Real Estate Fund Accountant

Overview

The organization is seeking a hands-on, experienced Accountant to support accounting, finance, and reporting for its real estate fund. The fund acquires multifamily properties in cities across the country, with 50% of units dedicated to workforce housing and 50% serving as permanent supportive housing for veterans experiencing homelessness.

This role reports directly to the Director of Finance and offers an opportunity for an impact-driven professional to take on increasing levels of responsibility.

Responsibilities

• Review monthly property financial statements prepared by third-party property managers to ensure accuracy.
• Create and maintain work papers for each property.
• Propose journal entries when needed and investigate accounting questions and errors.
• Prepare initial journal entries and reconciliations for new properties.
• Format monthly financial data and upload it to Yardi Breeze.
• Update the Operations report monthly.
• Analyze budgets and upload them to Yardi Breeze.
• Provide accounting support to the team and assist with the audit process for the fund and its properties.
• Assist with banking transfers and wires as needed.
• Assist with investor deck reporting as needed.
• Assist with online payments for certain invoices as needed.
• Prepare ad hoc reports as needed.
• Work closely with third-party tax and audit service providers to collect information, answer questions, and support the timely completion of tax returns and the annual audit.
• Assist with the quarterly asset valuation process in coordination with third-party service providers.

Requirements

• Bachelor's degree in accounting, finance, or a related field.
• 5+ years of related accounting and financial operational experience; multifamily real estate experience preferred.
• At least three years of accounting and finance experience, including specific experience in real estate.
• Strong Excel skills.
• Familiarity with property management software systems; experience with Yardi is a plus.
• Strong knowledge of standard accounting concepts, practices, and procedures within the real estate industry.
• Familiarity with fund and partnership accounting.
• Ability to deliver accurate results and reports within deadlines.
• Ability to communicate clearly and effectively with internal and external constituents.
• Ability to assess, analyze, and improve accounting systems.
• Effective interpersonal skills, including the ability to work across functional lines in a fast-paced company.
• Shared passion for the organization’s social-impact mission.

Preferred Qualifications

• Experience with property management accounting.
• Experience with fund accounting.
• Multifamily real estate experience.
• Experience with Yardi.

Compensation & Benefits

• Target salary of $85,000.
• Comprehensive health benefits, including medical, dental, and vision coverage.
• 17 days of paid time off plus 10 holidays, including a full week off between Christmas and New Year's Day.
• 401(k) retirement plan with company match.
• Professional development opportunities.

Equal Opportunity

The employer is an Equal Opportunity Employer committed to creating an inclusive environment for all employees and encourages applications from candidates of all backgrounds.