)
    • Review investor notices related to each type of capital transaction prior to being sent by the administrator
    • Review and process wires related to investor distributions/redemptions
  • Financial Reporting:
    • Assist in and manage the annual audit process
    • Review financial statement schedules prepared by the fund administrators, and help develop any required footnote disclosures
    • Coordinate the processing of financial statement comments or requests generated by our auditors
  • Reporting (Investor/Regulatory/Internal):
    • Produce customized reporting solutions in response to requests from investors
    • Prepare summary reporting schedules for upper management and other internal stakeholders on a quarterly and ad-hoc basis
    • Assist our Business Development team in preparing DDQ responses and other analyses related to investor due diligence
    • Aggregate information required for regulatory reporting for our Legal and Compliance departments

Requirements

  • CPA preferred, but not required
  • Minimum 8+ years of relevant experience (Private candidates: industry or combo of Big 4 public and industry, in accounting function; Public candidates: Big 4, w/ private equity and/or real estate fund auditing experience preferred)
  • Detail Focused: Great attention to accuracy of numbers in financial reports. Very comfortable and adept at spreadsheet-based analysis and numbers-based problem solving, always striving for the most accurate and clear presentation of data
  • Quick Learner: Ability to absorb and master new information quickly. A good listener, problem solver with a commitment to follow up. Self-managing. Strong organizational skills.
  • Professional & Ethical: Uncompromising integrity and honesty. Handle all data with the utmost discretion and professionalism.
  • Financial statement experience: Knowledge of required US GAAP disclosures for investment companies. Understands the flow of financial statements and is able to identify errors efficiently.
  • Collaborative team player: Focused on team and firm objectives. At Pretium, everyone pitches in when needed; there is no proprietary sense of ownership

What We Offer

This position offers the opportunity to join a collegial, entrepreneurial firm committed to the personal and professional growth of its team members and to maintaining a positive, encouraging work environment where people enjoy working together. The company offers a comprehensive benefits and perks package, including:

  • Competitive base salary and bonus
  • 401(k) plan with an employer match
  • Health insurance with significant employer contribution
  • Paid Time Off (PTO) program
  • Employee incentive compensation program

Apply for this Job

* Required
  
  
When autocomplete results are available use up and down arrows to review
+ Add Another Education


U.S. Equal Opportunity Employment Information (Completion is voluntary)

Individuals seeking employment at Pretium are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.


Form CC-305

OMB Control Number 1250-0005

Expires 05/31/2023

Voluntary Self-Identification of Disability

Why are you being asked to complete this form?

We are a federal contractor or subcontractor required by law to provide equal employment opportunity to qualified people with disabilities. We are also required to measure our progress toward having at least 7% of our workforce be individuals with disabilities. To do this, we must ask applicants and employees if they have a disability or have ever had a disability. Because a person may become disabled at any time, we ask all of our employees to update their information at least every five years.

Identifying yourself as an individual with a disability is voluntary, and we hope that you will choose to do so. Your answer will be maintained confidentially and not be seen by selecting officials or anyone else involved in making personnel decisions. Completing the form will not negatively impact you in any way, regardless of whether you have self-identified in the past. For more information about this form or the equal employment obligations of federal contractors under Section 503 of the Rehabilitation Act, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition.

Disabilities include, but are not limited to:

  • Autism
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, or HIV/AIDS
  • Blind or low vision
  • Cancer
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or hard of hearing
  • Depression or anxiety
  • Diabetes
  • Epilepsy
  • Gastrointestinal disorders, for example, Crohn's Disease, or irritable bowel syndrome
  • Intellectual disability
  • Missing limbs or partially missing limbs
  • Nervous system condition for example, migraine headaches, Parkinson’s disease, or Multiple sclerosis (MS)
  • Psychiatric condition, for example, bipolar disorder, schizophrenia, PTSD, or major depression

1Section 503 of the Rehabilitation Act of 1973, as amended. For more information about this form or the equal employment obligations of Federal contractors, visit the U.S. Department of Labor's Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.