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

Birthday day off

Mentoring

Employee share plan

EAP support

Job summary

Alter Domus is seeking a Senior Fund Accountant / Assistant Fund Manager to join our Real Estate Fund Administration team in Chicago. You will supervise a team, respond to auditors, and manage client reporting and budgets.

The role requires a Bachelor’s in accounting, 2+ years RE accounting, and strong Excel proficiency with potential CPA interest. Yardi experience is a plus, and Big 4 exposure is preferred.

Qualifications

• Bachelor’s degree in accounting required.
• 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.

Responsibilities

• Supervise, mentor, and train a team of Associate and Fund Accountants.
• Develop leadership skills by leading projects and offering input.
• Respond to auditor queries.
• Communicate with property managers and clients.
• Prepare/review monthly, quarterly, and annual reports for clients.
• Calculate and review performance returns and compare to benchmarks.
• Review budgets and assist with annual budget and business plan.
• Determine cash distributions aligned with objectives and plans.
• Review accounting records and reports for accuracy and conformance to standards.
• Review documents for compliance with IM and JV agreements.

Skills

Leadership

Communication

Deadline-driven

Team-oriented

CPA desirable

Education

Bachelor's degree in accounting

Tools

Excel

Yardi

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.

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 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/)