Fund Accountant Job Description Template
Our company is looking for a Fund Accountant to join our team.
Responsibilities:
- Daily reconciliation of cash accounts;
- Follow Bridge policies and procedures and comply with state and federal laws;
- Interact with investment managers to resolve questions and reconciliation of differences;
- Daily/Monthly/Quarterly reconciliation of investment positions and fair market values;
- Provide year-end audit coordination services;
- Generate quarterly financial statements, accompanying notes, and supporting schedules;
- Special projects and other responsibilities as assigned;
- Coordinating with funds independent auditors, custodians, prime brokers and fund administrators;
- Determining and preparing distributions and draw-downs;
- Estimating and posting of monthly closing accruals;
- Analyzing and calculating of performance metrics for partnerships/accounts as well as for each investment;
- Performing other tasks as required;
- Responsible for preparation of quarterly analytics for Investor reports;
- Calculates waterfalls and prepares Investor Capital Calls and Distributions;
- Provides ad hoc analysis, reporting, and special projects, as needed.
Requirements:
- Understanding of and experience in consolidation and fund accounting concepts and principles;
- Ability to prioritize, work in a fast-paced, multi-faceted environment, multi-task, and be a team player;
- Understanding of GAAP and tax accounting relating to residential real estate properties;
- Bachelor’s or Master’s degree in accounting, CPA a plus;
- Strong knowledge of the mechanics of financial instruments;
- Real Estate experience a plus;
- Exceptional organizational skills;
- Yardi Voyager experience preferred, but not required;
- 1-4 Years of Fund Accounting Experience;
- Strong desire to improve processes and provide better property accounting services;
- Prioritization and time management skills;
- Quick learner with a positive attitude, able to work efficiently under pressure while meeting deadlines;
- Strong analytical skills and attention to detail;
- Knowledge of hedge funds;
- Excellent people skills, with a service-minded, willing-to-help, and proactive attitude.