Real Estate Fund Accountant, Associate

About the Role

Seeking an Associate Accounting professional to support financial accounting and cash management activities across a real estate investment portfolio. This role offers the opportunity to develop in-depth knowledge of the real estate investment industry while building strong technical accounting and financial management skills.

Key Responsibilities

• Ensure accurate and timely financial information is provided to internal management, internal and external auditors, and external clients.
• Review and maintain quarterly valuation changes and calculate asset management fees and net asset value (NAV).
• Perform reconciliations between custodian bank records and accounting records, review pricing and appraisal adjustments, and support real estate reporting to clients.
• 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.
• 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 appropriate coding and classification of expenses.
• Maintain accurate and up-to-date records in the cash management system.
• Contribute to process improvement initiatives designed to streamline cash management and accounting processes.
• 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.

Requirements & Tech Stack

• Strong Excel and analytical skills.
• Yardi or other real estate accounting systems experience is preferred.
• Strong attention to detail, ownership mindset, and written and verbal communication skills.
• 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.

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 is 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 is preferred.
• Experience with corporate accounting, consolidations, and SOX reporting is a plus.