Manager, Fund Operations - Pgim - Remote | Wfh

Our Vision
At our company, we deeply value our team members and are committed to their success. We provide a nurturing environment that fosters professional development and innovation, empowering our employees to thrive.
What You Will Do
As a renowned real estate investment manager with over $180 billion in gross assets under management and administration, we, at the company, strive to achieve exceptional outcomes for investors and borrowers through a diverse range of real estate equity and debt solutions across the risk-return spectrum. With a rich legacy of 50 years in commercial real estate investment and 140 years in real estate financing, backed by the expertise of professionals in 32 cities worldwide, our insights, rigorous risk management, and seamless execution set us apart.
Joining our team means becoming a part of an inclusive company culture that celebrates diversity, recognizing that it fuels our ability to deliver better and more innovative solutions to our clients. We are driven by a vision that extends beyond financial success - we actively contribute to positive environmental and social impact while strengthening communities globally.
The Role
As the Real Estate Fund Accounting Manager, you will play a crucial role within our Fund Operations team, providing essential support and services to the company Real Estate in accounting and reporting for real estate investments within our domestic portfolios. You'll be responsible for accurate and timely accounting and reporting for your assigned portfolios and will act as a key liaison for various business and functional teams. We embrace remote work, but if you're located near our Newark, NJ headquarters, you'll have the option for a hybrid in-office presence.
What You Can Expect
Overseeing multiple third-party fund administrators, ensuring effective oversight controls and providing clear instructions and direction.
Managing a calendar of deliverables, tracking Key Performance Indicators, and maintaining strong relationships with the business and fund administrators.
Preparing monthly, quarterly, and annual financial statements, as well as performance returns and client deliverables.
Supporting Portfolio Management and Asset Managers in operational matters and collaborating with Legal and Transaction staff on investment acquisitions and sales.
Implementing new accounting policies and ensuring accurate accounting treatment in complicated transactions.
Working with various teams on data validation and flow to improve accounting/operations deliverables and reporting systems.
Managing audits with internal and external auditors.
Leading and mentoring junior accounting professionals.
Contributing to firm-wide projects, initiatives, and process improvements that impact assigned portfolios or the Fund Operations team.
What You Will Bring
5-8 years of financial accounting experience, with prior experience in the real estate investment management industry strongly preferred.
Bachelor's degree in accounting or a related field, with a strong preference for those with public accounting or CPA experience.
Familiarity with generally accepted accounting principles related to fair market value of real estate and fund accounting.
Knowledge of REIT structures, taxation, joint venture waterfalls, income calculations, and asset management/incentive fee calculations.
Proficiency in Excel and strong analytical, organizational, and problem-solving skills.
Excellent leadership, management, interpersonal, communication, and partnering abilities.
A commitment to continuous improvement and adding value.
We believe in potential - if you think your skills are a good fit for this role, we encourage you to apply, even if you don't meet 100% of the requirements.
About Us
We are a prominent player in the real estate investment industry, managing over $207.9 billion in gross assets under management and administration ($133.8 billion net). As a part of us, the global asset management business of Prudential Financial, Inc., we offer a wide range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.
With offices in 18 countries, the company has nearly US$1.2 trillion in assets under management, dating back almost 145 years, and experience through more than 30 market cycles. Our long-term view extends to the development of our talent, providing support and inspiration to help our employees excel personally and professionally throughout their tenure with us.
Join us in making a difference in the world of real estate investment. Visit our website for more information and to explore exciting opportunities at our company.
Employment Type: Full-Time
Salary: $ 125,000.00 140,000.00 Per Year