Fund Finance Manager

The Firm

Founders Properties, LLC is a privately held real estate investment management company based in Minneapolis, MN. The Firm has been investing in private commercial real estate for 25 years on behalf of high net worth and institutional investors. Founders currently manages approximately $1 billion in real estate assets with a focus on industrial properties.

The Role

Founders has an immediate need for an experienced real estate finance professional with strong financial analysis skills.

This newly created position will spearhead financial and performance analysis and asset valuation. The Fund Finance Manager will work across teams including finance, investments, asset management and investor relations. This role provides a great deal of variety and an excellent opportunity to work across the entire business. While preference is for a local candidate, consideration will be given to strong candidates located elsewhere.

Responsibilities

Develop and maintain financial models to forecast fund performance and investment returns

Conduct promote waterfall calculations, liaise with Fund Administrator, ensure compliance with LP agreements Collaborate with the Investment Team and assist in conducting analysis of and underwriting prospective acquisitions

Work closely with Asset Management to conduct quarterly property valuations and participate in Valuation Committee meetings

Be an active leader within the Finance team to implement best practices, suggest process improvements, and participate in other strategic operational initiatives

Collaborate on deliverables and projects with other teams including Finance, Investments, Asset Management and Investor Relations Assist with completing institutional investor data requests and preparation of financial information for investor presentations

Job requirements

Prior real estate closed-end fund experience required and at least seven years of related work experience Strong understanding of real estate valuation and investment metrics; proficient in financial analysis and modeling distribution waterfall. Excellent analytical, reasoning and problem-solving skills Knowledge of fair value accounting standards and fund operations Advanced proficiency in Excel & Argus. Familiarity with Yardi a plus High attention to detail and a commitment to accuracy. A strong sense of ownership and accountability Ability to work independently and as part of a team with exceptional organizational skills and a strong proficiency with multi-tasking Strong verbal and written communication skills, including a high standard of professionalism and responsiveness with both internal and external stakeholders Undergraduate degree in Finance, Accounting, or similar CFA, CAIA and/or CPA desirable This position offers a competitive compensation package including a base salary and discretionary bonus.