Senior Real Estate Fund Accountant — Hybrid

Petra Funds Group; New York (NY); Hybrid; USD 102,000 - 153,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

HSA employer contributions

401(k) match

Flexible paid time off

Hybrid work environment

Job summary

Petra Funds Group is a leading real estate fund administrator seeking a Senior Fund Accountant to manage property-level accounting across a national portfolio. You will review and reconcile financial statements, coordinate with managers and a fund administrator, and help drive accuracy in fund-level reporting for joint ventures.

The role reports to the Fund CFO and involves collaboration with asset management and property management teams.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 3–6 years of accounting experience in real estate (affordable, multifamily, or mixed-income preferred).
• Familiarity with GAAP and property-level financial statements.
• Experience with third-party property managers and joint venture partners preferred.
• Experience with Yardi, MRI, and comparable accounting systems preferred.
• Familiarity with NCREIF guidelines and performance return calculations desired.
• Strong organizational and time-management skills.
• Clear and professional communication style.

Responsibilities

• Review property-level financial statements and compare with fund-level reports.
• Coordinate with third-party administrator and JV partners to ensure accuracy.
• Support automation and data quality through technology tools.
• Prepare and review monthly and quarterly financial statements for assets held in joint ventures.
• Review journal entries, accruals, and adjustments for GAAP compliance.
• Track cash flows, reserves, and distributions for property-level entities.
• Assist in fund-level reporting and investor deliverables.

Skills

Attention to detail

Time management

Cross-functional collaboration

Communication

Education

Bachelor’s degree in Accounting or Finance

Tools

Power BI

Power Query

Alteryx

Yardi

MRI

Job description

Petra Funds Group is a leading real estate fund administrator seeking a Senior Fund Accountant to manage property-level accounting across a national portfolio. You will review and reconcile financial statements, coordinate with managers and a fund administrator, and help drive accuracy in fund-level reporting for joint ventures.

The role reports to the Fund CFO and involves collaboration with asset management and property management teams.