Job Description

MONTICELLOAM, LLC and its affiliates (“Monticello”) is a real estate and asset-based lender providing asset management and comprehensive capital solutions for healthcare, multifamily, and commercial real estate assets throughout the US. Monticello is seeking leaders and team players who can work in a collaborative environment and possess drive, integrity, creativity, compassion, and a strong work ethic.

We are seeking an Accounting Associate for our New York City office. The ideal candidate will have a solid understanding of financial management principles and proven experience in audit procedures. The Accounting Associate will be responsible for ensuring the integrity of accounting information by maintaining and analyzing the sets of books for a portfolio of many debt funds as well as the Sponsor and related entities. The Associate will coordinate with fund administrators, working closely with Monticello’s Senior Controller, Chief Accounting Officer, as well as others on the Monticello team. The Associate will also assist in the financial statement preparation and FP&A functions for our various business lines and reporting entities.

The primary responsibilities and qualifications include:

• Support the Day-to-Day Accounting and Monthly Close Process for Monticello and it’s affiliate business units: Support and grow into the lead preparer of the monthly financials for Monticello as a corporate entity, along with several other internal business units at Monticello. This will be reviewed by CAO and then presented to firm leadership on a monthly basis.

• Support the Day-to-Day Accounting and Monthly/Quarterly Close Process for Monticello’s investment management clients. Monticello is a registered investment advisor and acts as the investment manager to 40+ private funds. We engage a fund administrator to be the official books and records of these funds, but it’s critical that Monticello independently review and sign-off on those records prepared by the fund administrator. This role will support and grow into the lead liaison between Monticello and this fund administrator. This will include regular correspondence with the fund administrator, process-driven review and sign-off on our monthly / quarterly NAV packs, preparation of investor reporting materials, assistance with our quarterly distributions payable to investors, etc.

• Audit Support: Support and grow into the lead audit liaison for Monticello. Monticello completes approximately 45-50 audits each year and engages two external audit firms to do so. This role will be instrumental in fielding audit requests, reviewing and drafting financial statements, and project managing the overall audit process. This will also include regular communication with our Fund Administrator and Valuation firms.

• Tax Support: Support and grow into lead tax liaison for Monticello. Monticello and it’s affiliate entities complete over 300+ tax returns each year, and we engage two external tax firms to do so. This role will be instrumental in fielding tax requests, and project managing the tax return filing process.

• Prepare all Corporate invoices : Invoices that are presently being prepared by the CAO will become the primary responsibility of this role.

• Covenant Reporting: Support and grow into lead preparer of all covenant and compliance reporting the firm is subject to. This includes both corporate guarantees and guarantees in place at our affiliate fund levels.

• FP&A Support: Assist in modeling financial proformas and FP&A functions for Monticello as a corporate entity, as well as Monticello’s affiliate funds.

• Technology Implementation Support: Where the firm has new technology implementations arise, or existing initiatives in process, it will be required that this role embrace this automation, and assist, where needed, in these implementation initiatives.

• Corporate Treasury Support: Where necessary, support the company’s Treasurer, CAO, and Senior Controller in the day-to-day cash management and firm treasury activities.

Job Requirements:

• 2 - 5 years of corporate or public accounting experience. Accounting and Finance experience in the Seniors’ Housing / Healthcare industries a plus, but not required. Auditor Experience strongly preferred, but not required
• Finance or Accounting degree required
• CPA certification a plus, but not required
• Experience in the following tech platforms not required, but strongly preferred: Kyriba, Netsuite, Sage Intact
• Strong computer skills with proficiency in Microsoft Excel and Adobe Acrobat
• Strong background in FP&A functions, including financial modeling and proforma analysis
• Must have strong work ethic, be able to work independently
• Proactive in identifying and resolving issues
• Strong analytical and excellent problem-solving skills
• Must be detail oriented and capable of multi-tasking
• Excellent oral and written communications skills
• Work in office as required by company policy. This is not a remote position.

At Monticello, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Monticello is an EEO employer.

Monticello offers a competitive base salary and bonus. The base salary range for this position is $100,000-$125,000/year. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process.

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