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Next Step Recruitment

Fund Accountant

Next Step Recruitment, Chicago, Illinois, United States, 60290

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Overview A Chicago-based real estate investment firm, backed by institutional capital and operating across both single-family rental (SFR) and multifamily portfolios, is seeking a

Fund Accountant

to join its growing finance team. The firm combines entrepreneurial energy with disciplined, data-driven execution and is currently expanding its fund platform and accounting infrastructure.

The Opportunity The

Fund Accountant

will oversee the day-to-day accounting, reporting, and analysis for the firm’s real estate investment funds — with a focus on SFR assets. This role ensures accuracy and integrity at the

fund level , turning property-level activity into investor-ready financial statements. It’s a hands‑on, technical position ideal for someone who enjoys both precision and process improvement.

Key Responsibilities

Prepare monthly, quarterly, and annual financial statements for investment funds.

Calculate and reconcile Net Asset Value (NAV) and investor capital balances.

Record journal entries, accruals, and allocations of fund income and expenses.

Reconcile cash, intercompany, and investment balances.

Prepare investor capital statements and support quarterly investor reporting.

Collaborate with Investments on valuation inputs and performance analysis.

Review and reconcile data flows between Yardi and internal systems (Excel-based).

Support annual audits — prepare workpapers and liaise with auditors.

Participate in process automation, data integrity, and system improvement initiatives.

What This Role Is Not

Not responsible for property-level accounting (AP, AR, rent rolls, etc.).

Not an investor relations or fundraising role — supports these teams through data.

Not a management role — this is an individual contributor position.

Skills & Experience

2–5 years

of experience in fund or real estate accounting.

Real estate fund background preferred (SFR or multifamily).

Experience from fund administration (SS&C, Alter Domus, JTC), public accounting (real estate/fund audit clients), or in‑house fund accounting.

Strong understanding of

GAAP

and experience preparing audited financials.

Advanced

Excel

skills (lookups, pivots, reconciliations).

Familiarity with

Yardi

or

RealPage

is a plus.

Comfortable working across multiple entities and large datasets.

Clear, concise communicator who can partner with non-accounting teams.

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