Finance Associate, Client Finance Group

Avenue One · New York City, NY

Company

Avenue One

Location

New York City, NY

Type

Full Time

Job Description

About Us

Avenue One is a service platform and marketplace that enables investors to access single-family rental residential assets by connecting an ecosystem of local partners to institutional capital. We are in the business of partnerships—finding, vetting, and empowering local experts nationwide to broker, find, buy, renovate, lease, manage, and sell properties on behalf of our clients.

We coordinate the efforts of our partners through a proprietary technology stack. This system takes in huge amounts of data at national and local levels, which, combined with information about each individual property, gives us and our partners a competitive advantage in pricing, speed, and scale. The technology is constantly evolving to remain best-in-class, but it will only be as good as our team that drives it, which is where you come in.

Avenue One provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, familial status, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Location

  • The position will be based out of New York and will allow for hybrid/remote/in-office

Experience / Qualifications

  • Bachelor’s Degree in Finance, Accounting, or equivalent field of study
  • 5+ years of finance experience at a financial institution (real estate, asset management, banking, capital markets, or alternative investments)
  • Proficient in Microsoft Suite and Google Workspace
  • Experience in treasury and/or banking operations
  • Self-driven, organized, and able to manage multiple tasks simultaneously
  • Modeling and/or FP&A experience, utilizing SQL queries or business intelligence tooling (Tableau, Looker, Power BI, Sigma, etc.) a plus

Job Description
The Treasury Capital Markets Finance team sits within the broader Client Finance group and serves as the reporting and financial operating arm for the company.  This team is responsible for various levels of weekly, monthly, and quarterly client reporting, utilized to measure financial performance and determine capital requirements. The team is also heavily involved with all client/investor revenue and fee oversight. This is an exciting opportunity to grow with the firm and help build a critical function of the business.  Great culture of young and fast-paced professionals with a result-oriented, humble mentality.  The ideal candidate is proactive and autonomous and is unafraid to get their hands dirty building infrastructure from concept to creation.  Core responsibilities include:

  • Assist with monthly investor fee reporting by client and entity
  • Work closely with the transaction management and title and closing teams to review and fund daily acquisitions, ensuring accurate and timely execution, and/or review, of client wires/ACH payments
  • Monitor client capital positions across entity bank accounts to ensure adequate liquidity in order to facilitate daily client entity AP expenses (RE Taxes, Insurance, Renovations etc.)
  • Debt Structuring and Facilitation (Warehouse financing / loan servicing / waterfall facilitation)
  • Assist Legal Entity Reporting team with Balance sheet and P&L asset level reporting
  • Work closely with asset management on portfolio analysis (budget vs actuals)
  • Capital Source/Use Management (Calls/Distributions/Financing)
  • Assist with Client on-boarding, including financial diligence (fee terms, KYC)
  • Assist in the reporting and reconciliation of brokerage commissions, earnest money deposit, and due diligence schedules
  • Partner with data & engineering to build new solutions aimed at streamlining reporting, as well as assisting with data integrity across existing datasets/dashboards
  • Apply critical and analytical thinking skills by identifying problems, evaluating information, and developing solutions to complex issues, while being comfortable with creating processes from the ground up
  • Ad-hoc client reporting requests

Salary Range 

The base pay range for this role is estimated to be $130,000 - $160,000 at the time of posting. Final compensation will be determined by various factors such as work location, education, experience, knowledge, and skills.

Compensation / Benefits

  • Competitive compensation
  • Company-paid medical, vision, dental, and wellness benefits for employees and dependents
  • Company-provided home office equipment
  • Flexible vacation and sick days
  • Team-oriented and supportive working environment
  • Company-sponsored events and swag
Apply Now

Date Posted

06/13/2024

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