Accounting

Position/Title**:** Vice President, Accounting

Pretium

Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium’s platform has more than $57 billion of assets, comprising real estate investments across nearly 90 markets in the U.S., and employs approximately 7,000 people across 50 offices, including its New York headquarters, Miami, London, Seoul, and Sydney. 

Position

The successful candidate will manage and/or assist with all finance, accounting, tax, treasury and reporting activities for Pretium's first open-ended residential credit fund. This vehicle will primarily invest in non-performing and re-performing mortgage loans. The candidate must have a strong background in investor reporting functions for an open-ended fund. Working knowledge around the accounting and operations for residential mortgage loans and REO is preferred but not required. The VP will play a critical role in the quarterly and annual financial statement close process, which includes working side-by-side with the fund administrator. The VP will be responsible for maintaining a strong internal control environment and will also be responsible for ensuring that all critical processes are conducted in accordance with documented policies and procedures. The ideal candidate must be a self-starter and is comfortable operating in a dynamic, fast-paced, and entrepreneurial environment. This position will provide exposure to many different areas of the business, including close interaction with multiple third-party vendors and financing partners, and has the potential for responsibilities to expand quickly. This position will report to a Director on the Finance team and is based in the Firm’s Minneapolis, MN office.

Key Responsibilities

• Play a lead role in the production of quarterly and annual financial statements, including partner capital statements.
• Manage and assist the auditors and fund administrator through the quarterly financial statement preparation and annual audit.
• Oversee reconciliation of bank accounts.
• Oversee the monthly financing and compliance reporting.
• Prepare monthly portfolio subledgers (investments and financing) for the fund.