Fund Accountant

Townsend, founded in 1983, is a leading provider of global investment management and advisory services focused exclusively on real estate and real assets. The firm delivers custom investment solutions to institutional clients, aligning strategies with their specific program needs and objectives. Townsend is committed to excellence in both investment performance and client service, fostering a collaborative and high-integrity work environment. Headquartered in Cleveland, Ohio, the firm also operates offices in San Francisco, London, Hong Kong, and Seoul, offering team members an international platform and exposure to global markets. Professionals at Townsend benefit from working in a dynamic, growth-oriented organization with a strong focus on professional development. Part of Townsend’s client base is composed of a series of pooled funds that have raised capital from high-net-worth US investors and certain non-US investors. Townsend also manages co-investment funds for institutional investors that are designed to generate targeted exposure to non-traditional investment areas (such as emerging managers or emerging markets). Townsend is searching for an accountant to assist in the accounting and reporting process for the funds that are managed. The Fund Accountant will report to the Fund Controller and will work directly with the portfolio management team and other consultants. Responsibilities: Recording journal entriesReconciling accounts, including bank reconciliationsManaging cash activityMaintaining capital account balances under the supervision of Townsend’s Fund ControllerAssist fund administrators with quarterly financial reporting to the limited partnersProduce limited partner capital account statements on Investran softwareAssist in the preparation of quarterly reports and annual GAAP financial statements for Townsend’s fundsWorking with outside accountants to help assist the audit process and the production of tax reports for investors Qualifications: Bachelors in accounting or finance1-2 years experienceStrong analytic skillsIntermediate knowledge of ExcelEffective communication skills. The Associate may be called upon to work with managers of underlying funds, outside accountants and attorneys and to speak with fund investors and prospective investorsExperience with partnership capital accounting a plusExperience with private fund management and/or experience with real estate investments is a plusExperience with Investran software a plus