Real Estate Fund Accountant, Associate

Responsibilities: Ensure accurate and timely financial information is provided to internal management, internal and external auditors, and external clients, as appropriate. Review and maintain quarterly valuation changes and calculate asset management fees and net asset value (NAV), as applicable. Perform reconciliations between custodian bank records and accounting records, review pricing and appraisal adjustments, support real estate reporting to clients, and serve as a primary point of contact for assigned audits. Address and respond to financial requests from Real Estate Officers related to investment performance, fund financial statements, and other portfolio matters. Review capital call and distribution calculations, sources and uses, allocations, and investor notices. Maintain and enhance accounting procedures and internal control processes to support accurate and efficient financial reporting. Support cash management and accounts payable activities, including payment processing, expense coding and classification, and maintenance of accurate cash management records. Collaborate with the accounting team to ensure the appropriate coding and classification of expenses. Maintain accurate and up-to-date records in the cash management system, including vendor information, invoice details, and payment status. Contribute to process improvement initiatives designed to streamline cash management and accounting processes and enhance efficiency, accuracy, and controls. Stay current on industry best practices, regulatory developments, and changes in accounting standards relevant to real estate investment accounting and cash management. Perform additional projects and financial analyses as requested by senior management.

Qualifications: Undergraduate degree in Accounting, Finance, or a related field.0–3 years of experience in accounting, fund accounting, public accounting, real estate, private equity, or investment management preferred. Experience with fund-level accounting, historical cost/GAAP accounting, statutory accounting, and tax reporting is a plus. Knowledge of cash management and accounts payable processes preferred. Experience with corporate accounting, consolidations, and SOX reporting is a plus. Strong Excel and analytical skills; experience with Yardi or other real estate accounting systems preferred. Strong attention to detail, ownership mindset, and written and verbal communication skills, with the ability to manage multiple priorities and deadlines. Ability to evaluate, document, and implement best-in-class policies, procedures, and process improvements. Ability to work collaboratively across accounting, investment, and operational teams.

Salary Range: $76,000-$106,000 Overtime eligible: Exempt