Property Accountant - Real Estate (U.S. Shift | Work from Home)

Booth and Partners; Makati; Remote; PHP 6,910,000 - 10,678,000; Full time

Job summary

Carmel Partners is seeking a dependable Senior Fund Accountant to support property- and fund-level accounting across multiple real estate private equity funds. This fully remote, outsourced role operates on Pacific Time and starts with property-level reviews and fund-level deliverables, expanding into more complex fund accounting as proficiency grows.

The role emphasizes ownership, proactive communication, and high-quality work in a collaborative environment, with opportunities to broaden

Qualifications

• 6+ years of progressive accounting experience in property accounting, fund accounting, or both (real estate or multi-family preferred).
• Strong working knowledge of US GAAP and ability to research/apply guidance to real estate and fund accounting matters.
• Experience with month-end close, consolidated reporting, and account reconciliations.
• Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP) and Microsoft 365 proficiency.

Responsibilities

• Review property-level financials prepared by third-party property managers for accuracy and consistency with policy.
• Prepare and maintain fund-level accounting records, including journal entries and reconciliations.
• Consolidate underlying entities into fund reporting and perform month-end close for fund-level entities.
• Review and map construction financials into the general ledger; ensure timely delivery of information.
• Support external audits and tax return preparation; maintain documentation standards.

Skills

Intellectual Curiosity

Sound Judgment

Reliability

Ownership

Communication Skills

Adaptability

Education

Bachelor's degree in Accounting or Finance

Tools

Oracle

Yardi Voyager

Job description

About the Client: Carmel Partners is seeking a dependable, detail-oriented Senior Fund Accountant to support both property-level and fund-level accounting across multiple real estate private equity funds. This is a fully remote, outsourced position operating on Pacific Time. The role is initially focused on reviewing property accounting and preparing fund-level accounting deliverables, including journal entries, reconciliations, consolidations, and reporting schedules. As you demonstrate proficiency, you will have opportunities to expand into more complex fund accounting responsibilities. We are looking for someone who takes ownership of their work, communicates proactively, and enjoys solving accounting issues in a collaborative environment. If you are the type of person who catches errors others miss, follows through on commitments, and consistently delivers high-quality work, we'd like to hear from you.

Your Impact

You will serve as a key member of the fund accounting team, helping ensure fund-level and property-level books are accurate, timely, and well-supported. Success in this role means delivering accurate accounting results, effectively reviewing third-party accounting work, proactively identifying issues, and gradually expanding into more complex fund accounting responsibilities.

What Sets You Apart

We are looking for more than technical skills. Successful candidates typically demonstrate:

• Intellectual Curiosity: You seek to understand the business purpose behind accounting activity, not just the mechanics.

• Sound Judgment: You prioritize effectively, elevate appropriately, and make thoughtful decisions when information is incomplete.

• Reliability: You consistently meet deadlines, communicate proactively, and follow through on commitments.

• Ownership: You take responsibility for your work and hold yourself to a high standard of accuracy and quality.

• Communication Skills: You can clearly summarize issues, ask thoughtful questions, and work effectively with internal and external stakeholders.

• Adaptability: You are comfortable working at both the detailed transaction level and the broader fund level.

Core Responsibilities (Initially)

Property & Construction Accounting

• Review operating and development property financials prepared by third-party property managers and internal groups for accuracy, completeness, and consistency with company accounting policies.

• Coordinate with third-party accounting teams to resolve discrepancies and ensure timely delivery of financial information.

• Ensure appropriate adjustments are posted so property-level results roll correctly into consolidated fund financials.

• Review monthly construction financials and map them into the company’s general ledger.

• Review monthly bank reconciliations and accounting schedules prepared by third parties.

Fund Accounting

• Prepare and maintain fund-level accounting records, including journal entries, account reconciliations, and consolidation of underlying operating and development entities, in accordance with established accounting policies and internal controls.

• Prepare and maintain consolidation workbooks, fund-level reporting schedules, and supporting analyses used in management and fund reporting.

• Apply US GAAP principles to fund-level and entity-level accounting activities and identify issues requiring escalation.

• Perform month-end close for fund-level entities and review month-end close deliverables for underlying operating and development entities.

• Independently resolve routine fund accounting, property accounting, and construction accounting matters.

Audit, Tax & Compliance

• Support External Audits: Prepare work papers, respond to auditor inquiries, and clear comments on time.

• Support Tax Return Preparation: Partner with the internal tax team and external CPA firms; ensure supporting schedules are accurate and delivered per agreed timelines.

• Maintain Documentation Standards: Ensure files are organized, well-supported, and readily available for audit and tax requests.

Growth Opportunities Within Position

• Transition into expanded fund-level reporting responsibilities, including consolidated fund reporting packages, capital account schedules, support for investor reporting, and accounting for acquisitions, dispositions, and other complex transactions.

• Partner with internal teams (Fund Management, Asset Management, Investor Relations, Legal) to support reporting, transactions, and other fund-related initiatives.

• Identify process improvements and support special initiatives and cross-functional projects as the role evolves.

What You Bring

Role Requirements

• Education: Bachelor's degree in Accounting or Finance.

• Experience: 6+ years of progressive accounting experience in property accounting, fund accounting, or both (real estate or multi-family preferred).

• Technical Skills:

• Strong working knowledge of US GAAP and the ability to research and apply accounting guidance to real estate and fund accounting matters.

• Demonstrated experience with month-end close, consolidated reporting, account reconciliations, and preparation of supporting schedules.

• Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, complex formulas); proficient in Microsoft 365 (Outlook, Word, Teams).

• Work Environment: Remote work experience with a proven ability to manage your time and output independently in a distributed environment.

• Schedule: Full availability to work US Pacific Time Zone hours.

Strongly Preferred

• Experience with Oracle and/or Yardi Voyager accounting platforms.

• Real estate private equity fund accounting background, including capital account transactions.

• Multi-family residential accounting experience.

• Exposure to construction/development project accounting.