Senior Fund Accountant
AccruePartnersabout 1 month ago
Charlotte, NC, United States
Hybrid
Full-time
Junior Level (1-3 years)
Job Description
THE TEAM YOU WILL BE JOINING
- Growing investment organization with a sophisticated real estate investment platform
- Collaborative Fund Finance team supporting investment activity across funds, joint ventures, and special purpose entities
- Opportunity to work closely with finance leadership, investment teams, external partners, auditors, tax advisors, and investors
- Environment that values strong technical accounting, attention to detail, ownership, and continuous process improvement
- Highly visible role with exposure across fund operations, reporting, investment activity, and investor-related processes
- Reports directly to the Director of Fund Finance
WHAT THEY OFFER YOU
- Opportunity to join a growing investment platform and develop deeper expertise within real estate fund accounting
- Broad exposure across fund operations, financial reporting, investor activity, valuations, and investment structures
- Ability to work across multiple entities including funds, joint ventures, middle-tier entities, and SPEs
- Hands-on involvement in capital calls, distributions, management fees, investment funding, and cash activity
- Exposure to quarterly valuation processes and fund/deal setup and structuring
- Opportunity to partner with both internal stakeholders and external auditors, tax consultants, investors, and JV partners
- Strong platform for an accountant seeking to build long-term expertise in fund finance and investment accounting
WHAT YOU WILL DO
- Review wire transfers, related journal entries, and transaction activity
- Prepare and review allocations, supporting documentation, and journal entries across investment funds
- Support expense payments, investment funding, and distributions
- Prepare investor capital calls, distributions, and management fee calculations, along with related notices and wires
- Coordinate and track intercompany transactions
- Reconcile fund, middle-tier, joint venture, and SPE investment and equity accounts
- Maintain historical and forecasted cash tracking schedules
- Coordinate expense reimbursements with joint venture partners
- Assist with the quarterly valuation process
- Participate in fund and deal setup and structuring
- Prepare monthly and quarterly workpapers supporting fund activity
- Assist with quarterly financial statement preparation, including footnotes, under U.S. GAAP and Investment Company accounting
- Prepare quarterly investor statements and respond to investor-related requests
- Support external audit inquiries and provide documentation as required
- Coordinate information for external tax consultants and review relevant tax reporting
- Support internal analysis and ad hoc requests across the organization
BACKGROUND PROFILE
- 3-5 years of progressive accounting experience
- Real estate fund accounting experience is strongly preferred
- Public accounting experience supporting financial services or investment-related clients is also highly relevant
- Bachelor’s degree in Accounting, Finance, or a related discipline
- CPA or progress toward CPA accreditation is preferred
- Experience preparing or supporting financial statements under U.S. GAAP and/or IFRS
- Strong general ledger and account reconciliation experience
- Advanced Excel skills and overall proficiency with Microsoft Office
- Demonstrated ability to identify and implement process improvements
- Strong attention to detail with the ability to both prepare work and critically review completed work product
- Ability to manage competing priorities while collaborating effectively across a team
- Strong communication and interpersonal skills
Required Skills
U.S. GAAP
Process improvement
Microsoft Excel
Account reconciliation
Financial statement preparation
Capital calls and distributions
Public accounting
Communication
Real estate fund accounting