< Back to job list

Associate, Real Estate Accounting/ Asset Management

Dallas

Credit Funds

Ref#: 2806

Date published: 3-Nov-2021

About Fortress

Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $53.1 billion of assets under management as of March 31, 2021. Founded in 1998, Fortress manages assets on behalf of approximately 1,800 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com

About the Position

The Net Lease Group at Fortress was established at the inception of the credit business in 2002. The small, tight knit and high output team acquires a high volume of net lease assets, with a proven track record of success.

Fortress’s Dallas office has an opening for an Associate to join the Net Lease Group and help manage the net lease portfolio of assets.   The Associate will work alongside a very dynamic, high performing team and will be expected to become an invaluable member in its future success. 


Responsibilities Include:

•            Overseeing and monitoring the performance of a diverse portfolio of net leased assets across the United States and United Kingdom

•            Responsible for confirming Rent collection, loan payments, other payables and distributions.

•            Prepare monthly marks and quarterly book pages for the portfolio.

•            Audit and confirm net cash flows by tracking monthly treasury activity.

•            Liaise with internal and external audit and valuation requests, handle asset audits with minimal    supervision

•            Monitor loan covenants and reporting requirements of the portfolio and provide monthly reports to the team.

•            Review and analyze property financials keep abreast of tenant financials with the help of the broader team

•            Review and become an expert on the transaction and loan documents on assets

•            Work closely with JV partner teams on capital call calculations, leasing and asset management functions.

•            Effectively interact with in-house departments including but not limited to accounting, treasury, and legal on matters related to the portfolio.


Qualifications

•            5-7 years of direct and hands on experience in commercial real estate accounting

•            Strong analytical and basic modelling skills including regular use of Excel and MS Office programs

•            Acute attention to detail, ability to multitask, and strong organizational skills

•            Outstanding written and verbal communication

•            Self-starter, able to work independently or in a team environment

•            Demonstrated flexibility to handle multiple projects in a fast-paced environment

•            Unquestionable integrity and ethics

•            Bachelor’s degree in accounting or related field


Apply Now Send to a friend



Fortress Investment Group LLC collectively with its subsidiaries and operating affiliates is an equal opportunity employer and considers all applicants for employment without regard to race, religion, creed, color, sex, age, national origin, citizenship status, disability, genetic information, protected veteran status, marital status, sexual orientation, gender identity, or any other status protected by federal, state or local law.