Accounting Manager at Vaco, LLC
San Francisco, CA
About the Job
Our client is a Bay-Area based investment firm with a wide range of investment strategies and asset types throughout the U.S
They produced consistent and significant growth over the years, thus creating an excellent environment for learning and career development for their professionals
The company has an amazing group of people who are very bright, motivated and very personable
We have worked with them as a client for over 15 years and have placed many people with them who consistently give feedback about how much they enjoy the work and culture there
They have a very high, long-term retention rate with employees and most all of the hiring we’ve partnered with them on has been due to growth or someone moving out of the Bay Area
The company continues to consistently raise capital and have active deals
Primary Duties and Responsibilities: Serve as the primary point of contact for finance and accounting projects, collaborating with other members of the Client Finance Team and all other departments, as well as the Firm’s fund administrator and other consultants, as needed.
Liaise with investors, consultants, custodians and trustees on financial reporting and investor deliverables.
Support transactions (acquisitions, dispositions, financings), working directly with Acquisitions, Capital Markets, Asset Management, and the Closing Group.
Thrive in a fast-paced environment where you’ll manage multiple projects and deadlines simultaneously.
Provide cash projections, engaging directly with Portfolio Managers to map out financial planning
This also includes coordinating and reviewing capital calls, distributions, financing draws and general transaction planning.
Supervise and review deliverables from fund administrator team and supporting accountant to ensure accurate and timely reporting is provided to investors and external partners.
Operate and enjoy a high degree of autonomy, with the ability to make critical decisions and influence key business outcomes.
Oversee third-party property teams, joint-venture partners and the respective property books and records to maintain reporting standards and assist with onboarding new properties
Develop professional and knowledgeable working relationships with joint venture partners.
Partner with Portfolio Management and Client Relations to provide key financial data for current and prospective investors.
Manage performance reporting for investments, investors, and funds - escalating complex issues to Controller and Head of Performance Reporting, as needed.
Research complex GAAP and tax accounting issues, including resolving REIT considerations.
Identify and lead projects that improve collaboration or operational efficiency within the Client Finance Team.
Manage audit coordination and quarterly financial package production, which includes oversight of fund administrator and supporting accountant where applicable.
Manage loan compliance and hedging instruments for funds
Includes ad hoc support for CFO, as needed.
Support REIT compliance and tax preparation alongside tax consultants.
Facilitate and encourage a collaborative environment while optimizing operational efficiency.
Supervise supporting accountant, as directed by Controller, and undertake other assigned duties from time-to-time.
Skills and Competencies:5 years of accounting experience, (minimum 2 years audit preferred)
Experience in fund accounting required
CPA desired
Strong GAAP financial statement preparation and review skills
Excellent communication, organization, and multitasking abilities
Proactive, detail-oriented and capable of problem-solving in a fast-paced environment
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals
As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations
If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact
Vaco also wants all applicants to know their rights that workplace discrimination is illegal
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity
You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications
You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application
In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies
California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
Virginia residents may access our state specific policies here.
Residents of all other states may access our policies here
Canadian residents may access our policies in English here and in French here.
Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
the individual’s skill sets, experience and training;
licensure and certification requirements;
office location and other geographic considerations;
other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure
The individual may also be eligible for discretionary bonuses.
They produced consistent and significant growth over the years, thus creating an excellent environment for learning and career development for their professionals
The company has an amazing group of people who are very bright, motivated and very personable
We have worked with them as a client for over 15 years and have placed many people with them who consistently give feedback about how much they enjoy the work and culture there
They have a very high, long-term retention rate with employees and most all of the hiring we’ve partnered with them on has been due to growth or someone moving out of the Bay Area
The company continues to consistently raise capital and have active deals
Primary Duties and Responsibilities: Serve as the primary point of contact for finance and accounting projects, collaborating with other members of the Client Finance Team and all other departments, as well as the Firm’s fund administrator and other consultants, as needed.
Liaise with investors, consultants, custodians and trustees on financial reporting and investor deliverables.
Support transactions (acquisitions, dispositions, financings), working directly with Acquisitions, Capital Markets, Asset Management, and the Closing Group.
Thrive in a fast-paced environment where you’ll manage multiple projects and deadlines simultaneously.
Provide cash projections, engaging directly with Portfolio Managers to map out financial planning
This also includes coordinating and reviewing capital calls, distributions, financing draws and general transaction planning.
Supervise and review deliverables from fund administrator team and supporting accountant to ensure accurate and timely reporting is provided to investors and external partners.
Operate and enjoy a high degree of autonomy, with the ability to make critical decisions and influence key business outcomes.
Oversee third-party property teams, joint-venture partners and the respective property books and records to maintain reporting standards and assist with onboarding new properties
Develop professional and knowledgeable working relationships with joint venture partners.
Partner with Portfolio Management and Client Relations to provide key financial data for current and prospective investors.
Manage performance reporting for investments, investors, and funds - escalating complex issues to Controller and Head of Performance Reporting, as needed.
Research complex GAAP and tax accounting issues, including resolving REIT considerations.
Identify and lead projects that improve collaboration or operational efficiency within the Client Finance Team.
Manage audit coordination and quarterly financial package production, which includes oversight of fund administrator and supporting accountant where applicable.
Manage loan compliance and hedging instruments for funds
Includes ad hoc support for CFO, as needed.
Support REIT compliance and tax preparation alongside tax consultants.
Facilitate and encourage a collaborative environment while optimizing operational efficiency.
Supervise supporting accountant, as directed by Controller, and undertake other assigned duties from time-to-time.
Skills and Competencies:5 years of accounting experience, (minimum 2 years audit preferred)
Experience in fund accounting required
CPA desired
Strong GAAP financial statement preparation and review skills
Excellent communication, organization, and multitasking abilities
Proactive, detail-oriented and capable of problem-solving in a fast-paced environment
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals
As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations
If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact
HR@vaco.com
.Vaco also wants all applicants to know their rights that workplace discrimination is illegal
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity
You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications
You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application
In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies
California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
Virginia residents may access our state specific policies here.
Residents of all other states may access our policies here
Canadian residents may access our policies in English here and in French here.
Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
the individual’s skill sets, experience and training;
licensure and certification requirements;
office location and other geographic considerations;
other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure
The individual may also be eligible for discretionary bonuses.
