Foundry Commercial
Overview
Talent Acquisition Manager | Foundry Commercial Foundry Commercial was created to be a different kind of real estate company. Our motto – “It’s Personal” – rings true in everything we do. We value authentic human experiences and foster a strong sense of community, teamwork, collegiality, and diversity. Trust and respect drive everything we do, and we aim to celebrate, learn, and grow together as a team. Foundry serves clients by attracting and enabling the most talented professionals in the industry, while having fun and making a lasting impact on the broader community. Job Summary We are seeking a detail-oriented and proactive Senior Fund Accountant to support the financial operations of multiple real estate investment funds. This role collaborates with the Foundry Development & Investment team, a third-party fund administrator, and external auditors to ensure accurate financial reporting and compliance. Key Responsibilities
Fund Operations & Capital Activity Oversee fund administrator preparation of capital call and distribution calculations and notices. Reconcile capital activity calculations to investor notices and investor portal CRM tool. Monitor and review property draw/distribution activity templates and wire preparations. Quarter-End Close & Financial Reporting Aggregate property-level financials and transaction support for fund administrator to produce quarterly books and records. Review P&L allocations and ensure accuracy of fair value adjustments, investment activity, and capital movements. Prepare and review consolidated financial statements using Yardi data. Review face financial statements and footnote disclosures, including financial highlights, prepared by fund administrators. Lender Compliance & Reporting Compile financial statement support for borrower and guarantor reporting. Draft compliance certificates and calculate covenant tests (e.g., DSCR, liquidity, net worth). Maintain loan covenant log and real estate schedule to track debt and equity capitalization for Foundry’s commercial real estate portfolio. Investor Reporting Provide financial accounting information to Foundry Investment Management team to support preparation of quarterly investor materials. Review quarterly investor materials for internal consistency and accuracy. Accounts Payable & Expense Management Push invoices to Bill.com and review expense coding for JSQ-administered entities. Maintain entity-level expense forecasts to ensure timely payments and liquidity. Cash Management Perform cash reconciliations for non-administered entities and development properties. Review bi-monthly cash reports prepared by fund administrators. Audit Support Coordinate with external auditors for interim and year-end testing. Review fund administrator-prepared financial statements prior to audit submission. Investor Transactions Ensure timely and accurate recording of subscriptions and transfers in accordance with investor agreements. Qualifications
Bachelor’s degree in Accounting, Finance, or related field. 2+ years of experience in fund accounting, preferably in real estate, private credit, or private equity. Strong understanding of financial statements, capital structures, and fund operations. Experience with Yardi, Bill.com, and working fund administrators preferred. High attention to detail and accuracy. Strong analytical and reconciliation skills. Focus on understanding and improving existing processes through structure/technology implementation. Ability to manage multiple priorities and meet deadlines. Excellent communication and collaboration skills. Proficiency in Excel and financial reporting tools. Foundry Commercial is an Equal Opportunity Employer Foundry Commercial is an equal opportunity employer and makes employment decisions on the basis of merit. It is the policy of Foundry Commercial to grant equal employment opportunities to all qualified persons without regard to race, color, creed, sex, religion, age, national origin, marital status, sexual orientation, citizenship, physical or mental disability that does not prohibit performance of essential job functions, veteran's status, or any other conditions or identifications against which discrimination is prohibited.
#J-18808-Ljbffr
Talent Acquisition Manager | Foundry Commercial Foundry Commercial was created to be a different kind of real estate company. Our motto – “It’s Personal” – rings true in everything we do. We value authentic human experiences and foster a strong sense of community, teamwork, collegiality, and diversity. Trust and respect drive everything we do, and we aim to celebrate, learn, and grow together as a team. Foundry serves clients by attracting and enabling the most talented professionals in the industry, while having fun and making a lasting impact on the broader community. Job Summary We are seeking a detail-oriented and proactive Senior Fund Accountant to support the financial operations of multiple real estate investment funds. This role collaborates with the Foundry Development & Investment team, a third-party fund administrator, and external auditors to ensure accurate financial reporting and compliance. Key Responsibilities
Fund Operations & Capital Activity Oversee fund administrator preparation of capital call and distribution calculations and notices. Reconcile capital activity calculations to investor notices and investor portal CRM tool. Monitor and review property draw/distribution activity templates and wire preparations. Quarter-End Close & Financial Reporting Aggregate property-level financials and transaction support for fund administrator to produce quarterly books and records. Review P&L allocations and ensure accuracy of fair value adjustments, investment activity, and capital movements. Prepare and review consolidated financial statements using Yardi data. Review face financial statements and footnote disclosures, including financial highlights, prepared by fund administrators. Lender Compliance & Reporting Compile financial statement support for borrower and guarantor reporting. Draft compliance certificates and calculate covenant tests (e.g., DSCR, liquidity, net worth). Maintain loan covenant log and real estate schedule to track debt and equity capitalization for Foundry’s commercial real estate portfolio. Investor Reporting Provide financial accounting information to Foundry Investment Management team to support preparation of quarterly investor materials. Review quarterly investor materials for internal consistency and accuracy. Accounts Payable & Expense Management Push invoices to Bill.com and review expense coding for JSQ-administered entities. Maintain entity-level expense forecasts to ensure timely payments and liquidity. Cash Management Perform cash reconciliations for non-administered entities and development properties. Review bi-monthly cash reports prepared by fund administrators. Audit Support Coordinate with external auditors for interim and year-end testing. Review fund administrator-prepared financial statements prior to audit submission. Investor Transactions Ensure timely and accurate recording of subscriptions and transfers in accordance with investor agreements. Qualifications
Bachelor’s degree in Accounting, Finance, or related field. 2+ years of experience in fund accounting, preferably in real estate, private credit, or private equity. Strong understanding of financial statements, capital structures, and fund operations. Experience with Yardi, Bill.com, and working fund administrators preferred. High attention to detail and accuracy. Strong analytical and reconciliation skills. Focus on understanding and improving existing processes through structure/technology implementation. Ability to manage multiple priorities and meet deadlines. Excellent communication and collaboration skills. Proficiency in Excel and financial reporting tools. Foundry Commercial is an Equal Opportunity Employer Foundry Commercial is an equal opportunity employer and makes employment decisions on the basis of merit. It is the policy of Foundry Commercial to grant equal employment opportunities to all qualified persons without regard to race, color, creed, sex, religion, age, national origin, marital status, sexual orientation, citizenship, physical or mental disability that does not prohibit performance of essential job functions, veteran's status, or any other conditions or identifications against which discrimination is prohibited.
#J-18808-Ljbffr