Who You Are:
The Hometap Finance team is focused on contributing to the growth and success of Hometap Equity Partners and its associated investment vehicles. The team provides accurate, timely, and insightful financial reporting & analysis; serves as a collaborative, trusted, business partner to internal stakeholders to promote efficiency and scalability; works with prospective and current capital partners to deliver an A+ experience; and uses data-driven insights to inform financial and operational decisions across the organization.
The Senior Finance Associates primary responsibilities will be to ensure the smooth operation of our funds and other investment vehicles. This role will report to the Director of Capital Market Operations and work closely with our Capital, Accounting, Data Engineering, and Business Operation teams. This is an exciting opportunity for a candidate with experience in asset management who is looking to join a growing, dynamic company at the forefront of a new asset class!
What youll do:
- Work with Legal, Capital, and Operations teams to launch new investment vehicles, including GP/LP funds, JVs, warehouse lines, securitizations, term financing, etc.
- Track and forecast investment and other fund activity to determine capital requirements
- Monitor and manage capital activity (capital calls, line of credit advances, distributions, and line of credit paydowns) to ensure Hometap is able to meet investment commitments while maintaining an optimal capital structure
- Ensure accurate and timely reporting of borrowing bases (eligibility and concentration criteria), covenant calculations, and reporting for our debt facilities
- Coordinate with Hometaps external third-party fund administrator on quarterly pricing, fund financials, and investor statements
- Communicate professionally with our equity and debt capital partners
What you bring:
- 2-5 years of relevant experience, preferably in asset-backed lending or asset management
- Ability to operate in a fast-growing, dynamic environment
- Comfort with borrowing bases and covenant tracking, with a desire to be responsible for timely, accurate, and smooth operation of all Hometap investment vehicles
- Curiosity and strong critical thinking skills; able to get up to speed quickly on new topics and produce succinct and insightful analysis
- Highly proficient in Excel (e.g. complex formulas, macros, etc.)
- Strong written and verbal communication skills, along with evidenced ability to work well with business partners and external stakeholders
