Sr Accountant - Property Funds

Key Responsibilities

• Prepare monthly reconciliation and closing process for fund general ledger accounts.
• Propose and prepare income/adjusting and/or re-classing entries.
• Prepare bank reconciliations for all bank accounts monthly.
• Prepare quarterly financial statement package (balance sheet, income statement, statement of partners’ capital) among fund and investment vehicles.
• Prepare and review quarterly individual partner capital statements.
• Review and monitor cash levels, intercompany balances and other receivables/payables among fund and investment vehicles.
• Process expense payments, wires and reimbursements among fund and investment vehicles.
• Review property-level financials and coordinate with Asset Management regarding operational results, cash needs, and capital activity.
• Calculate fees per partnership agreements and maintain supporting fee schedules across the fund and investment vehicles.
• Calculate and prepare capital call and distribution models per partnership agreements.
• Afford assistance to the Accounting Manager with Internal and External Auditor requests.
• Coordinate and oversee allocation of work to external consultants/fund administrators.
• Seek opportunities to enhance controls, streamline processes and automate the accounting workflow.

Specifications

• Bachelor’s Degree required in Finance, Accounting, or related field preferred.
• Minimum of 3-5 years of experience in accounting required with 1-2 years in public accounting preferred.
• Private equity, real estate, or fund accounting experience preferred.
• CPA preferred.
• Experience with FIS Investran preferred.
• Advanced proficiency in Microsoft Excel (complex formulas, pivot tables, etc.).
• Strong GAAP knowledge.
• Experience with Investran preferred.
• Must have strong analytical skills.
• Must have strong organizational skills.
• Must be detailed oriented.
• Able to operate independently with appropriate judgment.
• Able to meet tight deadlines during quarterly reporting cycles.