Director of Fund Accounting

WhiteCap Workforce Solutions; Florida; On-site; USD 120,000 - 170,000; Full time

Job summary

Whitecap Search seeks an experienced accounting leader to oversee the financial reporting for a diverse portfolio of real estate private equity funds. The role focuses on fund accounting, U.S. GAAP compliance, and coordinated reporting to investors and partners.

The candidate will manage fund closes, investor statements, waterfalls, distributions, and audits, collaborating with external auditors, tax advisors, and third-party fund administrators. Strong Excel and systems experience is required.

Qualifications

• Bachelor's degree in Accounting or Finance; CPA strongly preferred.
• 8-12 years of progressive accounting experience within real estate private equity, private equity, real estate investment management, or alternative asset management.
• Strong knowledge of fund accounting, partnership accounting, and complex ownership structures.
• Experience managing closed-end real estate funds and institutional investment vehicles.
• Thorough understanding of U.S. GAAP and financial reporting requirements.
• Experience overseeing external audits and coordinating with tax advisors.
• Knowledge of capital calls, investor allocations, waterfalls, carried interest, and fund performance reporting.
• Advanced proficiency in Microsoft Excel and fund accounting platforms such as Yardi Investment Suite, Investran, MRI, Juniper Square, or similar systems.
• Excellent analytical, organizational, and communication skills.
• Proven ability to manage multiple priorities in a fast-paced investment environment.

Responsibilities

• Manage the accounting and financial reporting for multiple real estate private equity funds, investment vehicles, and related entities.
• Oversee quarterly and annual fund closes, ensuring accurate and timely financial statements in accordance with U.S. GAAP.
• Prepare and review investor reporting packages, including capital account statements, performance reporting, waterfall calculations, and capital activity.
• Manage capital calls, distributions, fund cash management, and liquidity planning.
• Review property-level financial reporting and consolidate results across complex ownership structures.
• Coordinate annual audits with external auditors and oversee the preparation of audited financial statements.
• Manage relationships with third-party fund administrators, property accountants, tax advisors, and valuation specialists.
• Monitor fund compliance with partnership agreements, debt covenants, investor requirements, and regulatory reporting obligations.
• Partner with acquisitions and asset management teams on investment closings, financing transactions, dispositions, and portfolio valuations.
• Support fundraising activities by providing financial data, historical fund performance, and responses to investor due diligence requests.
• Assist executive leadership with budgeting, forecasting, liquidity management, and strategic financial analysis.
• Participate in system implementations and process automation initiatives to improve reporting accuracy and operational efficiency.

Skills

Fund accounting

U.S. GAAP

Investor reporting

Waterfall calculations

Audit coordination

Financial analysis

Cash management

Advanced Excel

Stakeholder communication

Education

Bachelor's degree in Accounting or Finance

CPA preferred

Tools

Yardi Investment Suite

Investran

MRI

Juniper Square

Job description

Key Responsibilities

Whitecap Search is seeking an experienced individual to oversee the accounting and financial reporting for our diverse portfolio of real estate private equity funds. The ideal candidate will possess a strong understanding of fund accounting, U.S. GAAP, and will excel in managing complex financial structures. This role involves collaborating with various teams and external partners to ensure accurate financial reporting and compliance with all regulatory requirements.

Key Responsibilities

• Manage the accounting and financial reporting for multiple real estate private equity funds, investment vehicles, and related entities.
• Oversee quarterly and annual fund closes, ensuring accurate and timely financial statements in accordance with U.S. GAAP.
• Prepare and review investor reporting packages, including capital account statements, performance reporting, waterfall calculations, and capital activity.
• Manage capital calls, distributions, fund cash management, and liquidity planning.
• Review property-level financial reporting and consolidate results across complex ownership structures.
• Coordinate annual audits with external auditors and oversee the preparation of audited financial statements.
• Manage relationships with third-party fund administrators, property accountants, tax advisors, and valuation specialists.
• Monitor fund compliance with partnership agreements, debt covenants, investor requirements, and regulatory reporting obligations.
• Partner with acquisitions and asset management teams on investment closings, financing transactions, dispositions, and portfolio valuations.
• Support fundraising activities by providing financial data, historical fund performance, and responses to investor due diligence requests.
• Assist executive leadership with budgeting, forecasting, liquidity management, and strategic financial analysis.
• Participate in system implementations and process automation initiatives to improve reporting accuracy and operational efficiency.

Qualifications

• Bachelor's degree in Accounting or Finance; CPA strongly preferred.
• 8-12 years of progressive accounting experience within real estate private equity, private equity, real estate investment management, or alternative asset management.
• Strong knowledge of fund accounting, partnership accounting, and complex ownership structures.
• Experience managing closed-end real estate funds and institutional investment vehicles.
• Thorough understanding of U.S. GAAP and financial reporting requirements.
• Experience overseeing external audits and coordinating with tax advisors.
• Knowledge of capital calls, investor allocations, waterfalls, carried interest, and fund performance reporting.
• Advanced proficiency in Microsoft Excel and experience with fund accounting platforms such as Yardi Investment Suite, Investran, MRI, Juniper Square, or similar systems.
• Excellent analytical, organizational, and communication skills.
• Proven ability to manage multiple priorities in a fast-paced investment environment.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.