Job Overview – Senior Fund Accountant (Real Estate):
Take on a key role with our client as a Senior Fund Accountant (Real Estate) in New York, NY. This in-office position offers the opportunity to manage accounting functions for a real estate fund platform, oversee financial reporting, and ensure compliance with investor and regulatory requirements. You will play a crucial role in fund-level cash reconciliations, financial statement preparation, and investor reporting, contributing to the firm’s continued success in real estate investments.
Compensation: $100,000 – $130,000/year + bonus
Location: New York, NY
Schedule: Monday to Friday (In-Office)
Responsibilities as the Senior Fund Accountant:
- Fund Accounting & Reporting: Maintain fund books, track investment activities, and oversee third-party investor records.
- Cash Management & Reconciliation: Handle daily fund-level cash reconciliations and monitor cash movements across investment vehicles.
- Financial Statements & Reporting: Prepare and review quarterly financial statements, including Balance Sheets and Income Statements.
- Investor & Borrower Relations: Respond to investor requests, manage borrower inquiries, and generate recurring investor reports.
- Audit & Tax Compliance: Support audit processes, review tax returns, and coordinate investor tax filings (K-1s, 1042s).
- Distributions & Fund Structuring: Execute capital flows, analyze income distributions, and ensure accurate waterfall calculations.
Qualifications for the Senior Fund Accountant:
- Education: Bachelor’s degree in Accounting, Finance, or a related field required.
- Experience: 2-6 years in public accounting, a public/private hybrid, or direct private accounting within real estate, private equity, or hedge funds.
- Technical Skills: Proficient in GAAP accounting, financial reporting, and fund reconciliations, with experience in Yardi, Investran, or similar software.
- Industry Knowledge: Deep understanding of real estate fund structures, investor reporting, and distribution waterfalls.
- Skills & Attributes: Detail-oriented, analytical, and highly organized with the ability to manage multiple priorities in a fast-paced environment.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.