Fund Accounting Associate

Key Responsibilities

• Prepare and review fund-level quarterly financial statements, ensuring compliance with GAAP, ILPA guidelines, and industry standards.
• Cook up monthly close procedures within a defined timeframe, in collaboration with the third-party fund administrator and investment accounting team.
• Review workpapers, fee calculations, waterfalls, and investor statements.
• Review secured debt quarterly compliance reports.
• Facilitate annual audits of various investment vehicles.
• Maintain and document policies and procedures around financial reporting, internal controls, and other accounting processes.
• Work closely with the external tax team on information requests, data analysis, registrations, filings, and return reviews.
• Manage REIT compliance and serve as a liaison between asset managers and tax consultants.
• Manage quarterly variance reporting at the fund level.
• Provide acquisition and transaction support for the Investments team.

Requirements

• Strong analytical and technical accounting skills.
• Proficiency in Excel, Word, and PowerPoint.
• Experience with Yardi and/or Workiva is a big plus.
• Working knowledge of GAAP and fair value accounting principles.
• Strong work ethic, self-motivated, and capable of making effective independent judgments.
• Acute attention to detail and a passion for quality.
• Excellent organizational and process management skills to handle multiple priorities.
• Ability to meet critical deadlines and work independently.
• Proven ability to maintain confidentiality and work collaboratively in a team environment.
• Experience in commercial real estate and/or fund accounting is a plus.
• Eagerness to collaborate with a small internal team and external third-party vendors.