Fund Accounting Manager

Position Overview

The Fund Accountant is responsible for performing the day-to-day accounting and financial analysis of private equity real estate institutional funds. The ideal candidate has real estate private equity fund accounting and/or private equity experience in GAAP (Investment Company), financial reporting, and financial analysis.

Specific responsibilities include:

• Prepare daily journal entries, as well as journal entries for reoccurring transactions on a monthly, quarterly and year-end basis
• Execute cash management functions and facilitate the movement of cash between intercompany bank accounts and to external clients/customers
• Track daily cash movements and prepare monthly and quarterly cash reconciliations
• Track and review of line of credit borrowing transactions
• Ensure accuracy of daily interest calculations on the line of credit
• Track invoices and prepare wires for invoice payment
• Review monthly property reporting for accuracy and reasonableness
• Prepare capital call and distribution calculations for multiple funds
• Assist with preparation and recording of quarterly and year-end fair valuation journal entries
• Prepare quarterly and annual financial statements and individual investor capital statements
• Assist in preparation of audit schedules, financial statements, or other reports
• Identify exceptions and problems affecting accounting records, communicate to management, and assist in their resolution
• Safeguard assets and assure accurate and timely recording of all transactions by applying controls and checks across all departments
• Analyze root causes of accounting discrepancies and provide corrective action
• Develop process improvements. Create and maintain a documented system of standard operating procedures and workflow. Document policies, procedures, internal controls, best practices and workflow for assigned areas

Candidate Qualifications and Attributes:

• Bachelor’s degree in Accounting or Finance
• 1+ years of relevant accounting, treasury or finance work experience
• Institutional and/or private equity fund experience in GAAP would be helpful, but not required
• Experience with partnership accounting and private real estate funds, would be helpful, but not required
• Proficient in MS Excel skills
• Ability to work independently, conducting analysis and taking responsibility for new tasks
• Excellent oral and written communication skills
• Proven organizational skills with ability to set priorities, manage multiple projects and meet deadlines in a dynamic, growing environment
• Ability to interact with co-workers, investors and vendors in an articulate, courteous and business-like manner at all times
• Strong attention to detail
• Ability to grow in the role and take new responsibilities with the expected growth of the fund
• Ability to work under pressure and under tight deadlines
• Ability to independently identify issues and determine appropriate steps to correct them