Real Estate Fund Accountant

1 day ago


Charlotte, North Carolina, United States Grubb Properties Full time
Job Title: Real Estate Fund Accountant

Grubb Properties is seeking a detail-oriented and numbers-savvy Real Estate Fund Accountant to join our finance team. As a key member of our financial operations, you will play a pivotal role in ensuring accuracy, compliance, and transparency in our real estate fund accounting.

Key Responsibilities:
  1. Invoice Management: Sort, scan, and accurately enter invoices into the accounts payable system.
  2. Vendor Management: Set up new vendors for payment processing and verify annual vendor tax documentation, including issuing Form 1099.
  3. Bank Reconciliation: Prepare bank reconciliations monthly, ensuring up-to-date and accurate cash balances for assigned bank accounts.
  4. Financial Reporting: Prepare and present financial reports, detailing investment performance, cash flow, and financial position.
  5. Investor Accounts: Manage investor contributions and distributions, ensuring compliance with agreements and calculating profit allocations.
  6. Legal Compliance: Review and ensure the accuracy of legal and financial documents, managing the billing process.
  7. Cash Flow Management: Forecast cash flow needs and ensure timely fund transfers between investments.
  8. Tax and Audit Support: Assist in tax filings, audits, and year-end reporting to ensure compliance with all regulations.
  9. Accounting Standards: Stay current with accounting regulations and ensure fund accounting practices adhere to relevant standards.
  10. Asset Valuation: Assist in periodic asset valuations and cost tracking for acquisitions or developments.
  11. Third-Party Coordination: Liaise with third-party service providers for fund administration and accounting needs.

Our ideal candidate has a Bachelor's degree in finance, accounting, economics, or a related field, with a CPA and/or master's degree preferred. 1-3 years of experience in relevant accounting or finance experience is required, with experience in fund accounting or investment management preferred.

We value diversity and are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.



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