Fund Accountant
2151 Priest Bridge Drive Suite 7 Annapolis, MD 21401 US
Job Description
Our growing Real Estate Investment client is on the search for a Fund Accountant to join the team. The Fund Accountant is responsible for the preparation of financial reports for multiple Funds to track the company’s assets, liabilities, profit and loss, and other related financial activities. This position works on problems of moderate scope where analysis of situations or data requires a review of a variety of factors. The Fund Accountant ensures compliance with accounting standards, transparency in fund transactions, and timely and reliable reporting to investors and regulatory authorities. By providing critical financial insights and maintaining fund records, Fund Accountants contribute to informed decision-making, investor confidence, and overall success in managing investment portfolios.
Essential Functions
- Assists with work related to the preparation of quarterly and annual financial statements including footnotes and ensures compliance with Generally Accepted Accounting Principles (GAAP), Fund agreements and investor reporting requirements.
- Prepare investor capital calls, distributions, wire disbursements and investor reporting
- Assist audit process for multiple Funds.
- Forecast asset performance using internal asset management models.
- Prepare hold/sell analysis for company investments.
- Prepare cash fund and investment position reconciliations.
- Track fund level expenses, accruals, capital calls, distribution, management fees and incentive fees.
- Assist in managing audits and tax reporting processing with internal and external accounting firms.
