Fund Accountant

Accrue Partners; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

AccruePartners seeks a Fund Accountant to join our Fund Finance team in Charlotte, NC. You will review wire transfers, prepare allocations, support fund activity, and assist with quarterly valuations under U.S. GAAP.

You will interact with finance leadership, investment teams, auditors, tax advisors, and investors while building deep expertise across funds, joint ventures, SPEs, and investment structures.

Qualifications

• 3-5 years of progressive accounting experience.
• Real estate fund accounting experience preferred.
• Public accounting experience in financial services or investment clients is relevant.
• Bachelor's degree in Accounting or Finance.
• CPA or progress toward CPA preferred.
• Strong understanding of U.S. GAAP and financial statement prep.
• Experience with U.S. GAAP and/or IFRS is helpful.
• Strong GL and account reconciliation experience.
• Advanced Excel and MS Office proficiency.
• Yardi experience is a plus.
• Ability to identify and implement process improvements.
• Strong attention to detail and accuracy.
• Ability to manage competing priorities while collaborating.

Responsibilities

• Review wire transfers, related journal entries, and transaction activity.
• Prepare and review allocations, supporting documentation, and journal entries across investment funds.
• Support expense payments, investment funding, and distributions.
• Prepare investor capital calls, distributions, and management fee calculations, with notices and wires.
• Coordinate and track intercompany transactions.
• Reconcile fund, middle-tier, joint venture, and SPE investment and equity accounts.
• Maintain historical and forecasted cash tracking schedules.
• Coordinate expense reimbursements with joint venture partners.
• Assist with quarterly valuation processes.
• Participate in fund and deal setup and structuring.
• Prepare monthly and quarterly workpapers supporting fund activity.
• Assist with quarterly financial statement preparation under U.S. GAAP.
• Prepare quarterly investor statements and respond to investor-related requests.
• Support external audit inquiries and provide documentation as required.
• Coordinate information for external tax consultants and review tax reporting.

Skills

Accounting

U.S. GAAP

CPA (preferred)

Excel proficiency

Attention to detail

Communication skills

Education

Bachelor's degree in Accounting/Finance

Tools

Yardi

Microsoft Office

Job description

THE TEAM YOU WILL BE JOINING

• Growing investment organization with a sophisticated real estate investment platform

• Collaborative Fund Finance team supporting investment activity across funds, joint ventures, and special purpose entities

• Opportunity to work closely with finance leadership, investment teams, external partners, auditors, tax advisors, and investors

• Environment that values strong technical accounting, attention to detail, ownership, and continuous process improvement

• Highly visible role with exposure across fund operations, reporting, investment activity, and investor-related processes

• Reports directly to the Director of Fund Finance

WHAT THEY OFFER YOU

• Opportunity to join a growing investment platform and develop deeper expertise within real estate fund accounting

• Broad exposure across fund operations, financial reporting, investor activity, valuations, and investment structures

• Ability to work across multiple entities including funds, joint ventures, middle-tier entities, and SPEs

• Hands-on involvement in capital calls, distributions, management fees, investment funding, and cash activity

• Exposure to quarterly valuation processes and fund/deal setup and structuring

• Opportunity to partner with both internal stakeholders and external auditors, tax consultants, investors, and JV partners

• Strong platform for an accountant seeking to build long-term expertise in fund finance and investment accounting

WHAT YOU WILL DO

• Review wire transfers, related journal entries, and transaction activity

• Prepare and review allocations, supporting documentation, and journal entries across investment funds

• Support expense payments, investment funding, and distributions

• Prepare investor capital calls, distributions, and management fee calculations, along with related notices and wires

• Coordinate and track intercompany transactions

• Reconcile fund, middle-tier, joint venture, and SPE investment and equity accounts

• Maintain historical and forecasted cash tracking schedules

• Coordinate expense reimbursements with joint venture partners

• Assist with the quarterly valuation process

• Participate in fund and deal setup and structuring

• Prepare monthly and quarterly workpapers supporting fund activity

• Assist with quarterly financial statement preparation, including footnotes, under U.S. GAAP and Investment Company accounting

• Prepare quarterly investor statements and respond to investor-related requests

• Support external audit inquiries and provide documentation as required

• Coordinate information for external tax consultants and review relevant tax reporting

• Support internal analysis and ad hoc requests across the organization

BACKGROUND PROFILE

• 3-5 years of progressive accounting experience

• Real estate fund accounting experience is strongly preferred

• Public accounting experience supporting financial services or investment-related clients is also highly relevant

• Bachelor's degree in Accounting, Finance, or a related discipline

• CPA or progress toward CPA accreditation is preferred

• Strong understanding of U.S. GAAP and financial statement preparation

• Experience preparing or supporting financial statements under U.S. GAAP and/or IFRS

• Strong general ledger and account reconciliation experience

• Advanced Excel skills and overall proficiency with Microsoft Office

• Experience with Yardi is a plus

• Demonstrated ability to identify and implement process improvements

• Strong attention to detail with the ability to both prepare work and critically review completed work product

• Ability to manage competing priorities while collaborating effectively across a team

• Strong communication and interpersonal skills