Fund Accounting Manager
Rapidly growing commercial real estate owner/operator is seeking a Fund Accounting Manager to handle fund-level financial and investor reporting. This is a hybrid role with 2 days in-office and 3 days remote. Potential for growth to Fund Controller!
Responsibilities:
- Responsible for ensuring timeliness and accuracy of financial reporting for a growing industrial portfolio
- Prepare and review monthly and quarterly financial statements
- Provide investor reporting quarterly including financial statements, summaries of assets, net asset value calculations and analytical information.
- Read, interpret, and summarize complex legal documents such as partnership documents and lender agreements.
- Monitor general and limited partner distribution to ensure compliance.
- Review and supervise calculation of asset management and incentive fees.
- Perform due diligence procedures on prospective acquisitions and dispositions including proration calculations and the preparation or review of closing statements.
- Oversee preparation of annual budgets & reforecasts.
- Ensure accuracy of NAV and unit share price calculations
- Responsible for fund-level debt compliance
- Preparation of workpapers for annual audit and tax compliance
- Respond to all investor ad hoc requests timely
Qualifications:
- Bachelor’s Degree in Accounting or related field.
- 4-7 years of private equity fund accounting experience including working with institutional investors. Real estate experience preferred. Public accounting experience a plus.
- CPA a plus
- Proficiency in MS Office Suite; intermediate/advanced Excel skills are required (advanced formulas, pivot tables)
- Experience with Yardi is a plus
- Strong communication skills, both verbal and written
- Strong analytical and problem solving skills
- Organized with the ability to prioritize and meet deadlines
