Assistant Fund Manager - Real Estate

alter Domus

$80K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting
  • Minimum 3 years real estate accounting and analysis experience
  • Big 4 experience preferred
  • Proficiency in Excel
  • Excellent communication and organization skills
  • Deadline-driven
  • Supervisory experience a plus
  • Experience in Yardi software a plus
  • CPA desirable

Responsibilities

  • Supervise and mentor a team of Associate and Fund Accountants
  • Lead projects and provide input to develop leadership skills
  • Respond to auditor queries
  • Communicate with property managers and clients
  • Prepare and review financial reports, including performance returns and variance analysis
  • Calculate performance returns and benchmark comparisons
  • Review property budgets and assist in annual planning
  • Determine cash distributions aligned with property and fund strategies
  • Ensure compliance with IM and JV agreements

Benefits

  • Support for professional accreditations
  • Flexible work arrangements and generous holidays, including an extra day off for your birthday
  • Continuous mentoring and career progression support
  • Active social committees and events across offices
  • 24/7 support from Employee Assistance Program
  • Employee Share Plan for investment in company growth
  • Additional local benefits depending on location
Full Job Description
Assistant Fund Manager (Real Estate)

Alter Domus is currently seeking an Assistant Fund Manager to join our Fund Administration Real Estate Team in Chicago.

JOB DESCRIPTION:

  • Supervise, mentor, and train a team of Associate and Fund Accountants
  • Develop leadership skills by demonstrating a willingness to lead projects and offer input
  • Respond to auditor queries
  • Communicate and interact with property manager(s) and client(s)
  • Prepare/review monthly, quarterly, and annual reports for clients, including financial information, performance returns, property operations, and variance analysis
  • Calculate and review various performance returns and provide comparisons to benchmarks
  • Review property budgets and help prepare the fund/account's annual budget and business plan
  • Determine appropriate cash distributions considering property objectives and fund/account strategic plans
  • Prepare, review, analyze, and interpret accounting records, financial statements, footnotes, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
  • Review documents to ensure compliance with IM and JV agreements


YOUR PROFILE:

  • Bachelor's degree in accounting
  • Minimum of 3 years of real estate accounting and analysis experience
  • Big 4 experience preferred
  • Proficiency in Excel
  • Excellent communication and organization skills
  • Deadline-driven
  • Ability to work efficiently in a fast-paced team environment
  • Supervisory experience a plus
  • Experience in Yardi software a plus
  • CPA desirable


WHAT WE OFFER:

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our global benefits also include:
  • Support for professional accreditations
  • Flexible arrangements, generous holidays, plus an additional day off for your birthday!
  • Continuous mentoring along your career progression
  • Active sports, events and social committees across our offices
  • 24/7 support available from our Employee Assistance Program
  • The opportunity to invest in our growth and success through our Employee Share Plan
  • Plus additional local benefits depending on your location


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