Job Description
Job Description
Senior Fund Accountant Job Description
Sterling Organization is seeking a Senior Fund Accountant for the fund accounting group at its corporate headquarters in West Palm Beach, FL. The Junior/Senior Fund Accountant will be responsible for the daily accounting of multiple real estate private equity funds, as well as investor compliance and communications.
This position is ideally suited for a well-organized individual who can work independently, pays attention to detail, and can shift priorities as new responsibilities are assigned. The company is in an acquisition mode so the individual must be able to cope and thrive in a constantly changing environment.
RESPONSIBILITIES
- Maintain the general ledger for multiple fund entities using the funds general ledger, Yardi.
- Review daily bank activities, record cash activities, and reconcile book vs. bank cash balances.
- Monitor cash balances and prepare weekly and monthly bank statement reconciliations.
- Maintain loan compliance with fund lines of credit.
- Complete the quarterly close process including preparation of journal entries.
- Prepare quarterly / annual financial statements, quarterly capital statements, investor letters, LP distribution and capital call notifications, and quarterly work papers for internal review and quarterly reporting support.
- Calculate capital calls, distributions, and management fees.
- Calculate preferred return, promote, carried interest waterfalls.
- Maintain investor database on the external reporting module.
- Prepare and complete all investor-level requests and quarterly investor-level questionnaires.
- Be the first point of contact during the annual audit by providing supporting documentation as requested.
- Assist with ad hoc financial analysis, projects, system implementations, and special projects as assigned.
REQUIREMENTS
- BS (or above) in Accounting or Finance is required
- 3-6 years public/private accounting experience is preferred
- Must be proficient in Microsoft Office applications (e.g. Outlook, Excel, etc.)
- Must have an advanced understanding of Fair Value GAAP Accounting and Financial Reporting
- Yardi knowledge is a plus
- Highly organized, concise, detailed, flexible and efficient.
- Must have the ability to multi-task and reprioritize.
- Good listening skills and be service-oriented.
- Must be able to work independently and have an entrepreneurial mindset
- Have exceptional written and oral communication skills.
COMPENSATION & BENEFITS
Competitive compensation commensurate with skills and experience. Full benefits including: paid vacation and sick time, health and dental insurance, 401K and annual performance bonus.
Sterling Organization is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, ethnicity, age, disability, veteran status, marital status, or any other characteristic protected by law.