The Senior Fund Accountant is a role responsible for the monthly, quarterly, and annual preparation/review of fund investment financials, variance analysis, REIT compliance, IFRS accounting and income allocations. In addition, this position will be involved in the preparation of the annual audit reports, and act as a direct liaison with the fund administrator, auditors, and other related parties. The role will have direct exposure and collaboration with internal groups including, but not limited to, acquisitions, investments, capital markets, and fund management teams.

Responsibilities:

• Perform monthly, quarterly, and annual accounting close processes, including journal entries, reconciliations, and compiling audit-level support for all transactions
• Financial statement preparation, variance analysis, various rollforwards, and first level review to ensure accounts properly reflect each funds financial position in accordance with Limited Partnership Agreements
• Direct collaboration with property and development accounting team members to confirm equity balances throughout the investment structure and confirm timing of payment for construction draws
• Assist with preparation and distribution of financial reporting packages (quarterly and annually) to lenders, investors, and internal team members
• Involvement in the land and asset acquisition process, working directly with our acquisitions, capital markets, and fund management teams
• Review and ensure compliance with accounting policies and procedures, and resolve accounting related issues
• Respond to audit and investor inquiries pertaining to the quarterly and annual reporting package
• Act as the direct liaison with the fund administrator, aiding with quarterly reporting issuance and capital call / distribution notices as needed
• Reconcile individual investor capital balances; respond to investor inquiries
• Focus on continuous improvement of processes and procedures

Qualifications:

• Bachelors degree in accounting or finance required
• 2-4+ years’ experience in fund administration or public accounting preferred
• Experience within real estate or construction accounting preferred
• Background in accounting for various types of entities including private equity funds and REITs a plus
• Proficiency in MS Outlook, Excel, Word
• Excellent interpersonal and organizational skills
• Ability to multi-task and manage shifting priorities in a fast-paced environment
• Attention to detail and high level of accuracy
• Experience with various accounting technology platforms preferred

Posted On: Wednesday, November 22, 2023