Fund Accountant

Founded in 1993, Divco West is a multi-disciplinary real estate investment firm headquartered in San Francisco, with offices in Los Angeles, Menlo Park, Cambridge, Washington DC, Austin, and New York City. Known for our long-standing relationships and track record of success in innovation markets, Divco West combines entrepreneurial spirit with an institutional approach.

Divco West aims to create environments that inspire ingenuity, promote growth, and enhance the health, happiness, and well-being of all people. A disciplined code of ethics is at the core of all that we do. We believe that the collective energy of a diverse team is what drives our creative ideas and solutions.

Divco West is seeking a strategic and collaborative accounting professional to join our Fund Accounting team. Under the supervision of the Controller and Accounting Manager, as a Fund Accountant, you will perform various duties to support the monthly, quarterly, and annual close process, along with providing tax accountants and auditors with information for funds and/or separate accounts assigned to them.

This role requires 3 days in office at our San Francisco, CA location.

• Investment vehicle level cash analysis.
• Approve payables/expenditure workflow – NEXUS (AP system), Paymode-X/Kyriba (payment processing) & MRI (GL system).
• Be available to respond to internal & external inquiries.
• Monthly consolidation and reconciliation of investment accounts for various Funds, Joint Ventures, Co-Investments and/or separate accounts.
• Record month-end journal entries and facilitate the closing process.
• Responsible for balance sheet reconciliation (cash, AP, Prepaids, AR, etc.), maintaining the general ledger and updating supporting schedules and
• Managing draw and paydown requests for investment vehicles’ subline.
• Overseeing third party accounting groups with bank reconciliation and other general ledger tasks.
• Lead the quarter-end close process, and preparation of financial statements and footnotes in accordance with NCREIF and GAAP reporting standards.
• Prepare quarterly investor reporting packages.
• REIT maintenance including preparing support for quarterly REIT testing, consent forms, and managing distributions
• Maintain partner capital accounts in Juniper Square (investor portal).
• Prepare ad hoc reports to investors.

Annually

• Annually prepare financials packages for auditors and support with interim and year-end audit process.
• Prepare financial packages for tax accountants and review partnership tax returns.
• Be available to respond to tax & audit inquiries.

Additional Responsibilities

• Work directly with Investments, Chief Accounting Officer, Analytics, Senior Controller, Fund Controller on ad hoc projects.
• Assist in accounting analysis on acquisitions and
• Involved with investor relations and
• Possess the ability to understand & interpret specific legal agreements (LP Agreements, LLC Agreements, Loan Agreements).
• Maintain the confidentiality of all Company
• Follow all Company Policies and
• Comply with all Company training
• Regular attendance at the job is
• Maintain a courteous, helpful, and professional attitude on the Display a willingness and ability to be responsive to all customer groups.
• Perform other duties as assigned in a positive and helpful manner

• Bachelor’s degree in accounting and 2-4 years accounting work Real estate, private equity, financial services, strongly preferred.
• Must have experience in Excel, Word, and
• MRI and Juniper Square experiences are highly
• Working knowledge of partnership/fund accounting
• Strong interpersonal skills and ability to create positive work environment for the
• Exceedingly well organized, very flexible, and strong follow
• Must be a self-starter that is highly motivated, deadline and detail oriented, and understands a sense of urgency
• Proactive, resourceful, efficient with strong decision-making skills; works independently with minimal supervision
• Enjoy the challenges of supporting a small department
• Expert level written and verbal communication skills; must possess high-level of professionalism and strong communication skills
• Prioritize and manage multiple projects simultaneously, and follow through…