Senior Accountant

Sharp Key Capital; New York (NY); On-site; USD 50,000 - 65,000; Full time

Job summary

A dynamic real estate private equity firm is looking for an Entry Level Accounting Associate to support its accounting and finance functions. This role involves preparing financial statements, monitoring property management accountants, and tracking fund cash activity. The ideal candidate has 2-5 years of real estate accounting experience, is detail-oriented, and can work independently or as part of a team. This position offers substantial exposure to the real estate industry and opportunities for career growth.

Qualifications

• 2-5 years of experience in real estate accounting preferred.
• Knowledge of real estate investment reporting and related software is a plus.
• Ability to work independently and as part of a team.

Responsibilities

• Prepare quarterly financial statements.
• Monitor 3rd party property management accountants.
• Reconcile daily fund cash activity.
• Conduct monthly bank reconciliations.
• Enter and confirm wire transfers for payments and distributions.
• Accrue and pay property taxes and insurance.
• Correspond with loan servicers for financial reporting.
• Calculate and pay fund management fees.
• Maintain investor allocation spreadsheets.
• Assist with budgeting and forecasting.
• Support annual audits and tax filings.

Skills

Detail-oriented

Process management

Independent work

Team collaboration

Education

2-5 years of real estate accounting experience

Job description

Job Purpose

Sharp Key Capital LLC is a dynamic and growing real estate private equity firm focused primarily on multifamily assets. We are seeking an Accounting Associate to support our accounting and finance function. This role offers significant exposure to the real estate industry and an opportunity to build a long-term career with a collaborative and entrepreneurial team.

Responsibilities

• Assist with the preparation of quarterly financial statements and monthly and weekly reports
• Monitor and review 3rd party property management accountants including review of monthly accounting packages
• Track and reconcile daily fund cash activity
• Monthly bank reconciliations including follow up and investigation of reconciling items
• Enter and confirm wire transfers for payment of invoices, property closings, and investor distributions
• Accruals and payment of property taxes and insurance
• Correspond with loan servicers and provide necessary financial reporting to lenders
• Calculation and payment of fund management fees
• Maintain investor allocation spreadsheets and prepare capital call and distributions
• Preparation and review of quarterly investor statements and other ad hoc investor reporting
• Assist with budgeting and forecasting for fund-level operations
• Assist with the annual audit and tax filing process

Qualifications

• Managing processes, thoroughness, and detail-oriented
• Real estate accounting background (2-5 years preferred). Knowledge of real estate investment reporting and software experience is a plus.
• Self-starter with the ability to work independently and in a team environment

Seniority Level

Entry level

Employment Type

Full-time

Job Function

Accounting/Auditing and Finance

Industries

Investment Management