Fund Accounting Analyst

ABOUT THE ROLE

A growing alternative investment platform is seeking an Analyst or Senior Analyst to join its Fund Accounting team. This role offers exposure across fund accounting, investor reporting, performance analysis, capital activity, audits, and real estate investment operations.

The position provides direct interaction with fund administrators, investors, property managers, and senior leadership while supporting a rapidly expanding platform with long-term growth opportunities.

RESPONSIBILITIES

• Perform fund-level and investment-level reconciliations and tie-outs
• Coordinate with third-party administrators and review books and records
• Review waterfall calculations, investor allocation schedules, and partner capital accounts
• Prepare quarterly financial statements and supporting schedules
• Review annual audited financial statements prepared by fund administrators
• Support investor reporting, due diligence requests, and ad hoc investor inquiries
• Assist with property-level reporting, lender covenant reporting, audits, and onboarding activities
• Calculate investment and investor performance metrics and analyze cash flows
• Facilitate internal and external reporting processes
• Process and monitor fund and property-level expenses
• Coordinate invoice approvals, vendor allocations, and payment activity
• Prepare capital calls, distributions, and supporting reconciliations
• Partner with internal teams and external service providers to ensure timely reporting
• Support interim and year-end fund audits
• Prepare quarterly expense accruals and perform historical expense analysis

QUALIFICATIONS

• 2 - 5 years of experience in fund accounting, public accounting, or investment accounting
• Experience with private funds, alternative investments, real estate funds, or similar investment structures preferred
• Understanding of capital calls, distributions, waterfalls, and investor allocations
• Experience preparing or reviewing financial statements and supporting schedules
• Strong analytical and reconciliation skills
• Ability to work with fund administrators, auditors, investors, and external service providers
• Strong Excel and financial reporting capabilities
• Excellent organizational and communication skills
• Ability to manage multiple deadlines in a fast-paced environment
• Public accounting candidates with financial services, real estate, or alternative investment client exposure are encouraged to apply
• CPA or CPA-track candidates are a plus
• Interest in long-term growth within fund accounting and investment operations preferred

Skills:

Accrual-Basis Accounting, Analysis Skills, Capital Analysis, Cash Flow, Certified Public Accountant (CPA), Communication Skills, Due Diligence, Expense Analysis, Financial Audit, Financial Reporting, Financial Services, Financial Statements, Fund Accounting, Investment Accounting, Investment Analysis, Investment Funds, Investment Services, Leadership, Loans, Microsoft Excel, Onboarding, Organizational Skills, Performance Analysis, Performance Metrics, Private Funding, Property Management, Public Accounting, Real Estate, Reconciliation, Reporting Skills, Time Management

About the Company:

Madison-Davis