Accounting Manager

Description

Cloud Capital: Accounting Manager

Position Summary

Cloud Capital is a global investment management firm founded by Hossein Fateh, the Founder and CEO of CloudHQ LLC and Co-founder and former CEO of DuPont Fabros Technology (DFT). The firm was established to identify and capitalize on acquisitions of high-quality data centers across the globe. Led by a team of highly experienced investment professionals and supported by CloudHQ, Cloud Capital will acquire, manage, develop and operate data centers to become the long-term owner and operator of choice for tenants globally.

The Accounting Manager will report directly to the SVP Finance and Fund Controller and will maintain the books and records of our fund entities and assist with the quarterly reporting requirements to our investors, lenders and management. This person will also coordinate with our property management team to review the accounting close for our investment properties to ensure accurate asset-level reporting as well as monitor for REIT compliance.

Principal Duties and Responsibilities

• •Maintain the accounting books and records of our fund entities in Yardi. Record all cash contributions and distributions through the proper fund entity structures.
• •Record and track all investor and cash sub-accounts as necessary.
• •Work with the CloudHQ corporate team to ensure Cloud Capital accounts payable are properly coded and paid timely. Track fund expenses and ensure proper recharges to the various fund vehicles as necessary.
• •Assist with all investor reporting and requests including capital calls, distributions, and reporting.
• •Participate in the quarterly NAV and financial statement process, reviewing work prepared by our third-party fund administrator.
• •Review the accounting close for our investment properties prepared by our property management team.
• •Ensure accurate asset-level financial reporting to management, lenders and investors, as well as monitor for REIT compliance.
• •Prepare periodic lender reporting for our investment properties and ensure compliance and reporting deadlines are met.
• •Prepare monthly cash management waterfalls for investment properties, where required.
• •Assist with the annual audit process for our funds and properties.
• •Assist with KYC requests for new investors, lenders and banks.

We expect all our team members to be highly motivated to work in an environment that values innovation and understands that the nature of our business sometimes leads to changes in priorities. Your desire for success will ensure that projects are moving forward, with a sense of urgency, regardless of the challenges.

Requirements

JOB QUALIFICATIONS

Education: Bachelor’s degree in Accounting

Experience : Qualified CPA (with consideration of CPA candidates on a case-by-case basis) with 7+ years’ of REIT/Real Estate fund accounting experience.Required Knowledge/Skills/Abilities:

• •Knowledge of US GAAP.
• •Knowledge of taxation for REITs/real estate investments a plus.
• •Must be highly process-oriented and have experience with organizational control environments.
• •Exceptional attention to detail with a strong work ethic and self-motivation
• •Demonstrated professional verbal and written communication skills
• •Strong teaming skills; works well with internal and external team members and drives execution through collaboration and networking
• •Entrepreneurial and thrives in a fast-paced, changing environment

What we Offer

CloudHQ and Cloud Capital’s people and culture are the most enriching aspects that make us a great place to work. We are strengthened by industry experts who bring extensive knowledge, skill, and experience; leaders who bring vision, innovation and commitment to our people; and an expanding team of individuals who believe in that vision, and bring their best to support their customers and team.Our U.S. employees enjoy competitive compensation and rewarding incentives, comprehensive benefits (medical, dental, vision, life insurance, disability), 401(k) with match, 11 paid holidays, generous PTO, development opportunities, and the ability to closely impact and contribute to the growth of an exceptional organization.

Equal Employment Opportunity Cloud Capital is an equal employee opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, age, national origin, disability, sexual orientation, gender identity or expression, marital status, genetic information, protected veteran status, or other legally protected status.