Director of Fund Accounting

Atlas Search; Boston (MA); On-site; USD 338,000 - 413,000; Full time

Job summary

Atlas Search client in real estate private credit seeks a Director of Fund Accounting to lead accounting and reporting for real estate credit investment vehicles. Based in Boston, with regular travel to New York, you will oversee closed-end funds, separate accounts, feeders, and co-investment structures.

Reporting to the Chief Accounting Officer, you will manage monthly, quarterly, and annual close, prepare investor reporting, coordinate audits and tax compliance, and partner with asset

Qualifications

• 8–15 years of progressive accounting/finance experience in real estate credit or private credit fund accounting
• Experience leading teams and coordinating with third-party administrators
• CPA or CPA candidate preferred
• Strong US GAAP knowledge, including disclosures and reporting

Responsibilities

• Lead monthly, quarterly, and annual accounting and financial reporting for real estate credit vehicles under US GAAP
• Manage close calendars and coordinate with internal teams and external providers for deadlines
• Review financial statements, footnotes, consolidations, and journal entries
• Oversee accounting for loan originations, fundings, repayments, and restructurings
• Coordinate annual audits and tax compliance for REIT matters and cross-border investor issues
• Prepare investor reporting and monitor liquidity, capital calls, and distributions
• Mentor accounting staff and supervise administrator performance

Skills

US GAAP expertise

Supervisory experience

Project management

Communication skills

Audit coordination

Education

Bachelor's degree in Accounting/Finance

Tools

Yardi

Workiva

Investments accounting systems

Job description

Our client, a fast-growing real estate private credit platform with offices in Boston and New York, is seeking a Director of Fund Accounting to lead accounting and reporting for its real estate credit investment vehicles. Reporting to the Chief Accounting Officer, this person will oversee closed-end funds, separate accounts, feeders, and co-investment structures, along with the third-party administrator that supports them. The platform recently launched and has more vehicles coming, so the role offers real ownership and visibility. The hiring team sits in Boston, and a Boston-based hire is preferred. A New York-based candidate will be considered if they can travel to Boston regularly.

Job Responsibilities

• Lead monthly, quarterly, and annual accounting, financial reporting, and performance measurement for assigned real estate credit vehicles under US GAAP
• Manage close and reporting calendars, coordinating deliverables and approvals across internal teams and outside providers to meet investor, tax, and compliance deadlines
• Review financial statements, footnotes, consolidations, reconciliations, journal entries, and covenant calculations prepared by in-house staff or the third-party administrator
• Oversee accounting for loan originations, fundings, repayments, amendments, restructurings, subscription line activity, and back leverage arrangements
• Partner with asset management, originations, capital markets, and portfolio management on investment activity, valuation support, borrower updates, and liquidity matters
• Coordinate annual audits, including planning, confirmations, valuation materials, financing support, and PBC documentation
• Coordinate tax compliance and reporting, including REIT matters, blocker and feeder structures, and cross-border investor considerations
• Support lender, side letter, borrowing base, covenant, and regulatory reporting alongside legal and compliance
• Review investor reporting, including capital account statements, capital activity notices, and ILPA templates
• Manage accounting for investor subscriptions, transfers, redemptions, recapitalizations, and ownership changes
• Review fees, expenses, and incentive allocations for consistency with governing documents and side letters
• Monitor cash flow and liquidity, including unfunded commitments, capital calls, distributions, and financing availability
• Prepare and reconcile performance metrics, including time-weighted returns, IRR, equity multiples, yields, and AUM reporting
• Review portfolio-level data supporting valuation, including collateral values, credit metrics, maturities, reserves, and watchlist items
• Maintain fund structures, reporting hierarchies, and data integrity within investment accounting systems
• Research complex US GAAP matters and prepare audit-ready accounting conclusions
• Strengthen accounting policies, internal controls, and service provider expectations
• Supervise, mentor, and develop accounting staff; monitor administrator performance and elevate issues as needed

Job Requirements

• Bachelor's degree in Accounting, Finance, or a related field
• 8 to 15 years of progressive experience in real estate credit or private credit fund accounting, financial reporting, or public accounting, including at least 3 years in a supervisory role
• Real estate credit or real estate debt background required; strong debt fund and technical accounting experience, including disclosures; public company exposure a plus
• CPA or CPA candidate preferred
• Strong command of US GAAP, loan and investment accounting, investor reporting, internal controls, valuation support, and covenant reporting
• Ability to interpret complex loan, financing, servicing, and governing agreements and evaluate the accounting impact
• Experience managing third-party administrators and service providers
• Familiarity with Yardi, Workiva, or comparable investment accounting and loan servicing systems; repurchase facility experience a plus
• Confident, independent operator with strong project management and communication skills, who escalates issues when appropriate
• Willingness to travel between Boston and New York on a recurring basis

The total compensation is up to $375k . Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.