Job description

Position/Title : Vice President, Accounting Pretium Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium’s platform has more than $57 billion of assets, comprising real estate investments across nearly 90 markets in the U.S., and employs approximately 7,000 people across 50 offices, including its New York headquarters, Miami, London, Seoul, and Sydney. Position The successful candidate will manage and/or assist with all finance, accounting, tax, treasury and reporting activities for Pretium's first open-ended residential credit fund. This vehicle will primarily invest in non-performing and re-performing mortgage loans. The candidate must have a strong background in investor reporting functions for an open-ended fund. Working knowledge around the accounting and operations for residential mortgage loans and REO is preferred but not required. The VP will play a critical role in the quarterly and annual financial statement close process, which includes working side-by-side with the fund administrator. The VP will be responsible for maintaining a strong internal control environment and will also be responsible for ensuring that all critical processes are conducted in accordance with documented policies and procedures. The ideal candidate must be a self-starter and is comfortable operating in a dynamic, fast-paced, and entrepreneurial environment. This position will provide exposure to many different areas of the business, including close interaction with multiple third-party vendors and financing partners, and has the potential for responsibilities to expand quickly. This position will report to a Director on the Finance team and is based in the Firm’s Minneapolis, MN office. Key Responsibilities Play a lead role in the production of quarterly and annual financial statements, including partner capital statements. Manage and assist the auditors and fund administrator through the quarterly financial statement preparation and annual audit. Oversee reconciliation of bank accounts. Oversee the monthly financing and compliance reporting. Prepare monthly portfolio subledgers (investments and financing) for the fund. Prepare monthly reporting packages to the PM and senior management. Assist with the quarterly and annual tax work. Assist with ad hoc investor questions and periodic investor reporting. Requirements Bachelor’s degree in accounting, or equivalent business experience. Accounting experience of 6-8 years. Self-starter comfortable operating in a dynamic, entrepreneurial environment with evolving roles and responsibilities. Preference will be given to candidates with the CPA, CMA, or MBA degree. Strong preference will be given to candidates with relevant residential mortgage loan accounting and operations experience. Deep experience with open-ended private equity funds and the associated accounting and investor reporting. Creates, builds, and maintains relationships. Exceptional analytical skills with an ability to solve problems and adapt to change. Strong communication and project management skills. Must be able to manage multiple tasks or projects simultaneously and work in a time-sensitive deadline driven environment. Familiarity with computer programming and Microsoft excel. Proactive in developing new ideas and ability to enhance current methods and tools. What We Offer This position offers the opportunity to join a collegial, entrepreneurial firm committed to the personal and professional growth of its team members and to maintaining a positive, encouraging work environment. The company offers a comprehensive benefits and perks package, including: Employer-paid health, dental, vision and life insurance 401(k) plan with an employer match 20 annual days of Paid Time Off (PTO) plus 12 Firm holidays Hybrid office/work from home arrangement (in office minimum of four days per week) The actual salary will depend on various factors, including but not limited to a candidate’s experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. Annual year-end bonus eligible Pretium is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, national origin, disability, age, veteran status, or any other characteristic protected by federal, state, or local law. Please see the firm’s policy regarding how it collects and processes your personal information.

Requirements

Must-haves

Position/Title : Vice President, Accounting
Play a lead role in the production of quarterly and annual financial statements, including partner capital statements.
Manage and assist the auditors and fund administrator through the quarterly financial statement preparation and annual audit.
Oversee reconciliation of bank accounts.
Oversee the monthly financing and compliance reporting.
Prepare monthly portfolio subledgers (investments and financing) for the fund.
Prepare monthly reporting packages to the PM and senior management.
Assist with the quarterly and annual tax work.
Assist with ad hoc investor questions and periodic investor reporting.
Bachelor’s degree in accounting, or equivalent business experience.
Accounting experience of 6-8 years.
Self-starter comfortable operating in a dynamic, entrepreneurial environment with evolving roles and responsibilities.
Preference will be given to candidates with the CPA, CMA, or MBA degree.
Strong preference will be given to candidates with relevant residential mortgage loan accounting and operations experience.
Deep experience with open-ended private equity funds and the associated accounting and investor reporting.
Creates, builds, and maintains relationships.
Exceptional analytical skills with an ability to solve problems and adapt to change.
Strong communication and project management skills. Must be able to manage multiple tasks or projects simultaneously and work in a time-sensitive deadline driven environment.
Familiarity with computer programming and Microsoft excel.
Proactive in developing new ideas and ability to enhance current methods and tools.

Nice-to-haves

None flagged.

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Benefits

Benefits detected in the listing.

Dental

Vision

401(K)

Pto

Paid Time Off