Fund Accountant (Real Estate)

Key Responsibilities

• Financial Data Preparation: Import financial data (1,000–25,000 lines) to complete asset-level journal entries for comingled and PE fund investment vehicles.
• Reconciliations: Perform bank reconciliations and maintain balance sheet account reconciliations to ensure accurate financial reporting.
• Expense Management: Review and approve property managers’ weekly draw requests for funds required to cover operating expenses and capital expenditures.
• Variance Analysis: Review and prepare variance analyses on third-party property managers’ financial statements, investigating unusual fluctuations and unexpected activities.
• Property Tax Management: Maintain tracking databases to ensure timely payment and accurate recording of property taxes across the portfolio.
• Policy Oversight: Assist in developing and ensuring adherence to internal policies and procedures, including cash management, bad-debt write-offs, and expense capitalization.
• Reporting & Analysis: Prepare recurring and ad hoc analyses of revenue, expenses, and capital expenditures at the portfolio and asset levels for senior management and external investors.
• Cross-Team Collaboration: Work closely with and support internal and external property management and asset management teams as needed.
• Cash Projections: Collaborate with the capital markets team to maintain forward-looking projections of the cash position for each investment vehicle.

Qualifications

• A Bachelor’s degree in accounting or finance required.
• Three (3) years experience in accounting for a multifamily or single-family rental (SFR) owner/manager.
• Proficient in Excel and General Ledger/Property Management Software Program is required.
• Experience with Propertyware and/or NetSuite is a plus.
• Ability to effectively present and information and respond to questions from management, vendors, and associates.
• Adhere to tight deadlines and quick turnaround for deliverables.
• Strong written and oral skills.
• Accurate with a strong attention to detail.

About Longmark Group

Longmark Group is an alternative asset management platform specializing in residential real estate. With a mission to redefine the industry, Longmark approaches asset management differently, starting with operational excellence as its foundation and evolving into a leader in capital markets innovation. Since 2021, the team at Longmark has acquired and managed single-family rental properties in high-demand markets across the Midwest and Sun Belt. Backed by a 100+ person team with expertise at top institutions like Blackstone, Progress Residential, and Goldman Sachs and led by CEO Brian Hardecker, Longmark embodies its core values: Innovative Thinking, Grounded Execution, Principled Leadership, Entrepreneurial Spirit and Strength, Data Sophistication. We are hiring a Real Estate / Fund Accountant to join our growing finance team and support a portfolio of single-family rental assets and institutional investment vehicles.