Fund Accountant - Real Estate Funds

Alter Domus; Chicago (IL); On-site; USD 42,000 - 75,000; Full time

Job summary

Join a forward-thinking organization as a Fund Accountant in Chicago, where you will be integral to the management of real estate funds. This role offers you the chance to engage in fund setup, oversee daily operations, and prepare essential financial reports. With a commitment to your professional development, the company provides comprehensive training and support, fostering an inclusive environment that values diverse perspectives. If you're eager to grow in your career and make a significant impact in the alternatives industry, this opportunity is perfect for you.

Benefits

Support for professional accreditations

Flexible arrangements

Generous holidays

Birthday leave

Continuous mentoring

Employee Assistance Program

Employee Share Plan

Qualifications

• Degree level education in Finance, Accounting or Economics required.
• Relevant experience in fund administration or audit considered an asset.

Responsibilities

• Manage day-to-day operations of funds and liaise with third parties.
• Prepare periodic reports and regulatory reports for fund entities.

Skills

Fund Administration

Accounting

Financial Reporting

Client Relationship Management

Knowledge of Securities

Education

Degree in Finance

Degree in Accounting

Degree in Economics

Job description

We are Alter Domus. Meaning “The Other House” in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Find out more about life at Alter Domus at careers.alterdomus.com

Fund Accountant - Real Estate Funds

Alter Domus is currently seeking a new Fund Accountant to join our Real Estate team at our Chicago, IL office!

JOB DESCRIPTION:

1. Taking an active part in the initial setup of any new funds take-on and liaising with independent tax specialists, lawyers, and notaries as part of the set up process.
2. Taking care of the day-to-day operations of the funds and following up with third parties, including investors and fund managers.
3. Handling the fund accounts and preparation of periodic reports and regulatory reports for the fund entities.
4. Preparing the funds’ periodic Net Asset Value calculation and year-end financial statements, management of the audit, and reviewing other fund related reports.
5. Reviewing tax returns and tax balances and maintaining relevant contacts with the tax authorities.
6. Accurately record all time spent dealing with client matters to ensure the clients are correctly invoiced.
7. Pro-actively take on additional responsibilities and administrational tasks as required by your managers or clients.

YOUR PROFILE:

1. You are degree level educated in a relevant area such as Finance, Accounting or Economics.
2. You may have some existing relevant experience in the fields of fund administration, audit or fiduciary services.
3. You have knowledge of the fund industry, valuation, and accounting.
4. A basic knowledge in accounting for investment products, experience of closed ended funds in the real estate private equity or debt space will be considered as an asset.
5. You have necessary understanding of securities commonly encountered in the fund industry, including equities, bonds, contract for difference, options, and futures, and the ability to account for these securities.
6. You possess team spirit, a capacity to build strong client relationships and take initiative to act without waiting for direction (when appropriate).

The budgeted salary range for this role is $42,500 - $75,000+ based on level of experience.

WHAT WE OFFER

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our global benefits also include:

• Support for professional accreditations such as ACCA and study leave.
• Flexible arrangements, generous holidays, birthday leave.
• Continuous mentoring along your career progression.
• Active sports, events and social committees across our offices.
• Support with mental, physical, emotional and financial support 24/7 from our Employee Assistance Program.
• The opportunity to invest in our growth and success through our Employee Share Plan.

Equity in every sense of the word

We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.

We celebrate our differences, and understand that our success relies on diverse perspectives and experiences, working towards shared goals and a common purpose. Thanks to the work of our Group DE&I Committee and network of DE&I Champions, we empower all of our people to be truly invested in the alternative.

We are committed to ensuring an inclusive recruiting and onboarding process. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.