Senior Fund Accountant - Real Estate

ACCA Careers; Chicago (IL); On-site; USD 60,000 - 105,000; Full time

Benefits offered by this job

Professional accreditations

Flexible holidays incl. birthday day

Mentoring

Social events

Employee Share Plan

Employee Assistance Program

Job summary

Alter Domus is seeking a Senior Fund Accountant / Assistant Fund Manager for our Real Estate Fund Administration team in Chicago. The role involves supervising a team, leading projects, and ensuring accurate financial reporting across real estate portfolios.

The ideal candidate holds a Bachelor’s in accounting, has 2+ years of real estate accounting experience, and is proficient in Excel. Big 4 a plus; CPA desirable; Yardi experience welcome.

Qualifications

• Bachelor’s degree in accounting required.
• Minimum of 2 years real estate accounting and analysis experience.
• Big 4 experience preferred.
• Proficiency in Excel.
• Excellent communication and organization skills.
• Deadline-driven and able to work in a fast-paced team.
• Supervisory experience a plus.
• Yardi software experience a plus.
• CPA desirable.

Responsibilities

• Supervise, mentor, and train a team of Associate and Fund Accountants.
• Lead projects and provide input as needed.
• Respond to auditor queries.
• Interact with property managers and clients.
• Prepare/Review monthly, quarterly, and annual reports including financial data, performance returns, and variance analysis.
• Calculate and review performance returns and compare to benchmarks.
• Review property budgets and assist with fund/account budgets and business plans.
• Determine cash distributions considering objectives and plans.
• Prepare and interpret financial statements and notes for accuracy and compliance.
• Review documents for compliance with IM and JV agreements.

Skills

Excel

Deadline-driven

Communication

Organizational skills

Supervisory experience

Education

Bachelor’s degree in accounting

CPA desirable

Tools

Yardi software

Job description

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning “The Other House” in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions. With a deep understanding of what it takes to succeed in alternatives, we believe in being different in what we do, how we work, and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Senior Fund Accountant / Assistant Fund Manager (Real Estate)

Alter Domus is currently seeking a Senior Fund Accountant / Assistant Fund Manager to join our Fund Administration Real Estate Team in Chicago.

Job Description

• Supervise, mentor, and train a team of Associate and Fund Accountants
• Develop leadership skills by demonstrating a willingness to lead projects and offer input
• Respond to auditor queries
• Communicate and interact with property manager(s) and client(s)
• Prepare/review monthly, quarterly, and annual reports for clients, including financial information, performance returns, property operations, and variance analysis
• Calculate and review various performance returns and provide comparisons to benchmarks
• Review property budgets and help prepare the fund/account’s annual budget and business plan
• Determine appropriate cash distributions considering property objectives and fund/account strategic plans
• Prepare, review, analyze, and interpret accounting records, financial statements, footnotes, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
• Review documents to ensure compliance with IM and JV agreements

Your Profile

• Bachelor’s degree in accounting
• Minimum of 2 years of real estate accounting and analysis experience
• Big 4 experience preferred
• Proficiency in Excel
• Excellent communication and organization skills
• Deadline-driven
• Ability to work efficiently in a fast-paced team environment
• Supervisory experience a plus
• Experience in Yardi software a plus
• CPA desirable

The budgeted salary range for this role is $60,000 - $105,000+ based on level of experience.

What We Offer

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our Global Benefits Also Include

• Support for professional accreditations
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location

Equity In Every Sense Of The Word

We are in the business of equity, in every sense of the word. For us, this means taking action to ensure every colleague has equal opportunity, valuing every voice and experience across our organisation, maintaining an inclusive culture where you can bring your whole self to work, and making Alter Domus a workplace where everyone feels they belong.

We celebrate our differences, and recognise that our success relies on diverse perspectives and experiences, as we work towards shared goals and a common purpose. We take pride in creating a workplace where all our people are empowered to be truly invested in the alternative and bring their whole selves to work.

We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you. Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)