Fund Accountant

Today, corporate bookkeeping and entity-level financials are handled between the partners, the property management platform, and the outside accountants. They need someone who will own the numbers end to end: keeping the parent company current, keeping each property entity clean throughout the year, and running the year-end and K-1 process so it stops being a fire drill. This is a build role. You will inherit a backlog, a set of processes that live partly in people's heads, and the mandate to fix both. Corporate Accounting Maintain the parent company books in QuickBooks on a current, closed-monthly basis — not a quarterly catch-up Code and reconcile all bank and credit card activity across corporate accounts, weekly Manage accounts payable, vendor setup and payment, and expense reimbursement Track intercompany activity between the management company and property entities, including reimbursables, allocated payroll, and fees Produce a monthly close package for the partners: P&L, balance sheet, cash position, and variance commentary Property Entity (PropCo) Accounting Review property-level financials on a monthly or quarterly cadence so errors are caught in-year rather than at year end Reconcile property operating accounts, reserve accounts, and lender-controlled accounts Maintain fixed asset registers and depreciation schedules for each entity, including correct implementation of cost segregation studies and bonus depreciation elections Track capital expenditures against budget and ensure proper capitalization versus expense treatment Coordinate with property management on CAM reconciliations, tenant billings, and operating expense recoveries Maintain debt schedules, interest accruals, and loan covenant compliance calculations Tax and K-1 Production Own the year-end close calendar across all investment entities and drive it to completion Prepare and deliver clean trial balances, supporting schedules, and reconciliations to our outside CPA firm Maintain the investor and partner records required for K-1 production: capital accounts, ownership percentages, admission and transfer dates, contribution and distribution history Track K-1 status entity-by-entity and investor-by-investor; chase the accountants so the partners don't have to Review draft K-1s for accuracy before they go to investors Support state filing requirements and any franchise tax obligations Investor Reporting Prepare the financial sections of quarterly investor reports, including property performance, distributions, and capital account activity Calculate and process investor distributions per the terms of each operating agreement, including preferred return accruals and waterfall tiers Maintain the investor contact and entity records that feed reporting and tax delivery Respond to investor questions on statements, distributions, and tax documents Systems and Process Bring structure to how we document, file, and retain accounting records across entities Support ongoing improvements to our accounting and property management technology stack Build the checklists, calendars, and close procedures that let this function scale as we add deals Required 4+ years of accounting experience, with at least 2 years in commercial real estate, real estate private equity, or a CPA firm serving real estate clients Working knowledge of partnership accounting: capital accounts, contributions and distributions, preferred returns, and promote structures Proficiency in QuickBooks and advanced Excel Direct experience with property-level financial statements and the year-end close process for multiple entities Demonstrated ability to work independently, set your own calendar, and close a period without being asked Preferred Experience supporting K-1 production across a portfolio of investment entities Familiarity with AppFolio, Yardi, or MRI Understanding of cost segregation studies and how they flow through to depreciation schedules and investor tax reporting Exposure to industrial and retail asset classes, including NNN lease structures and CAM reconciliation #J-18808-Ljbffr Dagen