Staff Accountant

Client: Real Estate Private Equity Firm

Role: Staff Accountant

Salary: $70,000 - $90,000/annually + Benefits

Location: Newark, NJ - 5 days a week onsite

• Accounting & Financial Reporting: Maintain accurate financial records for private lending and real estate investment vehicles; prepare and review monthly, quarterly, and annual financial statements, ensuring compliance with applicable accounting standards (GAAP or IFRS); consolidate financials across multiple entities and projects.
• Fund Operations: Manage capital calls, distributions, and investor allocations; monitor fund expenses and ensure accurate fee calculations, including management and performance fees; reconcile investment portfolios, bank accounts, and intercompany accounts.
• Transaction Support: Support due diligence processes for new investments, including financial modeling and valuation; assist in structuring and accounting for acquisitions, dispositions, and financing arrangements; track and analyze loan performance metrics and real estate asset valuations.
• Compliance & Audit: Ensure compliance with financial and regulatory requirements specific to private equity and real estate sectors; collaborate with external auditors and tax advisors to support audits and tax filings.
• Process Improvement: Identify opportunities to enhance financial reporting processes and internal controls; implement new accounting software or systems as needed to support the firm’s growth.