Fund Accountant

Overview:

Prime Group Holdings, LLC, a vertically-integrated private equity real estate firm specializing in self storage and other alternative real estate asset classes, has an exciting opportunity for a talented Fund Accountant in its headquarters in Saratoga Springs, NY.

 

With $6.7 billion in assets under management, Prime Group is among the largest private owners and operators of self-storage properties globally, with a portfolio of 320+ self-storage assets across 28 U.S. states, three Canadian provinces, and the U.S. Virgin Islands, totaling 24+ million rentable square feet. The firm manages three flagship funds on behalf of a global investor base, including Prime Storage Fund III, the largest self-storage dedicated fund ever raised.

 

Headquartered in Saratoga Springs, NY, Prime Group employs 700+ professionals and maintains a regional office in Jupiter, FL and Manhattan, NY along with investment originations offices in Denver, CO; Hackensack, NJ; Yorktown, VA; and Calgary, Alberta. The firm’s 21-person senior leadership team is supported by specialized teams across sourcing and acquisitions, asset and portfolio management, compliance and legal, property management, information technology, transactions and financing, marketing, accounting, training, and other core functions.

 

Prime Group’s performance is rooted in a culture of respect, teamwork, ethical business practices, accountability, and persistence. The firm places significant value on the relationships it has built with customers, employees, investors, and stakeholders. PitchBook has recognized Prime Group as one of the top 10 real estate value-add fund managers in its 2023 Global Manager Performance Score League Tables.

 

Position Overview

This Fund Accountant encompasses a variety of responsibilities related to the operation and accounting for Prime’s private equity funds and investment vehicles. This position reports to the Manager and Executive Vice President of Investor Reporting.

Responsibilities:

• Cash management, tracking, and forecasting
• Prepare and manage reporting for private equity funds and investment vehicles
• Review of deliverables from fund administrator, including management fee calculations, drawdown/distribution schedules, allocations, quarterly financial packages, etc.
• Development of parallel accounting and reporting processes
• Coordination with internal corporate accounting department
• Liaise with auditors and tax preparers
• Preparation and analysis of investment performance
• Ad hoc projects and analyses as required

Qualifications:

• Bachelor’s Degree in Accounting, 0-2 years of relevant experience
• Prior fund accounting experience a plus
• Active or in-process CPA license and/or MBA a plus
• Extremely strong attention to detail
• Ability to self-check deliverables
• Work both independently and as part of a team
• Enjoy a fast-paced, dynamic environment
• Excellent written and verbal communication
• Highly motivated and inquisitive
• Working knowledge of Microsoft Office Suite, particularly Excel and Word

Benefits:

• Competitive rate of pay and a generous benefits program
• Participation in company’s performance-based incentive program(s)
• Medical, dental, vision, life, short-term disability, and long-term disability insurance program
• Paid vacation time; paid sick time; paid holidays

Equal Opportunity Employer Statement

 

Prime Group Holdings is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.

 

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Pay Range: USD $63,000.00 - USD $65,000.00 /Yr.