Accounting Manager

We are seeking an Accounting Manager to join our Chicago-based team. This is a high-impact, hands‑on role responsible for supporting the finance and accounting functions of the Fund, future investment vehicles, and the management company. The Accounting Manager will work directly with the Managing Director, Finance and serve as a key internal point of oversight for our third-party fund administrator.

The ideal candidate has a strong foundation in real estate and private fund accounting and is capable of adding value from day one. This individual should be comfortable independently reviewing accounting closes, financial statements, fair value reporting, investor reporting, and other work prepared by third-party service providers, with the ability to identify issues, ask thoughtful questions, and drive matters to resolution.

As part of a lean and growing organization, this role provides exposure well beyond a traditional fund accounting position, including investments, valuation, investor returns, tax, audits, acquisitions, fund operations, and senior management reporting. The successful candidate will be intellectually curious, comfortable operating at multiple levels, and excited by the opportunity to broaden their skill set and take on increasing responsibility as the firm grows.

Serve as the primary day‑to‑day finance contact for the third‑party fund administrator and take ownership of the accounting and reporting process for the Fund, future investment vehicles, and management company.

Review monthly and quarterly accounting closes, financial statements, supporting schedules, and related reporting prepared by the fund administrator for accuracy, completeness, and consistency.

Review investment accounting, including fair value adjustments and other investment-level and fund-level accounting matters.

Review investor capital activity and quarterly investor reporting.

Prepare and review budget‑to‑actual analyses for the Fund and management company, investigate significant variances, and communicate findings to senior management.

Initiate cash transactions by coordinating requests and supporting documentation with the fund administrator.

Review employee expense reports and supporting documentation.

Assist with cash management and other recurring finance and accounting activities.

• Calculate and review investor and fund-level investment returns and performance metrics.
• Review investment-level and fund-level waterfall and promote calculations.
• Support the preparation and review of financial and performance information used in investor reporting.
• Prepare financial, performance, and other materials for Board and senior management presentations.
• Assist with fair value reporting and related supporting analyses and documentation.

• Help manage the annual audits of the Fund, investment vehicles, and management company, coordinating among the fund administrator, auditors, and internal stakeholders.
• Review tax-related deliverables and coordinate with third‑party tax advisors, including tax estimates, extensions, returns, Schedule K‑1s, and supporting information.
• Coordinate responses to auditor and tax advisor requests and help resolve accounting, reporting, and tax‑related matters.

• Support finance and accounting‑related acquisition due diligence and transaction execution.
• Assist with the formation and operational setup of new legal entities.
• Coordinate bank account establishment and other financial onboarding requirements for new investments and entities.
• Support the onboarding of new acquisitions into the Fund's accounting, reporting, and treasury processes.
• Assist with other Fund, investment, and management company…