Fund Accounting Manager

Based in our Letterkenny office 2/3 days a week

A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!  

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can!

What you will do

The Real Estate Fund Accounting Manager, will be a member of the Fund Operations team that services and supports PGIM Real Estate in the accounting and reporting of real estate investments acquired within PGIM Real Estate’s domestic portfolios. The Manager will be primarily accountable for the accurate and timely accounting and reporting for their assigned portfolios. This position will be a key point of contact for all business and other functional teams as it relates to their assigned portfolios.

What you can expect

• Oversight of the third-party fund administrator

  • Ensuring adequate oversight controls are in place and working properly

  • Providing proper instructions and direction as needed

  • Managing a calendar of deliverables including changes and up/downstream impacts

  • Tracking Key Performance Indicators to gauge performance

  • Balancing expectations/relationships between the business and fund administrator

• Ensuring the timely and accurate preparation of:

  • quarterly and annual financial statements;

  • monthly, quarterly, annual and multi-year performance returns

  • monthly, quarterly data submission to various industry organizations and consultants;

  • client deliverables (client/consultant questionnaires and ahoc request);

  • portfolio analytics deliverables (leasing and other real estate metrics);

  • investor level reporting (client traces, exhibits, unit value calculations)

• Supporting the Asset Managers in on-going operational matters;

• Interacting with PGIM Real Estate Legal and Transaction staff on the acquisitions and sales of investments;

• Interacting with PGIM Real Estate Policy group in implementing new accounting policies and the application of the appropriate accounting treatment in various complicated transactions;

• Interacting with PGIM Real Estate Systems on various initiatives as it impacts property/portfolio data;

• Overseeing various audits with internal and external auditors; 

• Contributing to firm wide projects, initiatives, and process improvements as they pertain to assigned portfolios or the overall Fund Operations team.

What you will bring

• Bachelor’s degree in Accounting required

• 5-8 years of experience in financial accounting including financial statement preparation and review; experience in the real estate investment company industry strongly preferred

• Prior experience in public accounting or CPA strongly preferred

• Understanding of generally accepted accounting principles as it relates to fair market value of real estate investment company accounting.

• Understanding of data validation and flow as it relates to accounting/operations deliverables and their down streams effect on other reporting systems/teams.

• Experience with managing a third-party fund administrator a plus

• Knowledge of and experience with REIT structures and taxation

• Ability to manage and prioritize multiple processes within tight deadlines while responding to various requests from multiple parties

What will set you apart?

• Experience calculating or reviewing asset management and/or incentive fee calculations

• Knowledge of performance return calculations and GIPS a plus

• Proficient in Excel

• Strong leadership and management skills

• Strong analytical, organizational and problem solving skills

• Strong interpersonal, communication and partnering skills

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.

• Annual Leave of 23 days at full pay.

• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.

• Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free.

• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.

• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

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