Location: Long Island City, New York.

 

Responsibilities:

•  Prepare, update and consolidate monthly, quarterly and annual financial statements of ARCFE and its EB-5 funding entities for both internal use and external agencies.

• Monitor incoming and outgoing fund transfers associated with EB-5 escrow and operating accounts and handle funds disbursement for project entities.

• Collaborate with auditors to deliver including but not limited to general ledgers, loan documents, and offering documents to issue audited financial statements of the affiliates.

• Assist in development of annual budget, quarterly updates of budget and variances analysis. Provide budget related reports and perform cost estimation analysis of each respective EB-5 project.

• Review and reconcile each EB-5 funding entity’s bank statements and evaluate financial statements performance on a monthly basis.

• Process quarterly and/or annual interest distributions and deliver annual financial report with Schedule K-1 or Form 1042-S to investors.

• Evaluate financial reporting system, accounting and collection procedures, and make recommendations as needed to improve operation efficiency.

• Analyze financial details of operations in order to identify business development opportunities and area where improvement is needed.

• Examine historical and projected financial data to provide senior management with valuable data upon which to make relevant financial decisions.

 

Minimum Requirement:

Must have Master’s degree in Accounting.   

 

Must have following skills: completing financial reporting for companies with multiple subsidiaries; budgeting & forecasting with Excel functions; tax planning & financial modeling.  

 

Salary: $100,000-$100,500

 

Send resume to American Regional Center for Entrepreneurs, Inc. at Jhu@arcfe.com.