SVP, Head of Fund Accounting

About Faropoint

Meaningful Relationships. Ownership. Curiosity. Tenacity. Established in 2012, Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date, it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sector’s fragmentation, operating through 7 regional offices with 120+ employees in vertically integrated teams enhanced by proprietary AI-driven tools, while benefiting from compelling fundamentals like constrained supply growth, reshoring, and e-commerce tailwinds.

Senior Vice President, Head of Fund Accounting

The Senior Vice President, Head of Fund Accounting is a senior leadership role responsible for the full financial reporting & analysis lifecycle across Faropoint's funds platform. Reporting directly to the CFO, this executive will own fund-level financial statements, LP reporting, tax compliance and reporting, lenders covenant reporting, funds’ sources & uses planning, and the oversight of third-party fund administrators and external auditors. This is an opportunity for a seasoned fund accounting leader to build and scale a best-in-class accounting function in a high-growth, entrepreneurial real estate investment environment. The ideal candidate brings deep technical expertise across IFRS and US GAAP, a strong understanding of private real estate fund structures and economic mechanisms, and the operational mindset to lead a team of approximately ten professionals and various internal / external stakeholders.

Key Responsibilities

Fund Financial Reporting

• Own the preparation and review of quarterly and annual financial statements for all active fund vehicles under both IFRS and US GAAP frameworks.
• Oversee preparation of the firms’ performance tables and various ad-hoc investors reporting templates and requirement.
• Lead internal quarterly funds’ performance review and analysis to drive actionable insights for various stakeholders – finance team, asset management, acquisitions, etc.
• Ensure the accuracy, completeness, and timeliness of fund-level reporting, including NAV calculations, capital account statements, and waterfall computations.
• Oversee LP financial reporting packages, including schedules, and supplemental performance data, in close coordination with the Investor Relations and Legal teams.
• Manage period-end closing processes across funds, ensuring internal deadlines are met with precision.

Fund Administrator Oversight

• Serve as the primary point of oversight for third-party fund administrators, reviewing their work product, managing SLAs, and holding them accountable to quality standards.
• Establish and maintain internal controls to review and validate administrator outputs prior to distribution or filing.
• Lead the evaluation and onboarding of fund administration relationships as new vehicles are launched.

Audit & Compliance

• Manage the full annual audit cycle across all fund entities, serving as the primary liaison with external auditors.
• Ensure audit readiness throughout the year by maintaining organized, defensible workpapers and documentation standards.
• Oversee compliance with all applicable regulatory requirements across fund jurisdictions.

Tax Compliance & REIT Administration

• Direct tax compliance activities across hundreds of fund and property-level entities, including partnership returns, state filings, and REIT qualification testing.
• Execute REIT compliance programs, including income and asset tests, distribution requirements, and prohibited transaction monitoring.
• Coordinate with external tax advisors (Big 4 and specialist counsel) on complex multi-jurisdictional matters, including U.S. tax treatment for non-U.S. investors (QFPF, Non-QFPF, European, and other investor types).
• Ensure timely preparation and filing of all tax returns across the fund entity structure.

Lender & Debt Portfolio Reporting

• Oversee complex financial covenant compliance reporting across the firm's debt portfolio, spanning multiple institutional credit facilities, permanent loans, development loans, back leverage, etc. including ongoing lender relationships.
• Ensure accurate and timely delivery of lender reporting packages, borrowing base calculations, and compliance certificates.
• Partner with the Debt Capital Markets team on loan closings, documentation review, and post-closing reporting obligations.

Investment & Asset Management Collaboration

• Work closely with the investment team to analyze fund and asset-level financial results, including variance analysis, NOI attribution, and return modeling.
• Provide accounting input on deal structuring, acquisition due diligence, and asset disposition modeling.
• Support underwriting assumptions with historical actuals and portfolio-level trend data.

Investor Relations Partnership

• Partner with the IR team on LP reporting deliverables, capital call and distribution notices, and ad hoc investor data requests.
• Prepare and review PCAP statements, K-1 packages, and other investor-facing financial communications.
• Support responses to LP due diligence questionnaires and audit requests as they relate to fund financials.

Team Leadership & Development

• Lead, mentor, and develop a team of approximately ten Controllers and Assistant Controllers.
• Set clear performance expectations, conduct regular reviews, and create structured development pathways for team members.
• Foster a culture of accountability, continuous improvement, and intellectual rigor within the accounting function.
• Drive process automation and operational efficiency initiatives, including integration of accounting systems and workflow tools.

Qualifications

Required

• 10-15 years of progressive fund accounting experience, with significant exposure to private equity real estate fund structures.
• Experience with multi-jurisdictional tax compliance and investor tax structuring (domestic and international investors).
• Deep technical proficiency in US GAAP, with hands-on experience preparing or reviewing fund-level financial statements.
• Demonstrated experience managing tax compliance and filing programs across large, multi-entity structures.
• Proven track record overseeing external audits and fund administrators in a management capacity.
• Strong understanding of debt structures, loan covenants, and lender reporting obligations within a real estate context.
• Experience managing and developing a team of 8+ accounting professionals.

Preferred

• Prior experience at a Big 4 firm, followed by a senior role at a real estate private equity manager.
• Familiarity with Yardi, MRI, or similar real estate accounting platforms.
• Experience with industrial or logistics real estate asset classes.
• MBA or advanced degree in Accounting, Finance, or related field.

About Our Benefits

• Competitive base salary in the $200,000-$300,000 range, plus discretionary bonus and long-term incentives.
• Unlimited paid time off.
• Comprehensive health insurance options, including Medical, Dental, Vision, Life, Short-Term Disability, and Long-Term Disability, with the majority of premiums covered by Faropoint.
• 401(k) retirement plan with company match.

Equal Opportunity Employer

Faropoint is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better, and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.