Real Estate Accounting Associate - Private Equity

Sharp Key Capital; New York (NY); On-site; USD 50,000 - 65,000; Full time

Job summary

A dynamic real estate private equity firm is looking for an Entry Level Accounting Associate to support its accounting and finance functions. This role involves preparing financial statements, monitoring property management accountants, and tracking fund cash activity. The ideal candidate has 2-5 years of real estate accounting experience, is detail-oriented, and can work independently or as part of a team. This position offers substantial exposure to the real estate industry and opportunities for career growth.

Qualifications

• 2-5 years of experience in real estate accounting preferred.
• Knowledge of real estate investment reporting and related software is a plus.
• Ability to work independently and as part of a team.

Responsibilities

• Prepare quarterly financial statements.
• Monitor 3rd party property management accountants.
• Reconcile daily fund cash activity.
• Conduct monthly bank reconciliations.
• Enter and confirm wire transfers for payments and distributions.
• Accrue and pay property taxes and insurance.
• Correspond with loan servicers for financial reporting.
• Calculate and pay fund management fees.
• Maintain investor allocation spreadsheets.
• Assist with budgeting and forecasting.
• Support annual audits and tax filings.

Skills

Detail-oriented

Process management

Independent work

Team collaboration

Education

2-5 years of real estate accounting experience

Job description

A dynamic real estate private equity firm is looking for an Entry Level Accounting Associate to support its accounting and finance functions. This role involves preparing financial statements, monitoring property management accountants, and tracking fund cash activity. The ideal candidate has 2-5 years of real estate accounting experience, is detail-oriented, and can work independently or as part of a team. This position offers substantial exposure to the real estate industry and opportunities for career growth.