Senior Fund Accountant - Real Estate & Investor Reporting

Foundry Commercial; Atlanta (GA); On-site; USD 90,000 - 120,000; Full time

Job summary

Foundry Commercial seeks an experienced Senior Fund Accountant to lead financial reporting and fund operations across multiple real estate investment funds. You will prepare consolidated financial statements, investor reporting, and liaise with fund administrators, lenders, and auditors.

The role emphasizes waterfall calculations, capital activity, and quarterly reporting, with focus on accuracy, process improvement, and use of AI tools to streamline workflows.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• CPA license preferred.
• 5+ years of experience in fund accounting.
• Experience with financial reporting, consolidations, and waterfall models.
• Knowledge of open-end and closed-end fund structures.
• Experience with Yardi, Bill.com, and working fund administrators preferred.
• High attention to detail and accuracy.
• Focus on understanding and improving existing processes through structure/technology implementation.
• Strong organizational skills and ability to manage multiple priorities and deadlines.
• Proficiency in Excel and financial reporting tools.

Responsibilities

• Prepare and review multi-tiered waterfall calculations against fund governing documents.
• Oversee fund administrator preparation of capital call and distribution calculations and notices.
• Reconcile capital activity calculations to investor notices and investor portal CRM.
• Monitor and review property draw/distribution activity templates and wire preparations.
• Aggregate property-level financials and transaction support for fund administrator to produce quarterly books and records.
• Review P&L allocations to ensure accuracy of fair value adjustments, investment activity, and capital movements.
• Perform consolidation of multiple entities across complex ownership structures.
• Lead preparation and review of face financial statements and footnote disclosures, including IRRs and expense ratios.
• Coordinate with external auditors for interim and year-end testing.
• Compile financial statement support for borrower and guarantor reporting.
• Prepare compliance certificates and calculate covenant tests (DSCR, liquidity, net worth).
• Maintain loan covenant log and real estate schedule to track debt and equity capitalization.
• Act as primary contact with investors on accounting and performance-related matters.
• Ensure timely recording of subscriptions and transfers in accordance with transaction agreements.
• Provide financial accounting information to Foundry Investment Management team to support preparation of quarterly investor materials.
• Review quarterly investor materials for internal consistency and accuracy.

Skills

Waterfall modeling

Financial reporting

Consolidations

Investor reporting

Excel proficiency

Fund structures

Process improvement

Organizational skills

Attention to detail

Investor communications

Education

Bachelor's degree in Accounting/Finance

CPA license preferred

Tools

Yardi

Bill.com

CRM systems

Job description

Foundry Commercial seeks an experienced Senior Fund Accountant to lead financial reporting and fund operations across multiple real estate investment funds. You will prepare consolidated financial statements, investor reporting, and liaise with fund administrators, lenders, and auditors.

The role emphasizes waterfall calculations, capital activity, and quarterly reporting, with focus on accuracy, process improvement, and use of AI tools to streamline workflows.