Senior Fund Accountant

SENIOR FUND ACCOUNTANT

Summary

This position is responsible for the day to day accounting of real estate assets and the funds that invest in these assets. The position is generally responsible for closing the books and records for the funds and approximately 12 to 15 properties and all ancillary accounting related to these assets.

Essential Functions

  • Review all property management financial reports on the individual assets
  • Record the fair value adjustment for investments in real estate and debt
  • Record fund level contributions and distributions
  • Assist with the validation of inputs utilized in the investment valuation process
  • Prepare quarterly financial statements and investor reports
  • Prepare annual financial statements and footnotes
  • Collaborate with asset managers, investment team, property level accountants, borrowers and servicers
  • Complete investor/consultant quarterly questionnaires, if applicable
  • Perform cash management functions which entail review of investment level funding requests
  • Record and reconcile financial information.
  • Coordinate audit requests
  • Prepare annual audit and tax work papers
  • Assist in the calculation of performance returns
  • Prepare monthly bank reconciliations and cash projection analysis

Prerequisites

  • Bachelor’s Degree in Accounting or Finance.
  • Minimum of 2 to 4 years of accounting experience with an emphasis in the real estate industry.
  • Experience can be with either public accounting or private industry.
  • Experience with investment companies a plus.
  • Be conscientious about achieving deadlines and has an accurate work product.
  • Assume accountability for specific performance.
  • Good written and verbal communication skills, including ability to articulate recommendations in concise and timely manner.
  • Detail oriented and very analytical
  • Strong organization skills
  • Quantitative propensity with ability to spot errors.
  • Strong computer skills in Microsoft Excel.
  • Experience with Yardi a plus.
  • Strong knowledge of GAAP and accounting pronouncements in general
  • Understand variance analysis when comparing actual to budget or historical results
  • Understand how to read and write financial statements