Colony Northstar

  • Senior Accountant, Fund

    Job ID
    # of Openings
    Job Locations
    US-CA-Los Angeles
    Posted Date
    7 days ago(7/9/2018 6:06 PM)
    Accounting - Private fund
  • Overview

    Colony Capital, Inc. (NYSE: CLNY) is a leading global investment management firm that manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies. Colony Capital is headquartered in Los Angeles with over 400 employees in offices located across 19 cities in ten countries.


    The Senior Fund Accountant is responsible for the general day-to-day maintenance of partnerships and investments assigned including quarterly financial statements, capitals and distributions, fee calculations, fair value analysis, cash projections, monitoring of agreements and reporting, maintaining credit facility, basis relief entries, monthly accruals, repetitive payments. The incumbent will play an important part in designing and implementing ongoing procedural changes and automation initiatives, in a fast paced environment characterized by strict adherence to tight deadlines and dedication to quality control in all aspects of the process.


    Fund Accounting

    • Read and understand Partnership Agreements
    • Prepare capital calls and distributions
    • Maintain capital commitment report
    • Manage monthly expense accruals and payments
    • Calculate management fees
    • Foreign currency transactions
    • Quarterly financial statements
    • Consolidation/Elimination entries
    • Quarterly investor reporting
    • Manage any necessary audits or reviews

    Cash Management

    • Review daily cash balance report
    • Maintain cash projections
    • Read and understand credit facility
    • Manage line of credit borrowings and pay downs
    • Maintain interest accruals and amortization of fees related to credit facility
    • Process deal funding
    • Calculate capital calls and distributions

    Investment Responsibilities

    • Understand deal structure
    • Read and understand all related agreements/documentation relating to the investment
    • Periodic review of investment performance and Company’s intent against underwriting
    • Investment’s capitalization
    • Track 3rd party debt


    • Bachelor’s Degree in Accounting or related
    • 4-6 years of public and/or fund accounting
    • CPA preferred
    • Self-starter with the ability to multi-task
    • Strong interpersonal skills and the ability to communicate with all levels of management
    • Ability to delegate work to staff accountants and supervise a team
    • Proficient with MS Word and Excel
    • Experience with financial Reporting systems (Business Objects) and tools highly desirable
    • YARDI experience required
    • Experience approving staff journal entries
    • Experience coding for A/P department


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