Fund Accountant (Salary $100k to $125k

Firm Overview

Our client is a growing real estate private equity fund manager formed in 2024 with nearly $1B in commitments and headquartered in Manhattan. The firm currently employs more than 20 professionals and is actively expanding its finance team.

The firm focuses on real estate investments across credit, structured capital, and equity strategies, targeting distressed and undervalued opportunities designed to generate attractive risk-adjusted opportunistic returns. The platform is focused on building a disciplined, institutional-quality investment and operating framework for real estate credit and special situations investing.

The firm is seeking a Real Estate Private Equity Fund Accountant to join its growing finance team and support the accounting and reporting functions across the firm’s investment vehicles and underlying portfolio investments. This role will focus on fund accounting, investor allocations, financial reporting, and operational support for the firm’s private equity real estate funds and related entities.

The client is looking for candidates with 2-5 years of relevant accounting experience supporting private investment funds, with exposure to real estate, private credit, and/or traditional private equity strategies. The ideal candidate will have a strong understanding of accounting for debt, credit, and/or equity funds, along with experience working with complex fund structures and investment vehicles. A combination of public accounting and private fund experience is preferred.

Tax professionals with exposure to private funds should apply.

The finance team is responsible for the firm’s accounting, financial reporting, and operational infrastructure across its investment platforms. The team works closely with investment, tax, legal, and investor relations professionals to ensure the firm maintains institutional-grade financial reporting, internal controls, and operational processes across its real estate private equity funds and underlying portfolio investments.

This role offers broad exposure to complex fund structures, joint ventures, portfolio investments, and institutional investor reporting, and will work closely with the investment team, tax advisors, and external administrators.

• Assist with the preparation of quarterly and annual financial statements for funds and related entities
• Maintain capital account statements, investor allocations, and partner capital balances
• Support waterfall and carried interest calculations in accordance with fund governing documents
• Record capital calls, distributions, and investor transfers across fund structures

• Record and maintain accounting for portfolio investments, joint ventures, and special purpose vehicles (SPVs)
• Track investment cost basis, realized/unrealized gains, and performance metrics
• Assist with accounting related to investment acquisitions, dispositions, and restructurings
• Support the valuation process through coordination with investment teams and third-party valuation advisors

• Assist in preparing quarterly investor reporting packages and performance summaries
• Maintain investor reporting schedules, including capital activity, performance metrics, and exposure reporting
• Coordinate with investor relations and operations teams on ad hoc reporting requests

• Coordinate with external auditors and fund administrators during annual audit cycles
• Assist with preparation of supporting schedules for annual K-1 tax reporting
• Maintain documentation supporting internal controls and accounting policies
• Support regulatory and compliance reporting as required

• Assist with automation and enhancement of fund accounting processes and reporting workflows
• Support system integrations and data management initiatives related to accounting and reporting platforms
• Participate in special projects, including fund launches, restructurings, and new investment vehicles

• 2-5 years of experience in fund accounting, real estate accounting, or public accounting (Big 4 or…