Position Description:
Firm Overview
Balbec Capital is an SEC-registered alternative investment firm. Formed in 2010, Balbec has deployed over $18.5bn globally, and aims to deliver consistent, risk-adjusted returns for investors and long-term partners. A pioneer investor in financial assets subject to bankruptcy proceedings or other forms of distress, Balbec Capital has grown and diversified its platform over the past decade by developing strategies in residential and commercial mortgage loans across all stages of performance as well as select consumer credit and alternative credit assets where the team has a competitive advantage from a global footprint and counterparty relationships. Our team has invested in over 20 countries across Geo-Assets, selectively deploying capital into opportunities across geographies and asset types that we believe have attractive risk/reward profiles with upside potential and strong downside protection.
Job Description & Key Responsibilities
The Accounting Manager will actively manage the daily operations, including direct involvement in general ledger, accounts payable, cash receipts, reconciliations, month-end and year-end processes.
Responsibilities include:
-
Responsible for recording various revenue streams, billing and account reconciliations
-
Responsible for intercompany billing of receivables, tracking of outstanding balances and reconciliations
-
Support accounts payable function for select business lines
-
Responsible for company subsidiary monthly and quarterly close process and related reporting
-
Assist in annual financial statement audit of parent, including write-ups of process narratives
-
Integral contributor for ERP implementation and post-implementation administration (i.e. chart of account maintenance, reports etc.)
-
Monitor and analyze accounting data and perform reconciliation for select business units
-
Assess current practices and procedures, and make recommendations for improvements
-
Create ad hoc reporting as requested
Qualifications & Experience
- Four-year bachelors degree with a concentration in Accounting
-
CPA preferred
-
5 - 7 plus years of progressive accounting experience with a focus on operating efficiency, accuracy, reliability
-
Some public accounting experience preferred, additional experience in private industry a plus
-
Thorough knowledge of U.S. GAAP
-
Experience working with sophisticated accounting software such as Great Plains, Net Suite, etc.
-
Strong desire for automation and advancing technology and hands-on experience with accounting software
-
Ability to work well with systems, technology, and people
-
High level of proficiency in Microsoft Office suite
-
Excellent written and verbal communication skills across all levels of an organization
-
Well organized, detail oriented, with ability to prioritize tasks
Equal Employment Opportunity
Balbec Capital LP is committed to ensuring equal employment opportunities for all employees, including qualified employment applicants. The firm strives to maintain an environment free of discrimination based on race, color, religion, gender, national origin, ancestry, age, disability, genetic information, military or veteran status, marital status, sexual orientation, gender identity, citizenship, or any other protected category or characteristics as defined by federal, state or local laws. This equal employment opportunity policy applies to all employment practices, including but not limited to recruiting, hiring, advertising, promotion, transfer, reductions in force, social and recreational programs, training, employee development, compensation and fringe benefits, discipline and termination.