CFO
Contact
1/11/21
Location
Description
Company: JEN Partners Position: Chief Financial Officer Location: New York, NY Will consider flexible work structures The Company JEN Partners is a vertically-integrated private equity real estate firm, based in New York City. The firm specializes in investments in residential land, master-planned communities, land financing and single family build-for-rent, as well as other opportunistic strategies. Based on capital raised and track record, we believe we are the leaders in our space. JEN has over $1 billion in assets in under management and expects to hold a final close for its seventh fund this month on over $500 million of equity. The JEN team in New York is approximately 10 employees and enjoys a culture where we take deep pride in both our individual and collective work. We are supported by an additional 35 development-related FTE’s located across the country in the markets where we invest. Responsibilities Manage all financial aspects of a vertically-integrated private equity firm with over $1 billion in AUM. Functional areas include finance, accounting, tax, treasury, investor relations, compliance and operations. Oversee our 3rd party service providers including our fund administrator, audit and tax firms as well as internal team of 2 FTE accounting professionals and 2 PTE tax professionals. Supervise fund accounting, financial reporting and tax structuring; identify and resolve tax and US GAAP issues. Review accounting for the general partner and management company and perform budgeting, cash flow management and other financial analyses. Oversee and manage firm’s commercial banking relationships, including subscription line and cash accounts as well as covenant reporting on asset-level financing. Work with outside compliance service provider to monitor compliance program and to document and enforce appropriate policies. Interface with our development operations across 10 states, overseeing closings, development draws, revenues and performance payments to our regional partners. Review fundraising and related agreements with counsel, including subscription documents, private placement memoranda and side letters. Respond to due diligence questionnaires and prepare other customized limited partner information requests. Negotiate, implement and manage firm’s administrative and office needs (as required), including human resources, IT, facilities, payroll and benefits for its employees. Position Requirements CPA Minimum of 12-15+ years of accounting work experience, including at least 5 years of hands-on private equity accounting experience (i.e., Controller level or above) Experience leading internal and external teams Familiarity with Yardi a plus Personal Requirements Someone who ensures deadlines get met Highly organized Keen desire to learn Good rapport building skills with colleagues, investors and other third parties Owner’s mindset, interested in having a long-term seat at the table
NYC
Please submit resumes to hr@jenpartners.com