Fund Accountant

Fund Accountant

The Fund Accountant is primarily responsible for day-to-day accounting functions related to fund reporting, with a strong understanding of fund and property management documents and reporting requirements, to ensure the production of meaningful and accurate financial reports for investors and lenders. Joining a team of 4-5 Fund Accountants and an additional 5-7 team members.

Responsibilities include:

• Responsible for the month-end-close process of your respective funds, including but not limited to: the preparation of the fund's work papers, reconciliation of all Balance Sheet accounts, and ensuring the accuracy of all sub-ledgers.
• Produce accurate and timely financial statements while meeting all lender and reporting deadlines.
• Final review of Accounts Payable invoices to ensure accuracy of account coding.
• Maintain general ledgers and sub-ledgers on an accrual basis reflecting property performance with an ability to report on a fund/lender and market basis.
• Responsible for oversight of fund cash movement to ensure it is in agreement with all lender requirements.
• Assist in the planning and creation of PBC support schedules for annual audits, as well as the timely and accurate completion of audit requests.
• Provide necessary information to Asset Management to assist in Investor Reporting and fund decision-making.
• Assist in the preparation of various financial ad hoc requests.
• Assist in software implementation, support, and testing.
• Maintain general ledgers and sub-ledgers on a cash and accrual basis reflecting property performance with an ability to report on a fund/lender and market basis, and ensure accurate and timely delivery of financial statements and deliverables.
• Responsible for oversight of fund cash movement and invoice approval
• Work with the team to create standardized work papers for the month-end close, including accurate supporting schedules for GAAP/IFRS reporting.
• Provide necessary information to Investor Relations to assist in Investor Reporting and fund decision-making.
• Other duties, as assigned by the supervisor or leadership team.

Key metrics include:

• Investor reports issued by the required fund deadlines
• Lender reports issues by the required lender deadlines
• Monthly close by the 5th of the subsequent month