TIDES EQUITIES, LLC Looking for Director – Finance at Los Angeles Full Time

Description

*Qualifications:

• BS in accounting or finance is required.
• CPA or master’s degree is a plus.
• 3 to 5 years of relevant experience is required.
• Experience working in real estate or private equity firms is a plus.
• Excellent critical thinking, problem solving and analytical skills plus strong communication.
• Excellent computer skills.
• Ability to manage others and establish systems, procedures, processes etc.

*Responsibilities:

• Assist executives and other team members with day-to-day financial decisions.
• In charge of renewal of entity registrations
• Review loan agreement and other lender/bank agreements to ensure that the company is in compliance with all the requirements.
• Assist the executives in preparing personal financial statements
• Review and understand DACA and CMA agreement and coordinate set up and bank procedures to the third-party accounting firm and the management company on a timely manner.
• Oversee the preparation of annual tax returns for all entities by the accounting firm and responding to investors’ inquiries.
• Participate in various meeting such as investor’s calls, lender requirements and develop recommendations.
• Oversee Payroll processing and administrative duties relating this matter.
• Review, evaluate and maintain internal control system to ensure accuracy of records and recommend improvements to safeguard the company’s assets.
• Maintains relationships with the banks/financial institutions in conjunction with the executives.
• Assist in opening a bank account for new properties
• Provide all financial documents needed by the bank
• Communicate with financial institutions to provide requested documentations
• Manage corporate bank accounts
• Coordinate the wire instructions for processing and then, review and approve wire transfers initiated by accounting firm.
• Provide assistance in setting up bank online access for the accounting firm or other administrators
• Quarterly Distributions – Work in conjunction with the Asset Management team to assist in the determination of quarterly distributions and collection of funds for distributions, while communicating with partners on timing and amounts to be distributed and ensuring all distributions are sent out as timely as possible.
• Manage pref sheets
• Oversight of property management teams from an accounting and cash management perspective – in conjunction with the Asset Management team and the accounting firm, oversee the property management teams to ensure cash is being managed appropriately (prioritizing certain bills, avoiding late fees, mortgage is getting paid, no double paying of invoices, invoices are collected in proper formats, etc)
• Draws – Assist in managing this process with the accounting firm, the Asset Management team, and the management company.
• Manage and track any Tides loans to properties.

Job Type:
Full-time

Pay:
$125,000.00 – $200,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Physical setting:

• Office

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Los Angeles, CA 90049: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Accounting: 3 years (Preferred)

License/Certification:

• CPA (Preferred)

Work Location:
One location