Fund Accounting Manager - Private Equity & Real Estate

The Third Group; St. Louis (MO); On-site; USD 77,000 - 104,000; Full time

Job summary

The Third Group is seeking a Fund Accounting Manager to oversee the full accounting cycle for multiple PE and real estate fund vehicles, including capital calls, distributions, investor allocations, and financial statement preparation. This role requires strong technical fund accounting knowledge and the ability to manage complex, multi-entity structures.

You will coordinate with fund administrators, auditors, and tax preparers, mentor accounting staff, and drive process improvements.

Qualifications

• Bachelor's degree in Accounting or Finance required; CPA strongly preferred.
• 4-7+ years of progressive fund accounting experience in private equity/real estate.
• Strong understanding of partnership accounting, waterfall calculations, and capital account maintenance.
• Experience with fund administrators and multi-entity/multi-fund structures.
• Knowledge of GAAP as it relates to investment companies and real estate.
• Proficiency in fund accounting software (Investran, eFront, Yardi or similar).
• Advanced Microsoft Excel skills.
• Strong leadership, organizational, and communication skills.

Responsibilities

• Oversee fund-level accounting for multiple private equity/real estate fund entities.
• Manage capital calls, distributions, investor allocations, and waterfall calculations.
• Prepare and review quarterly and annual financial statements with footnotes (GAAP).
• Calculate management fees, carried interest, and fund expenses.
• Oversee investor reporting and inquiries.
• Coordinate with fund administrators, auditors, and tax preparers.
• Support audits and K-1 preparation for investors.
• Oversee accounting for underlying investments and portfolio companies.
• Monitor compliance with partnership/LLC agreements and covenants.
• Assist with fund formation, closings, and structuring of new vehicles.
• Mentor and develop fund accounting staff; implement process improvements.
• Support ad hoc analysis for fund principals and senior leadership.

Skills

Fund accounting

Leadership

GAAP expertise

Excel

Communication

Multi-entity structures

Education

Bachelor's degree in Accounting or Finance

CPA preferred

Tools

Investran

eFront

Yardi Investment Management

Job description

The Third Group is seeking a Fund Accounting Manager to oversee the full accounting cycle for multiple PE and real estate fund vehicles, including capital calls, distributions, investor allocations, and financial statement preparation. This role requires strong technical fund accounting knowledge and the ability to manage complex, multi-entity structures.

You will coordinate with fund administrators, auditors, and tax preparers, mentor accounting staff, and drive process improvements.