Firm Overview
H.I.G. Capital is a leading global private equity investment firm with $67 billion of assets under management with a focus on the mid cap segment of the market. The H.I.G. family of funds includes private equity, growth equity, real estate, direct lending, special situation credit, and growth-stage healthcare. We focus on providing capital to businesses with attractive growth potential and align ourselves with committed management teams and entrepreneurs to help grow businesses of significant value. Our team of over 500 investment professionals has substantial operating, consulting, technology, and financial management experience, enabling us to contribute meaningfully to our portfolio companies. H.I.G. is based in Miami, with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco, and affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, and Paris in Europe as well as Bogotá, Rio de Janeiro, and São Paulo in Latin America, Dubai in the Middle East, and Hong Kong in Asia.
Role Overview
Due to the growth and expansion of our real estate platform, we are currently recruiting for a Real Estate Fund Accountant who will be based in our New York office. As a critical member of the Finance Team, the new hire will be responsible for the financial matters related to our real estate funds. The candidate will be intimately involved with assisting in the execution of the day-to-day accounting operations as well as the monthly and quarterly accounting close and financial reporting processes related to the real estate funds.
Role Responsibilities
- Maintain in-house accounting records for assigned investment vehicles.
- Work closely with investment professionals on deal fundings, realizations and other deal-related activity.
- Maintain investor allocations, including capital activity and performance reporting.
- Calculate management fees/carried interest.
- Prepare trial balances as well as quarterly financial statements.
- Prepare audited financial statements (with accompanying audit schedules) and be the point person for the annual year-end audit.
- Work with technology teams to build or improve system reports and functionality and validate such enhancements.
- Work on call/distribution notices, credit line draw/paydown/other notices, partner capital statements and quarterly investor letters and liaise with Investor Services team in the distribution of such deliverables and in preparing responses to periodic investor requests/questions.
- Interact with Tax Team to ensure that all tax information is compiled properly.
- Assist with special projects and internal ad-hoc requests and undertake broader team and/or office initiatives.
- Work on ad hoc projects, as needed (regulatory filings, investor requests, internal reporting to senior management, fundraising, etc.)
- Work with a third-party administration team for reporting, operations, and financial statements, as applicable.
Requirements & Qualifications
- Undergraduate or post-graduate degree in Accounting.
- CPA or CPA candidate.
- 2 - 5 years of work experience in public accounting or private financial institution (private equity, bank, hedge fund, etc.).
- Mix of public and private experience in the private equity industry is a plus.
- Proficient knowledge of private equity accounting and legal structures is a plus.
- Exposure to Investran and/or VPM is a plus.
- High attention to detail.
- Strong interpersonal and communication skills – both verbal and written – with an ability to build working relationships across various departments with individuals at different experience levels.
- Positive attitude with a team player mentality.
- Effective and self-motivated problem solver – demonstrating strong critical reasoning, analytical and detail-oriented attributes; Be able to think “out of the box”.
- Consistent demonstration of work ownership and high quality of work product.
- Ability to multi-task and demonstrate change agility with an evolving workload and ability to communicate upwards when competing priorities arise.
- Strong organizational skills.
- Proficiency in Microsoft Excel.
The salary range for the role is $100,000 - $125,000 per year.
