Fund Accounting Associate

The Skills Coalition; Charlotte (NC); On-site; USD 65,000 - 90,000; Full time

Job summary

The Skills Coalition in Charlotte, NC seeks a Fund Accounting Associate to support financial reporting for private equity real estate funds. You will work with the Manager of Fund Accounting, Senior Director of Accounting, CFO, and leadership to deliver high-quality statements and data for investors.

You will coordinate with third-party fund administrators, auditors, and tax consultants, ensuring timely close processes, accurate accounting, and strong internal controls.

Qualifications

• Bachelor's degree in accounting or business required.
• Master’s degree or CPA is a plus.
• 2+ years of experience in a public or private mix.

Responsibilities

• Prepare and review fund-level quarterly financial statements in line with GAAP and ILPA guidelines.
• Coordinate monthly close procedures with external fund administrator and accounting team.
• Review workpapers, fee calculations, waterfalls, and investor statements.
• Review secured debt quarterly compliance reports and facilitate annual audits.
• Maintain policies and procedures around financial reporting and internal controls.

Skills

Analytical thinking

Attention to detail

Organizational skills

Independent judgment

Education

Bachelor's degree in accounting or business

Master’s degree or CPA

Tools

Excel

Word

PowerPoint

Yardi

Workiva

Job description

Charlotte, United States | Posted on 16/08/2024

Weare seeking a highly motivated Fund Accounting Associate to join our client'steam. In this critical role, you will work closely with the Manager of FundAccounting, Senior Director of Accounting, Chief Financial Officer, and thebroader leadership team to execute the financial reporting and operations ofprivate equity real estate investment funds. You will also collaborate withthird-party fund administrators, external auditors, and tax consultants todeliver high-quality financial reporting to investors.

KeyResponsibilities

• Prepareand review fund-level quarterly financial statements, ensuring compliance withGAAP, ILPA guidelines, and industry standards.
• Coordinatemonthly close procedures within a defined timeframe, in collaboration with thethird-party fund administrator and investment accounting team.
• Reviewworkpapers, fee calculations, waterfalls, and investor statements.
• Reviewsecured debt quarterly compliance reports.
• Facilitateannual audits of various investment vehicles.
• Maintainand document policies and procedures around financial reporting, internalcontrols, and other accounting processes.
• Workclosely with the external tax team on information requests, data analysis,registrations, filings, and return reviews.
• ManageREIT compliance and serve as a liaison between asset managers and tax consultants.
• Maintainquarterly variance reporting at the fund level.
• Provideacquisition and transaction support for the Investments team.

Requirements

• Stronganalytical and technical accounting skills.
• Proficiencyin Excel, Word, and PowerPoint.
• Experiencewith Yardi and/or Workiva is a big plus.
• Workingknowledge of GAAP and fair value accounting principles.
• Strongwork ethic, self-motivated, and capable of making effective independentjudgments.
• Acuteattention to detail and a passion for quality.
• Excellentorganizational and process management skills to handle multiple priorities.
• Abilityto meet critical deadlines and work independently.
• Provenability to maintain confidentiality and work collaboratively in a teamenvironment.
• Experiencein commercial real estate and/or fund accounting is a plus.
• Eagernessto collaborate with a small internal team and external third-party vendors.

Qualifications

• Bachelor'sdegree in accounting or a business-related field.
• Master’sdegree or CPA is a plus.
• 2+years of experience in a public or private mix.

Requirements

• Stronganalytical and technical accounting skills.
• Proficiencyin Excel, Word, and PowerPoint.
• Experiencewith Yardi and/or Workiva is a big plus.
• Workingknowledge of GAAP and fair value accounting principles.
• Strongwork ethic, self-motivated, and capable of making effective independentjudgments.
• Acuteattention to detail and a passion for quality.
• Excellentorganizational and process management skills to handle multiple priorities.
• Abilityto meet critical deadlines and work independently.
• Provenability to maintain confidentiality and work collaboratively in a teamenvironment.
• Experiencein commercial real estate and/or fund accounting is a plus.
• Eagernessto collaborate with a small internal team and external third-party vendors.

Qualifications

• Bachelor'sdegree in accounting or a business-related field.
• Master’sdegree or CPA is a plus.
• 2+years of experience in a public or private mix.