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Daley And Associates, LLC

Senior Fund Accountant (Real Estate PE Fund)

Daley And Associates, LLC, Boston, Massachusetts, us, 02298

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Senior Fund Accountant (Real Estate PE Fund) Senior Fund Accountant - Boston, MA - Real Estate Private Equity

Our team is working with a leading real estate private equity fund based in Boston looking to hire a Senior Fund Accountant to their growing team. The Senior Fund Accountant will be responsible for the monthly, quarterly and annual accounting closes for the real estate properties and funds, with additional emphasis on the quarterly and annual fair value reporting cycles.

This role is a full time hybrid (3 days in 2 at home) position that will offer between 95K-110K base, bonus, profit share, & strong benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at vkulturides@daleyaa.com

Responsibilities:

Ensure accurate accounting and reporting for real estate investments on a monthly and quarterly basis, including the review of quarterly promote and management fee calculations

Regularly engage with joint venture partners to discuss ongoing operations and transactions from a financial perspective

Collaborate with the fund administrator on various tasks, focusing primarily on the review process for quarterly and annual financial statements

Perform a weekly Fund cash availability analysis to evaluate loan drawdowns and repayments

Forecast, coordinate, and review investor level capital calls and distribution notices

Review and analyze internal valuations and external appraisals of real estate investments, and prepare materials for the Valuation Committee

Interact with and support the Investment, Portfolio Analytics, Tax, and Legal teams on financial matters with respect to real estate investments and Funds

Coordinate with auditors for Fund level audits to ensure completeness and accuracy within the financial statements

Review property budget submissions on an annual basis and investigate ongoing budget to actual variances

Maintain the integrity of portfolio accounting systems and general ledger records

Analyze and research current industry and accounting guidance applicability to the real estate portfolio and the accounting and reporting process

Lead and engage in special projects to improve internal team processes and activities.

Qualifications:

A Bachelor’s degree in Accounting. CPA designation is strongly preferred

Two to four years of relevant accounting experience within the real estate industry (preferably Big 4 public accounting experience and/or experience working at a real estate investment manager)

Experience with real estate investment accounting/industry issues, with a firm understanding of real estate valuation, property operations, and financial reporting matters

General understanding of the tax aspects of private real estate investments

Proficiency in Yardi is preferred, but not required

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