Howard is a managing director with private equity fund services and leads Baker Tilly’s fund administration practice out of the West Coast region. He brings more than 20 years of experience in the real estate industry, including eight years leading a fund administration operation at a global commercial real estate firm prior to joining Baker Tilly in 2023. He has extensive expertise in managing fund accounting and investor reporting for closed-end and open-end discretionary funds, as well as supporting nondiscretionary separate accounts for large institutional pension and sovereign investors. His specialties include REIT compliance, National Council of Real Estate Investment Fiduciaries (NCREIF) and Investors in Non-Listed Real Estate Vehicles (INREV) reporting, waterfall and incentive fee calculations, treasury and cash management operations and the implementation of internal control policies and procedures.
- Launched a fund administration service platform for a global real estate services firm and managed a large scale fund accounting and investor reporting teams across multiple U.S. offices
- Has fully implemented SOC I Type 2 (SSAE18) control environment and establishing quarterly control monitoring for management
- Managed client relationships of both upper and middle market investment fund managers
- Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) real estate fund reporting and disclosure requirements. Familiarity with reporting on full operating model and investment company model
- Deep understanding of valuation policy and practice for real estate (i.e., discounted cash flow model)
- Knowledge of NCREIF and INREV reporting standards and real estate industry benchmark submission (i.e., NCREIF and MSCI)
- Prior experiences in working with global investment managers on large scale lift-out of back-office fund accounting personnel and conversion to a full outsourcing model
- Implementation of Yardi Voyager Investment Management module
- Real estate accounting and reporting for all real estate asset classes (i.e., multifamily, commercial, office, industrial, logistics, retail and co-working)
- Full treasury and cash management implementation including controls and procedures
- National Council of Real Estate Investment Fiduciaries (NCREIF)
- Information Management Network (IMN)