Senior Fund Accountant

Overview

• Lead fund accounting operations for a private equity firm specializing in real estate investments.
• Utilize advanced technology tools to streamline accounting processes and improve efficiency.
• Prepare and analyze fund-level financial statements and investor reporting packages.
• Collaborate with internal teams and external auditors to ensure compliance and accuracy.
• Support REIT compliance and fund formation activities with detailed analysis.
• Drive automation initiatives to eliminate manual work and enhance workflows.
• Maintain and improve data integration processes across accounting systems.
• Contribute to special projects, including deal-level modeling and side-letter analysis.

Key Responsibilities & Duties

• Prepare journal entries and maintain general ledgers for multiple fund entities.
• Perform bank reconciliations and monitor cash balances regularly.
• Calculate and allocate capital calls, distributions, and waterfall returns.
• Ensure compliance with REIT income and asset testing requirements.
• Develop audit workpapers and respond to auditor inquiries effectively.
• Prepare lender reporting packages and track compliance with loan covenants.
• Design automated workflows to enhance efficiency and reduce manual tasks.
• Utilize AI tools for document extraction and anomaly detection in reporting.

Job Requirements

• Bachelor’s degree in Accounting or related field.
• Minimum of 3 years of experience in fund accounting or related roles.
• Proficiency in US GAAP for investment companies and real estate accounting.
• Hands-on experience with financial statements, capital calls, and waterfall calculations.
• Advanced Excel skills including Power Query; familiarity with Yardi is preferred.
• CPA certification or active candidacy is strongly preferred.
• Experience with AI tools or scripting for accounting processes is advantageous.
• Excellent organizational and communication skills to manage deadlines effectively.