Senior Associate, Fund Finance

Faropoint; Hoboken (NJ); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Healthcare benefits

Unlimited PTO

401k match

Job summary

Faropoint, established in 2012, is a pure-play RE fund manager focused on last-mile industrial warehouses in the US. The Fund Finance group handles financial statement packages, investor reporting, and KPI delivery across funds, with emphasis on accuracy, controls, and timely filings.

The role requires 4+ years in fund finance/accounting, strong Excel and PowerPoint skills, and the ability to manage multiple assignments in a fast-paced environment.

Qualifications

• Experience in financial analysis and accounting principles, real estate/private equity preferred.
• Background in FP&A, corporate finance and/or real estate private equity roles is a plus.
• Strong problem solving, independence and initiative in fast-paced environments.
• Self-starter with ability to drive projects and improve processes.
• Proven data-driven decision making and ability to prioritize multiple assignments.

Responsibilities

• Review quarterly and annual financial statement packages for investor reporting.
• Conduct variance analysis against budgets and forecasts with insights for stakeholders.
• Deliver KPI analyses to senior management, investors, lenders, and regulators.
• Coordinate fund administration with external administrators and advisors.
• Monitor fund sources & uses across multiple funds and lifecycle stages.
• Oversee tax and regulatory filings for the Fund.

Skills

Financial analysis

Excel

PowerPoint

FP&A

Real estate private equity

Tools

PowerPoint

Job description

Established in 2012, Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date, it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sector’s fragmentation, operating through 7 regional offices with 120+ employees in vertically integrated teams enhanced by proprietary AI-driven tools, while benefiting from compelling fundamentals like constrained supply growth, reshoring, and e-commerce tailwinds.

The Fund Financegroup is responsible for the fund performance analysis and all aspects of accounting and reporting related to the Faropoint Real Estate funds, with a focus on supporting operational and business planning in a dynamic, fast-paced environment.

Responsibilities

• Review and prepare quarterly and annual financial statement packages including investor capital reporting
• Conduct variance analysis of financial results against budgets, forecasts, and actuals, identifying key drivers and effectively communicating insights to stakeholders
• Financial analysis and delivery of KPI’s on an ongoing basis to all stakeholders (senior management, investors, lenders, regulators, etc.)
• Coordinate all aspects of Fund administration related to managing Funds with external administrators and advisors
• Manage the Fund Sources & Uses, spanning multiple Funds in both the investment period and value creation stages of a Fund’s lifecycle
• Monitor the Fund LPA and loan limitations compliance and covenant monitoring and reporting
• Partner with various departments to lead monthly & quarterly close and process improvements
• Coordinate and oversee tax and regulatory filings, ensuring timely and accurate preparation and filing of all required tax returns for the Fund
• Implement and utilize technology and outsourced solutions to enhance efficiencies and controls
• Ensure data integrity, accuracy, and timeliness in all financial reporting and presentations

Required Qualifications

• 4+ years of experience in public accounting or private equity fund finance/accounting required, demonstrating a solid foundation in financial analysis and accounting principles – real estate/private equity experience is preferred
• Demonstrated background in FP&A, corporate finance and/or real estate private equity-related roles is a plus
• Enthusiasm for problem-solving and the ability to think critically and independently, even in situations with limited direction and ambiguity
• Self-starter, who independently drives projects to completion by self-sourcing information and leveraging all available resources
• Proactively driven and self-motivated, showcasing a track record of taking initiative, leading process improvements, and adeptly solving complex problems
• Distinguished intellectual curiosity with strong desire to continuously learn, improve, and automate existing processes and tackle problems
• Proven ability to prioritize and lead multiple assignments in a fast-paced environment with efficiency and accuracy
• Knowledge of financial KPIs, including an understanding of financial statements and private equity fund structures
• Exceptionally high level of Excel skills
• High level of data visualization via PowerPoint is required

Compensation

• This position offers a base salary in the $110,000-$150,000 range, plus discretionary bonus, competitive healthcare benefits, unlimited PTO, and a 401k match.

Equal Opportunity Employer

Faropoint is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.