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Associate/AVP - Finance
5 - 7 Years

Position: Associate/AVP
Division: Finance
Location: New York
Reporting to: Sr. Vice President

Summary
We are seeking a highly organized and detail-oriented Associate/AVP to oversee and manage various aspects of fund operations. The ideal candidate will be responsible for managing fund service providers, ensuring adherence to agreements, and maintaining high-performance standards. The successful candidate will possess strong analytical skills, attention to detail, and the ability to work effectively in a fast-paced environment while maintaining accuracy and compliance with regulatory requirements. You will also contribute to special projects and handle internal ad-hoc requests as they arise. This role is based in our New York office and reports to the Senior Vice President.

Responsibilities
• Responsible for day-to-day fund accounting that includes cash / position reconciliations, journal entries and preparation of trial balances and financial statements etc.
• Prepare, review, and ensure accuracy of financial statements and reports in compliance with GAAP, including facilitating monthly, quarterly, and annual closing cycles.
• Conduct detailed analysis of fund performance, including variance analysis and returns calculation.
• Support treasury functions, manage expenses, and assist in the preparation of capital call and distribution notices along with investor allocations.
• Coordinate with external auditors for periodic audits and ensure all financial reporting deadlines are met.
• Contribute to the creation of GAAP financial statements, footnote disclosures, performance estimates, and investor reporting for multiple entities.
• Compile data for regulatory compliance filings and participate in the fund audit process.
• Address Limited Partners’ inquiries relating to their investment in the funds.
• Assist in providing analysis and support requested by senior management.
• Stay updated on industry trends and regulatory changes affecting credit funds.
• Provide support to internal stakeholders, including Finance, Investment Team, Marketing and IR, and Tax departments.
• Work on a team of 3 other professionals, reporting directly to the Senior Vice President, demonstrating strong analytical, organizational, and communication skills.
• This is not a comprehensive listing of activities, duties or responsibilities, which may change at any time without notice

Requirements
• Bachelor’s degree in Accounting, Finance, or related field
• CPA preferred but not required.
• 5-7 years of relevant experience, with a comprehensive understanding of credit fund operations and GAAP.
• Proficient in accounting software and Microsoft Office Suite.
• Demonstrated ability to work independently and as part of a team, managing multiple priorities in a fast-paced environment.

To Apply: Please send your resume and CV to careers@acorecapital.com with the subject line 'Associate/AVP – Finance'.

Compensation: $110k-$150k plus performance based bonus. As an equal opportunity employer, ACORE Capital offers a competitive benefits package and salary/bonus commensurate with experience.

About ACORE Capital
ACORE Capital, LP is one of the largest credit managers focused on commercial real estate lending. This success is an outcome of its people-first culture, proven track record and longstanding relationships in the commercial real estate finance and investor communities. With over 100 professionals in offices in New York, Los Angeles, Miami, San Francisco and Dallas, ACORE relies on and invests in exceptional talent for their originations, credit, capital markets, capital raising, investor relations, asset management, legal and operations teams. For more information, please visit https://www.acorecapital.com/careers.

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