Real Estate Fund Accounting Manager — Path to Controller

LeoForce; Grapevine (TX); On-site; USD 100,000 - 120,000; Full time

Job summary

LeoForce in Grapevine, TX is seeking an experienced Fund Accounting Manager / Assistant Controller with a strong background in real estate and investment fund accounting.

The role oversees month-end close, fund-level reporting, GP/LP structures, investor allocations, waterfalls, and capital activity, with growth toward a Controller position. Work with auditors, PPMs, operating agreements, and investor reporting while improving accounting processes.

Qualifications

• 5+ years of accounting experience.
• Real estate fund accounting experience required.
• Fund accounting or fund management understanding.
• GP/LP structures knowledge.
• Experience with waterfalls, capital calls & distributions.
• Familiarity with PPMs and fund governing documents.
• Strong month-end close and financial reporting skills.
• Experience in private equity real estate or related field.

Responsibilities

• Manage month-end, quarter-end, and year-end close processes.
• Perform and review fund-level accounting and financial reporting.
• Manage accounting related to GP and LP structures.
• Prepare and review capital calls and distributions.
• Calculate and review investor allocations and waterfall calculations.
• Maintain accurate accounting records across funds and investment entities.
• Work with PPMs, operating agreements, and other fund documents.
• Assist with investor and management reporting.
• Prepare reconciliations and supporting schedules.
• Coordinate with external auditors, tax providers, fund administrators, and third-party partners.
• Support accounting and reporting for real estate investments and related entities.
• Help improve accounting processes, controls, and reporting as the organization grows.
• Take on increasing ownership of the accounting function with potential to become Controller.

Skills

5+ years accounting experience

Real estate fund accounting

GP/LP structures understanding

Investor allocations & waterfalls

Private equity real estate experience

Independent work ethic

Tools

Excel

Job description

LeoForce in Grapevine, TX is seeking an experienced Fund Accounting Manager / Assistant Controller with a strong background in real estate and investment fund accounting.

The role oversees month-end close, fund-level reporting, GP/LP structures, investor allocations, waterfalls, and capital activity, with growth toward a Controller position. Work with auditors, PPMs, operating agreements, and investor reporting while improving accounting processes.