Senior Fund Accountant at Meridian Group
Chicago, IL
About the Job
Our partner, a premier leader in real estate investment, development and management is looking to add to their Southeast Fund Accounting team. This role sits in the heart of a downtown coastal town, boasting views of the harbor, an in house gym with Peloton bikes, cafe's on every floor and outdoor balcony work spaces overlooking the city and the water. There isn't a thing you won't love about working in this open-aired, team oriented setting. *Relocation included!!*
ESSENTIAL DUTIES AND RESPONSIBILITIES
Performs intensive review of monthly property level reports.
Produces fund financial statements and other required financial information including but not limited to investor funded and unfunded commitments, asset accrual methodology and output. Maintains shareholder registries. Prepares periodic financial statements and assists with audit and tax preparation and audit review.
Prepares investment and positions reconciliations and daily reconciliation of cash balances. Performs periodic asset payment, cash and corporate action reconciliations.
Posts journal entries and money-movement transactions. Ensures all fund transactions are properly posted to accounting system.
Prepares and reconciles daily trial balances for assigned funds.
Updates and monitors daily trading, general ledger activity and pricing of funds to ensure accuracy of daily NAV calculation. Prepares, analyzes and review periodic NAV calculations.
Prepares investor capital call/distribution notices.
Prepares IRR and performance reporting models.
Assists with security master and reporting set-up.
Performs other duties as assigned.
EDUCATION and EXPERIENCE
Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of three years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting preferred with real estate accounting or fund accounting software systems.
CERTIFICATES and/or LICENSES
CPA, CMA or other relevant professional certifications a plus.
COMMUNICATION SKILLS
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
FINANCIAL KNOWLEDGE
Requires intermediate knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an intermediate knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP). Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts intermediate financial analysis.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Performs intensive review of monthly property level reports.
Produces fund financial statements and other required financial information including but not limited to investor funded and unfunded commitments, asset accrual methodology and output. Maintains shareholder registries. Prepares periodic financial statements and assists with audit and tax preparation and audit review.
Prepares investment and positions reconciliations and daily reconciliation of cash balances. Performs periodic asset payment, cash and corporate action reconciliations.
Posts journal entries and money-movement transactions. Ensures all fund transactions are properly posted to accounting system.
Prepares and reconciles daily trial balances for assigned funds.
Updates and monitors daily trading, general ledger activity and pricing of funds to ensure accuracy of daily NAV calculation. Prepares, analyzes and review periodic NAV calculations.
Prepares investor capital call/distribution notices.
Prepares IRR and performance reporting models.
Assists with security master and reporting set-up.
Performs other duties as assigned.
EDUCATION and EXPERIENCE
Degree from a four-year college or university program with an emphasis in accounting, finance or related field required. A minimum of three years accounting experience or equivalent combination of education and experience required. Prior experience in fund level accounting preferred with real estate accounting or fund accounting software systems.
CERTIFICATES and/or LICENSES
CPA, CMA or other relevant professional certifications a plus.
COMMUNICATION SKILLS
Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
FINANCIAL KNOWLEDGE
Requires intermediate knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an intermediate knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP). Ability to calculate intermediate figures such as percentages, discounts, and/or commissions. Conducts intermediate financial analysis.