Investment Accountant Job at ECLARO in San Francisco

Overview

Investment Accountant – San Francisco, CA. ECLARO is looking for an Investment Accountant for our client in San Francisco, CA. ECLARO's client is one of the largest mutual life insurance companies and provides long-term care insurance, mutual funds and retirement-plan services across the US. If you’re up to the challenge, then take a chance at this rewarding opportunity!

Position Overview: The Investment Accountant is responsible for supporting the accounting and financial reporting functions related to investment portfolios, joint ventures, and fund accounting. This involves performing complex reconciliations, maintaining capital accounts, and ensuring compliance with accounting standards and internal policies. The position represents an intermediate role requiring strong technical knowledge and the ability to manage multiple responsibilities with moderate supervision.

Pay Rate: $32.72/Hour

Responsibilities

• Review monthly income distribution, capital funding and monthly financial reports from third party property accountants in accordance with GAAP.
• Perform monthly intercompany cash clearing reconciliation; quarterly capital funding reconciliation to fix asset reports and prepare quarterly NOI (Net Operating Income) analysis.
• Understand SLR rent processes and be able to identify and resolve errors effectively.
• Collaborate with Asset Management, Property Management, Tax, and internal and external auditors to support audit and tax compliance activities.
• Analyze and resolve discrepancies in capital accounts, distributions, and partner equity transactions.
• Assist in process improvements to enhance accuracy and efficiency of accounting workflows.
• Maintain detailed documentation and ensure adherence to internal controls and company policies.
• Support ad hoc accounting projects and special assignments as needed.

Required Qualifications

• 2-4 years of relevant experience in investment accounting, fund accounting, or real estate accounting.
• Strong understanding of partnership accounting, and capital reconciliation.
• Proficiency in accounting software (Yardi, or similar) and Microsoft Excel (advanced skills is a plus).
• Knowledge of GAAP and experience working with auditors.
• Excellent analytical, organizational, and communication skills.
• Ability to work independently and as part of a team, managing multiple priorities under deadlines.

Preferred Qualifications

• Experience with real estate investments or private equity funds.
• Familiarity with tax reporting requirements related to partnerships and LLCs.

Benefits

• 401k Retirement Savings Plan administered by Merrill Lynch
• Commuter Check Pretax Commuter Benefits
• Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO

Contact

If interested, you may contact:

Carlo Flores
Carlo.Flores@eclaro.com
6466952934
Carlo Flores | LinkedIn

Equal Opportunity Employer: ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status, in compliance with all applicable laws.