Senior Associate, Fund Accounting - Real Estate Funds

Coda Search│Staffing; New York (NY); On-site; USD 110,000 - 165,000; Full time

Job summary

Coda Search│Staffing is seeking a Senior Associate, Fund Accounting to oversee accounting and financial reporting for a portfolio of real estate funds, including new vehicles in capital formation.

The role involves owning capital calls, distributions, and cash across funds, applying partnership terms to fund calculations, and coordinating with audit and tax advisors to ensure accurate reporting.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 3-8 years of fund accounting and financial reporting experience with real estate funds.
• Working knowledge of partnership agreements, waterfalls, and investor capital accounts.
• Experience preparing financial statements and managing audits.
• Advanced Excel skills.
• CPA preferred; combination of public accounting and private industry experience.

Responsibilities

• Own accounting and reporting for new investment vehicles as they raise capital.
• Manage capital calls, distributions, and cash across funds.
• Apply the terms of partnership agreements and side letters to fund calculations and allocations.
• Prepare waterfall and management fee calculations and review investor capital accounts.
• Maintain the general ledger and ensure accurate bookings across multiple funds.
• Produce financial statements and quarterly investor reporting.
• Lead the annual audit and work with external tax and audit advisors.
• Partner with investment, legal, investor relations, and corporate teams on new deals and ongoing needs.

Skills

Advanced Excel

Fund accounting

Financial reporting

Education

Bachelor's degree in Accounting, Finance, or related field

CPA certification

Job description

The Senior Associate, Fund Accounting will oversee accounting and financial reporting across a group of real estate funds, including new vehicles in capital formation. This is a high-impact role for someone who enjoys owning fund reporting from start to finish and partnering with teams across the firm.

Key Responsibilities:

• Own accounting and reporting for new investment vehicles as they raise capital
• Manage capital calls, distributions, and cash across funds
• Apply the terms of partnership agreements and side letters to fund calculations and allocations
• Prepare waterfall and management fee calculations and review investor capital accounts
• Maintain the general ledger and ensure accurate bookings across multiple funds
• Produce financial statements and quarterly investor reporting
• Lead the annual audit and work with external tax and audit advisors
• Partner with investment, legal, investor relations, and corporate teams on new deals and ongoing needs

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field
• 3-8 years of fund accounting and financial reporting experience with real estate funds
• Working knowledge of partnership agreements, waterfalls, and investor capital accounts
• Experience preparing financial statements and managing audits
• Advanced Excel skills
• CPA with a combination of public accounting and private industry experience preferred