Sr. Fund Accountant
IDj-14400
Job TypeDirect Hire
Compensation$100000 - $120000 / yr
Overview
A leading global private equity firm with a diversified, multi‑strategy commercial real estate platform is seeking a Senior Fund Accountant to join its Finance & Accounting organization. This role reports directly to the Group Controllers and is responsible for fund‑level financial reporting, performance analytics, regulatory compliance, and investor reporting across a complex portfolio of real estate investment vehicles.
The ideal candidate brings strong real estate fund accounting experience, deep technical knowledge of US GAAP/IFRS, and the ability to manage sophisticated investment structures, consolidations, and valuation processes.
Key Responsibilities
Financial Reporting & Performance Analysis
• Analyze operational and financial performance at the client, fund, and portfolio levels, including variances in:
• Interest income/expense
• ROI, ROA, ROE
• Cash and asset management fees
• AUM and NAV
• Short‑term gains/losses
• Commitments and contingencies
• Appreciation, owner equity, debt, dividends, and distributions
• Prepare period‑end financial reports for ordinary and qualified trust funds, pooled vehicles, and managed property funds.
Fund Accounting & Regulatory Compliance
• Complete SOX documentation, internal controls testing, and support audit requirements.
• Set up new legal entities in the core accounting system based on review of contracts for pooled asset, trust, and managed investment funds.
• Ensure compliance with US GAAP, SEC, and IFRS standards across all reporting activities.
Valuation, Reporting & Consolidations
• Prepare:
• AUM and NAV calculations
• Elimination reconciliations
• Waterfall and carried interest calculations
• Minority interest entries
• FMV audit adjustments
• Loan financing entries
• Property acquisition/disposition accounting
• Consolidated financial statements
• NCREIF data submissions
• Debt capitalization schedules
• Oversee property‑level and consolidated reporting for complex investment structures, including SPVs and directly held assets.
Cash Management & Investor Reporting
• Calculate portfolio investment returns, cash forecasts, and liquidity needs for operational activities.
• Prepare dividend distribution schedules and shareholder repayment calculations for domestic and international investors.
• Manage recurring and ad hoc investor and performance reporting packages.
• Complete external third‑party audit confirmation requests and provide fund‑level and investor‑level performance results.
Qualifications
• Bachelor’s degree in Accounting, Finance, or related field; CPA strongly preferred.
• 3–7+ years of experience in real estate fund accounting, private equity, or investment management.
• Strong understanding of closed‑end fund structures, SPVs, REITs, and multi‑strategy real estate vehicles.
• Expertise in US GAAP, IFRS, SEC reporting, and SOX compliance.
• Advanced proficiency in financial modeling, consolidations, and performance analytics.
• High attention to detail, strong ownership mentality, and ability to manage multiple priorities.
• Excellent communication skills and the ability to collaborate with investment teams, auditors, administrators, and senior leadership.
What This Role Offers
• Direct visibility with Group Controllers and senior leadership
• Opportunity to work across a global, multi‑strategy real estate platform
• High‑impact role with ownership of complex fund structures and reporting processes
• A collaborative, growth‑oriented environment with strong career advancement potential