Connect Search, LLC
Our client is seeking a detail-oriented and driven Senior Fund Accountant to join their Real Estate Fund Accounting team. This role will be responsible for the day-to-day accounting, reporting, and financial oversight of private real estate investment funds. The Senior Fund Accountant will work closely with internal teams, third-party administrators, and external auditors to ensure accurate financial reporting and compliance with GAAP and fund agreements.
Base pay range
$90,000.00/yr - $100,000.00/yr Additional compensation types
Annual Bonus Responsibilities
Prepare and review monthly, quarterly, and annual financial statements for real estate funds in accordance with US GAAP. Record journal entries, maintain general ledgers, and reconcile cash, investments, and other accounts. Assist with fund-level consolidation, including real estate property-level activity, valuations, and performance metrics. Support capital activity processing, including investor contributions, distributions, allocations, and management fees. Prepare supporting schedules for audits and coordinate with external auditors and tax advisors. Review third-party property management reports, loan statements, and other supporting documentation for accuracy and completeness. Monitor compliance with fund agreements, debt covenants, and investor reporting requirements. Assist with quarterly investor reporting packages, performance metrics, and waterfall calculations. Identify process improvement opportunities and support system enhancements to increase efficiency. Collaborate with the asset management, acquisitions, and investor relations teams to provide financial insight on fund performance. Qualifications
Bachelor’s degree in Accounting, Finance, or related field; CPA or CPA-track preferred. 2–4 years of progressive accounting experience, preferably in fund accounting, public accounting (audit), or real estate investment firms. Strong knowledge of US GAAP; experience with investment or real estate funds is a plus. Solid understanding of consolidations, fair value measurement, and financial reporting. Proficiency in Microsoft Excel; experience with fund accounting systems (e.g., Yardi, Investran, MRI, eFront) is a plus. Strong analytical, organizational, and problem-solving skills with attention to detail. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing
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$90,000.00/yr - $100,000.00/yr Additional compensation types
Annual Bonus Responsibilities
Prepare and review monthly, quarterly, and annual financial statements for real estate funds in accordance with US GAAP. Record journal entries, maintain general ledgers, and reconcile cash, investments, and other accounts. Assist with fund-level consolidation, including real estate property-level activity, valuations, and performance metrics. Support capital activity processing, including investor contributions, distributions, allocations, and management fees. Prepare supporting schedules for audits and coordinate with external auditors and tax advisors. Review third-party property management reports, loan statements, and other supporting documentation for accuracy and completeness. Monitor compliance with fund agreements, debt covenants, and investor reporting requirements. Assist with quarterly investor reporting packages, performance metrics, and waterfall calculations. Identify process improvement opportunities and support system enhancements to increase efficiency. Collaborate with the asset management, acquisitions, and investor relations teams to provide financial insight on fund performance. Qualifications
Bachelor’s degree in Accounting, Finance, or related field; CPA or CPA-track preferred. 2–4 years of progressive accounting experience, preferably in fund accounting, public accounting (audit), or real estate investment firms. Strong knowledge of US GAAP; experience with investment or real estate funds is a plus. Solid understanding of consolidations, fair value measurement, and financial reporting. Proficiency in Microsoft Excel; experience with fund accounting systems (e.g., Yardi, Investran, MRI, eFront) is a plus. Strong analytical, organizational, and problem-solving skills with attention to detail. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing
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